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18. General Obligation Pledge. For the prompt and <br />full payment of the principal of, and premium, if any, and <br />interest on the Bonds, as the same respectively become due, the <br />full faith, credit and taxing powers of the City shall be and <br />are hereby irrevocably pledged. If the balance in the Debt <br />Service Account is ever insufficient to pay all principal, <br />premium, if any, and interest then due on the Bonds payable <br />therefrom, the deficiency shall be promptly paid out of any <br />other funds of the City which are available for such purpose, <br />and such other funds may be reimbursed with or without interest <br />from the Debt Service Account when a sufficient balance is <br />available therein. <br />19. Certificate of Registration. The Clerk- <br />Treasurer is hereby directed to file a certified copy of this <br />resolution with the County Auditor of Washington County, Minne- <br />sota, together with such other information as he shall require, <br />and to obtain from the Auditor his certificate that the Bonds <br />have been entered in the Auditor's Bonus Register, and that the <br />tax levy required by law has been made. <br />20. Records and Certificates. The officers of the <br />City are hereby authorized and directed to prepare and furnish <br />to the Purchaser of the Bonds, and to the attorneys approving <br />the legality of the issuance thereof, certified copies of all <br />proceedings and records of the City relating to the Bonds and <br />to the financial condition and affairs of the City, and such <br />other affidavits, certificates and information as are required <br />to show the facts relating to the legality and marketability of <br />the Bonds as the same appear from the books and records under <br />their custody and control or as otherwise known to them, and <br />all such certified copies, certificates and affidavits, in- <br />cluding any heretofore furnished, shall be deemed represen- <br />tations of the City as to the facts recited therein. <br />21. Headings. Headings in this resolution are <br />included for convenience of reference only, and are not a part <br />hereof. <br />The motion for the adoption of the foregoing <br />resolution was duly seconded by member _T 1-jej and, <br />after a full discussion thereof, and upon vote being taken <br />here n the following voted in favor thereof: Mayor Mike McAllister, <br />Lound iembers: Dean Atkinson, Theodora Peltier, Charles Schwab, James Hauer <br />and the following voted against the same: None <br />Whereupon said resolution was declared duly passed <br />and adopted. <br />-16- <br />