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(2) This Section 6 (and the form and requirements of the Disclosure Information) <br /> may be amended or supplemented by the City from time to time, without notice to (except as <br /> provided in paragraph (3) of subsection (b)) or the consent of the Owners of any Bonds, by a <br /> resolution of this Council filed in the office of the recording officer of the City accompanied by <br /> an opinion of Bond Counsel, who may rely on certificates of the City and others and the opinion <br /> may be subject to customary qualifications, to the effect that: (i) such amendment or supplement <br /> (a) is made in connection with a change in circumstances that arises from a change in law or <br /> regulation or a change in the identity, nature or status of the City or the type of operations <br /> conducted by the City, or (b) is required by, or better complies with, the provisions of paragraph <br /> (b)(5) of the Rule; (ii) this Section 6 as so amended or supplemented would have complied with <br /> the requirements of paragraph (b)(5) of the Rule at the time of the primary offering of the Bonds, <br /> giving effect to any change in circumstances applicable under clause (i)(a) and assuming that the <br /> Rule as in effect and interpreted at the time of the amendment or supplement was in effect at the <br /> time of the primary offering; and (iii) such amendment or supplement does not materially impair <br /> the interests of the Bondowners under the Rule. <br /> If the Disclosure Information is so amended, the City agrees to provide, <br /> contemporaneously with the effectiveness of such amendment, an explanation of the reasons for <br /> the amendment and the effect, if any, of the change in the type of financial information or <br /> operating data being provided hereunder. <br /> (3) This Section 6 is entered into to comply with the continuing disclosure <br /> provisions of the Rule and should be construed so as to satisfy the requirements of paragraph <br /> (b)(5) of the Rule. <br /> Section 7. Authorization of Payment of Certain Costs of Issuance of the Bonds. <br /> The City authorizes the Purchaser to forward the amount of Bond proceeds allocable to the <br /> payment of issuance expenses to Klein Bank, on the closing date for further distribution as <br /> directed by the City's financial advisor, Ehlers & Associates, Inc. <br /> Section 8. Redemption of Refunded Bonds. The City Manager is hereby directed <br /> to advise Wells Fargo Bank, National Association, Minneapolis, Minnesota, as paying agent for <br /> the Refunded Bonds, to call such bonds for redemption and prepayment on the Redemption Date <br /> and the Crossover Dates, respectively, and to give thirty days mailed Notice of Redemption, all <br /> in accordance with the provisions of the resolutions authorizing the issuance of such bonds. <br /> -23- <br />