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underwriter or underwriting syndicate submitting a proposal therefor, the City agrees that, no <br /> more than seven business days after the date of such award, it shall provide without cost to the <br /> senior managing underwriter of the syndicate to which the Bonds are awarded 30 copies of the • <br /> Official Statement and the addendum or addenda described above. The City designates the <br /> senior managing underwriter of the syndicate.to which the Bonds are awarded as its agent for <br /> purposes of distributing copies of the Final Official Statement to each Participating Underwriter. <br /> Any underwriter delivering a proposal with respect to the Bonds agrees thereby that if its <br /> proposal is accepted by the City (i) it shall accept such designation and (ii) it shall enter into a <br /> contractual relationship with all Participating Underwriters of the Bonds for purposes of assuring <br /> the receipt by each such Participating Underwriter of the Final Official Statement. <br /> Dated February 11, 1997 BY ORDER OF THE CITY COUNCIL <br /> /s/ Connie Kroepin <br /> City Clerk <br /> • <br /> • <br /> Page 9 <br />