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<br />4.03. The City Finance Director-Clerk is authorized and directed to file a certified copy <br />of this resolution with the Director of Property Records and Revenue of Ramsey County and to <br />obtain the certificate required by Minnesota Statutes, Section 475.63. <br /> <br />Section 5. <br /> <br />Authentication of Transcript. <br /> <br />5.01. The officers of the City are authorized and directed to prepare and furnish to the <br />Purchaser and to the attorneys approving the Bonds, certified copies of proceedings and records <br />of the City relating to the Bonds and to the financial condition and affairs of the City, and such <br />other certificates, affidavits and transcripts as may be required to show the facts within their <br />knowledge or as shown by the books and records in their custody and under their control, relating <br />to the validity and marketability of the Bonds, and such instruments, including any heretofore <br />furnished, may be deemed representations of the City as to the facts stated therein. <br /> <br />5.02. The Mayor and City Finance Director-Clerk are hereby authorized and directed to <br />certify that they have examined the Official Statement prepared and circulated in connection with <br />the issuance and sale of the Bonds and that to the best of their knowledge and belief the Official <br />Statement is a complete and accurate representation of the facts and representations made therein <br />as of the date of the Official Statement. <br /> <br />Section 6. <br /> <br />Book~Entry System: Limited Obligation of City. <br /> <br />6.01. The Bonds will be initially issued in the form of a separate single typewritten or <br />printed fully registered Bond for each of the maturities set forth in Section 1.03 hereof. Upon <br />initial issuance, the ownership of each Bond will be registered in the registration books kept by <br />the Bond Registrar in the name of Cede & Co., as nominee for The Depository Trust Company, <br />New York, New York, and its successors and assigns (DTC). Except as provided in this section, <br />all of the outstanding Bonds will be registered in the registration books kept by the Bond <br />Registrar in the name of Cede & Co., as nominee of DTC. <br /> <br />6.02. With respect to Bonds registered in the registration books kept by the Bond <br />Registrar in the name of Cede & Co., as nominee of DTC, the City, the Bond Registrar and the <br />Paying Agent will have no responsibility or obligation to any broker dealers, banks and other <br />financial institutions from time to time for which DTC holds Bonds as securities depository <br />(Participants) or to any other person on behalf of which a Participant holds an interest in the <br />Bonds, including but not limited to any responsibility or obligation with respect to (i) the <br />accuracy of the records of DTC, Cede & Co. or any Participant with respect to any ownership <br />interest in the Bonds, (ii) the delivery to any Participant or any other person (other than a <br />registered owner of Bonds, as shown by the registration books kept by the Bond Registrar,) of <br />any notice with respect to the Bonds, including any notice of redemption, or (iii) the payment to <br />any Participant or any other person, other than a registered owner of Bonds, of any amount with <br />respect to principal of, premium, if any, or interest on the Bonds. The City, the Bond Registrar <br /> <br />DJK1l5944 <br />NE136-137 <br />