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• Purchase Agreement upon execution thereof by the Purchaser and <br /> the Borrower , and to execute the Remarketing Agreement upon <br /> execution thereof by the Borrower, the Trustee, the City, and <br /> the Remarketing Agent. Copies of all of the documents shall be <br /> delivered, filed and recorded as provided therein. The Mayor <br /> and the City Manager are also authorized and directed to <br /> execute such other instruments as may be required to give <br /> effect to the transactions herein contemplated. <br /> 4 . The Bonds; Terms, Sale and Execution. <br /> 4 . 01 . Authorization. The City hereby authorizes the <br /> issuance of the Bonds in the aggregate principal amount of <br /> $11 , 175, 000 , in the form and upon the terms set forth in the <br /> Indenture and this resolution. The Bonds are hereby sold to <br /> the Purchaser at the price and upon the terms contained in the <br /> Bond Purchase Agreement . <br /> 4 . 02 . Execution. The Mayor and the City Manager are <br /> hereby authorized and directed to execute the Bonds as <br /> prescribed herein and in the Indenture and to deliver them to <br /> the Trustee, together with a certified copy of this resolution, <br /> the other documents required in the Indenture, and such other <br /> certificates , documents and instruments as may be appropriate <br /> to effect the transactions herein contemplated. The Trustee is <br /> hereby appointed authenticating agent for the Bonds pursuant to <br /> Minnesota Statutes, Section 475 .55 , Subdivision 1 . <br /> 4 . 03 . Modifications, Absence of Officers . The <br /> approval hereby given to the various documents referred to <br /> above includes an approval of such modifications thereto, <br /> deletions therefrom and additions thereto as may be necessary <br /> and appropriate and approved by the City Attorney. and the City <br /> Manager prior to the execution of the documents . The execution <br /> of any instrument by the appropriate officer or officers of the <br /> City herein authorized shall be conclusive evidence of the <br /> approval of such documents in accordance with the terms <br /> hereof . In the absence or disability of the' Mayor, any of the <br /> documents authorized by this resolution to be executed may be <br /> executed by the acting Mayor, and in the absence or disability <br /> of the City Manager by such officer of the City who, in the <br /> opinion of the City Attorney, may execute such documents. <br /> Section 5 . Authentication of Proceedings . <br /> The Mayor, City Manager and City Clerk and other <br /> officers of the City are authorized and directed to furnish to <br /> the Purchaser and bond counsel certified copies of all <br /> proceedings and records of the City relating to the Bonds, and <br /> such other affidavits and certificates as may be required to <br /> show the facts relating to the legality and marketability of <br /> -5- <br />