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<br />the City Council members thereof by the provisions of this
<br />resolution or of the Loan Agreement or other documents referred
<br />to above shall be exercised or performed by the City, or by such
<br />members, officers, board, body or agency as may be required or
<br />authorized by law to exercise such powers and to perform such
<br />duties. No covenant, stipulation, obligation, representation, or
<br />agreement herein contained or contained in the Loan Agreement or
<br />other documents referred to above shall be deemed to be a
<br />covenant, stipulation, obligation, representation, or agreement
<br />of any officer, agent or employee of the City in that person's
<br />individual capacity, and neither the members of the City Council
<br />of the City nor any officer or employee executing the Bonds shall
<br />be liable personally on the Bonds or be subject to any personal
<br />liability or accountability by reason of the issuance thereof.
<br />
<br />Section 8. Except as herein otherwise expressly provided,
<br />nothing in this resolution, expressed or implied, is intended or
<br />shall be construed to confer upon any person, firm or corporation
<br />other than the City, the holders of the Bonds, and the Owner, any
<br />right, remedy, or claim, legal or equitable, under and by reason
<br />of this resolution or any provision hereof, all of such
<br />provisions being intended to be and being for the sole and
<br />exclusive benefit of the City, the holders from time to time of
<br />the Bonds issued under the provisions of this resolution, and the
<br />Owner.
<br />
<br />Section 9. In case anyone or more of the provisions of
<br />this resolution or of the Bonds issued hereunder shall for any
<br />reason be held to be illegal or invalid, such illegality or
<br />invalidity shall not affect any other provision of this
<br />resolution or of the Bonds, but this resolution and the Bonds
<br />shall be construed as if such illegal or invalid provision had
<br />not been contained therein.
<br />
<br />Section 10. All acts, conditions, and things required by
<br />the laws of the State of Minnesota, relating to the adoption of
<br />this resolution, to the issuance of the Bonds, and to the
<br />execution of the other documents referred to above, to which the
<br />City is a party, to happen, exist, and be performed precedent to
<br />and in the enactment of this resolution, and precedent to the
<br />issuance of the Bonds, and precedent to the execution of the
<br />other documents referred to above have happened, exist, and have
<br />been performed as so required by law.
<br />
<br />Section 11. The City Council of the City, officers of the
<br />City, and attorneys and other agents or employees of the City are
<br />hereby authorized to do all acts and things required of them by
<br />or in connection with this resolution and the other documents
<br />referred to above, to which the City is a party, for the full,
<br />punctual, and complete performance of all the terms, covenants,
<br />and agreements contained in the Bonds and the other documents
<br />referred to above, and this resolution.
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