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Section 8. Authorization of Payment of Certain Costs of Issuance of the Bonds. The <br /> • City authorizes the Purchaser to forward the amount of Bond proceeds allocable to the payment <br /> of issuance expenses to Resource Bank&Trust Company,Minneapolis,Minnesota,on the <br /> closing date for further distribution as directed by the City's financial advisor,Ehlers& <br /> Associates,Inc. <br /> Jerome O.Faust <br /> Mayor <br /> Attest: <br /> Barb Suciu <br /> City Clerk <br /> The motion for the adoption of the foregoing resolution was duly seconded by <br /> Councilmember Roth, and upon vote being taken thereon,the following voted in favor thereof: <br /> Faust, Gray, Stille,Thuesen and Roth; <br /> • and the following voted against the same: <br /> none; <br /> whereupon said resolution was declared duly passed and adopted, and was signed by the Mayor <br /> which signature was attested by the City Clerk. <br /> • <br /> -21- <br />