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e e . No reserve funds are deemed necessary for this purpose. The Loan Agreement obligates the Company to provide for the operation and maintenance of the Project, including adequate insurance, taxes and special assessments. (h) Under the provisions of Section 474.10 of the Act, and the Note shall recite that, the Note is not to be payable from nor charged upon any funds other than amounts payable by the Company pursuant to the Loan Agreement which are pledged to the payment thereof, and, in event of default, moneys derived from fore- closure or other enforcement of the Mortgage, the Assignment of Rents and the Guaranty Agreement; the City is not subject to any liability thereon; no Holder of the Note shall ever have the right to compel the exercise of the taxing power of the City to pay the Note or the interest thereon, nor to enforce payment thereof against any property of the City; and the Note shall not constitute a charge, lien or encumbrance, legal or equitable, upon any property of the City; and such Note does not constitute an indebtedness of the City within the meaning of any constitutional or statutory limitation. (i) No member of the City Council (i) has a direct or indirect interest in the Project, the Loan Agreement, the Loan Agreement Assignment, the Escrow Agreement or Note, (ii) owns any capital stock of or other interest in the Project or the Company, (iii) is an officer or director of the Company, (iv) will be involved in supervising the completion of the Project on behalf of the Company, or (v) will receive any commission, bonus or other remuneration for or in respect of the Project, the Loan Agreement, the Loan Agreement Assignment, the Escrow Agreement or the Note. 5. Approval and Execution of Documents. The forms of Mortgage, Lease, Assignment of Rents, Guaranty Agreement, Loan Agreement, Loan Agreement Assignment and Escrow Agreement referred to in paragraph 3 are approved. The Loan Agreement, Loan Agree- ment Assignment and Escrow Agreement shall be executed in the name and on behalf of the City by the Mayor (or acting Mayor) and the City Manager in substantially the form on file, but with all such changes therein, not inconsistent with the Act or other law, as may be approved by the ,Mayor (or acting Mayor), City Manager and the City Attorney, which approval shall be conclu- sively evidenced by the execution thereof. The Mortgage, Lease, Assignment of Rents and Guaranty Agreement may contain such revisions as may be approved by the Lender and the Company or Guarantors. The Mayor (or acting Mayor), City Manager and City Clerk are authorized to execute and deliver, on behalf of the City, such other documents as are required by the Loan Agreement.