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r , <br /> interest to become due thereon to maturity or, if notice of redemption as herein <br /> required has been duly provided for, to such earlier redemption date. <br /> Section 6. Registration, Certification of Proceedings, Investment of <br /> Moneys, Arbitrage, Interest Disallowance and Official Statement. <br /> 6.01. Registration. The City Clerk is hereby authorized and directed to <br /> file a certified copy of this resolution with the County Auditors of Hennepin and <br /> Ramsey Counties, together with such other information as he shall require, and to <br /> obtain from each County Auditor a certificate that the Bonds have been entered on <br /> upon the Auditor's register as required by law. <br /> 6.02. Certification of Proceedings. The officers of the City and the <br /> County Auditors of Hennepin and Ramsey Counties are hereby authorized and <br /> directed to prepare and furnish to the Purchaser, and to Dorsey & Whitney P.L.L.P., <br /> Bond Counsel, certified copies of all proceedings and records of the City, and such <br /> other affidavits, certificates and information as may be required to show the facts <br /> relating to the legality and marketability of the Bonds as the same appear from the <br /> books and records under their custody and control or as otherwise known to them, <br /> and all such certified copies, certificates and affidavits, including any heretofore <br /> furnished, shall be deemed representations of the City as to the facts recited therein. <br /> • 6.03. Covenant. The City covenants and agrees with the holders from <br /> time to time of the Bonds that it will not take or permit to be taken by any of its <br /> officers, employees or agents any action which would cause the interest on the <br /> Bonds to become subject to taxation under the Internal Revenue Code of 1986, as <br /> amended (the "Code") and the Regulations promulgated thereunder (the <br /> "Regulations"), as such are enacted or promulgated and in effect on the date of issue <br /> of the Bonds, and covenants to take any and all actions within its powers to ensure <br /> that the interest on the Bonds will not become subject to taxation under such Code <br /> and Regulations. The City represents and covenants that the City will be the owner <br /> of all facilities financed by the Bonds and said facilities will be available for use by all <br /> members of the general public on a substantially equal basis. So long as the Bonds <br /> are outstanding, the City will not enter into any lease, use agreement or other <br /> contract or agreement respecting said facilities which would cause the Bonds to be <br /> considered "private activity bonds" or "private loan bonds" pursuant to the <br /> provisions of Section 141 of the Code. <br /> 6.04. Arbitrage. The Mayor and City Manager being the officers of the <br /> City charged with the responsibility for issuing the Bonds pursuant to this <br /> resolution, are authorized and directed to execute and deliver to the Purchaser a <br /> certificate in accordance with the provisions of Section 148 of the Code, and Sections <br /> 1.148 of the Regulations, stating the facts, estimates and circumstances in existence <br /> on the date of issue and delivery of the Bonds which make it reasonable to expect <br /> -16- <br />