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The principal amount of the Bonds is less than$1,000,000. The City hereby <br /> represents that it has not issued within the six months before the date of issuance of the Bonds, <br /> and that it reasonably expects that it will not issue within six months after the date of issuance of <br /> the Bonds, other securities of the City of substantially the same security and providing financing <br /> for the same general purpose or purposes as the Bonds. .Consequently,this Council hereby finds <br /> that the Rule is inapplicable to the Bonds,because the aggregate principal amount of the Bonds <br /> and any other securities required to be integrated with the Bonds thereunder is less than <br /> $1,000,000. Therefore,the City will not enter into any undertaking to provide continuing <br /> disclosure of any kind with respect to the Bonds. <br /> Mayor <br /> Attest: <br /> City Clerk <br /> -19- <br />