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" cated by the manual signature of an authorized representa- tive of the Bond Registrar, hereby designated by the City as its authenticating agent for the Bonds pursuant to Minnesota Statutes, section 475.55, Subdivision 1. The Bonds, when fully executed, shall be delivered by the City Clerk- Treasurer to the PurChaser upon receipt of the purchase pr ice, and the Purchaser shall not be obligated to see to the proper application thereof. If it becomes desirable or necessary that the City close on the Bonds prior to the time that printed Bonds can be prepared, executed, and delivered, the City may deliver to the Purchaser temporary typewritten or similarly prepared Bonds (including with respect to each maturity a single Bond in the full principal amount thereof) duly executed and authenticated in accordance with applicable law, which temporary Bonds shall be exchanged for definitive Bonds as soon as the same can be prepared and delivered in accordance with this Resolution. 10. Escrow Deposit Agreement. The form of the Escrow Deposit Agreement which is on file in the office of the City Clerk-Treasurer and which has been proposed to be entered into between the Ci ty and Fi rst Trust Company, rnc., St. Paul, Minnesota, as Escrow Agent thereunder, for the purpose of providing an irrevocable escrow of funds and investments for the payment (in accordance with this Resolution and the Escrow Deposit Agreement) of certain interest on the Bonds and the principal of the Series 1985 Bonds is hereby approved, and the Mayor, City Manager, and City Clerk- Treasurer are hereby authorized and directed to execute such agreement in substantially the form on file but wi th such changes thereto as the officers executing the same may approve, which approval shall be conclusively evidenced by their execution thereof. The Escrow Deposit Agreement shall be irrevocable, and the City hereby covenants punctually to perform the terms and conditions thereof and agrees to pay the reasonable charges of the Escrow Agent thereunder. 11. Escrow Certifications. The firm of , Minnesota, certified public accountants, is hereby authorized and directed to provide verifications and certifications with respect to the deposits and investments in the Escrow Account and is further authorized to make such calculations as may be necessary for the purposes of determining the sufficiency of the Escrow Account to make all timely payments of principal of the Series 1985 Bonds and the interest on the Bonds (to the extent provided in this Resolution and in the Escrow Deposit Agreement) and of determining compliance with yield restrictions and other provisions of Section 103(c) of the Internal Revenue Code of 1954, as amended, and regulations and rulings thereunder. - 13 -