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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 <br /> the senior managing underwriter of the syndicate to which the Bonds are awarded 50 copies of <br /> the Official Statement and the addendum or addenda described above. The City designates <br /> the senior managing underwriter of the syndicate to which the Bonds are awarded as its agent <br /> for purposes of distributing copies of the Final Official Statement to each Participating <br /> Underwriter. Any underwriter delivering a proposal with respect to the Bonds agrees thereby <br /> that if its proposal is accepted by the City (i) it shall accept such designation and (ii) it shall <br /> enter into a contractual relationship with all Participating Underwriters of the Bonds for <br /> purposes of assuring the receipt by each such Participating Underwriter of the Final Official <br /> Statement. <br /> Dated February 9, 1999 BY ORDER OF THE CITY COUNCIL <br /> /s/Connie Kroeplin <br /> City Clerk <br /> - iv- <br />