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change in circumstances applicable under clause (i)(a) and assuming that the Rule as in effect <br />and interpreted at the time of the amendment or supplement was in effect at the time of the <br />primary offering; and (iii) such amendment or supplement does not materially impair the <br />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 7 is entered into to comply with the continuing disclosure provisions of <br />the Rule and should be construed so as to satisfy the requirements of paragraph (b)(5) of the <br />Rule. <br />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, 13hlers & <br />Associates, Inc. <br />Attest: <br />City Clerk <br />Mayor <br />I S <br />