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21-EDA-352 <br />Page 3 <br />Minnesota or any political subdivision thereof is pledged to the payment of the principal of or interest <br />on the Interfund Loan or other costs incident thereto. The Authority shall have no obligation to pay <br />any principal amount of the Interfund Loan or accrued interest thereon, which may remain unpaid <br />after the final Payment Date. <br />2.07. The Authority may amend the terms of the Interfund Loan at any time by resolution <br />of the Board to the extent permissible under law. <br />Section 3. Effective Date. This resolution is effective upon the date of its approval. <br />Adopted on the 22"d day of November, 2021. <br />Carol A. Mueller, President <br />Attest: <br />A'� �"' '/ <br />Nyle Z' und, ecutive Director <br />(SEAL) <br />5 <br />DOCSOPEN\MU205\52\763647.v3-11 /19/21 <br />