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.03. The City Manager is directed to file a certified copy of this Resolution with the Direct of Property Records and Revenue of Ramsey County and obtain the certificate required by Mi esota Statutes, Section 475.63. ection 5. Authentication of Transcript. Purch of the other knowl relatin hereto .01. The officers of the City are authorized and directed to prepare and furnish to the r and to the attorneys approving the Bonds, certified copies of proceedings and records ity relating to the Bonds and to the financial condition and affairs of the City, and such rtificates, affidavits and transcripts as may be required to show the facts within their ge or as shown by the books and records in their custody and under their control, to the validity and marketability of the Bonds, and such instruments, including any re furnished, will be deemed representations of the City as to the facts stated therein. .02. The Mayor, City Manager and Finance Director are authorized and directed to hat they have examined the Official Statement prepared and circulated in connection issuance and sale of the Bonds and that to the best of their knowledge and belief the Statement is a complete and accurate representation of the facts and representations rein as of the date of the Official Statement. Tax Covenant. that it which Reven there emplo ensure Treas Bonds .01. The City covenants and agrees with the holders from time to time of the Bonds '11 not take or permit to be taken by any of its officers, employees or agents any action ould cause the interest on the Bonds to become subject to taxation under the Internal Code of 1986, as amended (the "Code"), and the Treasury Regulations promulgated er, in effect at the time of such actions, and that it will take or cause its officers, es or agents to take, all affirmative action within its power that may be necessary to at such interest will not become subject to taxation under the Code and applicable Regulations, as presently existing or as hereafter amended and made applicable to the .02. The City will comply with requirements necessary under the Code to establish and main the exclusion from gross income of the interest on the Bonds under Section 103 of the Code, . cluding without limitation requirements relating to temporary periods for investments, limita' ns on amounts invested at a yield greater than the yield on the Bonds, and the rebate of exces nvestment earnings to the United States. .03. The City further covenants not to use the proceeds of the Bonds or to cause or em or any of them to be used, in such a manner as to cause the Bonds to be "private bonds" within the meaning of Sections 103 and 141 through 150 of the Code. 6.05. The City will use its best efforts to comply with any federal procedural ents which may apply in order to effectuate the designations made by this section. 13