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<br />vice Revenue Procedures 79-5 and 81-22 and any regulations <br />amendments or modifications thereto; provided that if the <br />Lender receives an opinion of Bond Counsel that the exemp- <br />tion from federal income taxation of the interest on the <br />Note will not be jeopardized, the surplus funds may be in- <br />vested at a yield greater than the yield on the Note. <br /> <br />5.06 Issuance of New Note. The City shall, at the <br />request and expense of the Lender, issue new Notes, in an <br />aggregate outstanding principal amount equal to that of the <br />Note surrendered, and of like tenor except as to number, <br />principal amount, and the amount of the monthly payment <br />payable thereunder, and be registered by the Note Registrar <br />in the name of the Lender or such transferee as may be des- <br />ignated by the Lender. <br /> <br />Section 6. Limitations of the City's Obligations. <br /> <br />6.01 Notwithstanding anything contained herein or in <br />the Note, the Agreement, the Pledge Agreement, or the <br />Investment Agreement, and the Security Documents or any <br />other documents referred to in Section 3.03 hereof, the <br />Note, the pr incipal thereof, premium thereon, if any, and <br />interest thereon and the Agreement, the Pledge Agreement, <br />the Investment Agreement, and the Security Documents shall <br />not constitute any indebtedness of the City within the mean- <br />ing of any constitutional or statutory limitation and shall <br />not constitute or give rise to a pecuniary liability of the <br />City or a charge against its general credit or taxing powers <br />and shall not constitute a charge, lien, or encumbrance, <br />legal or equitable, upon any property of the City other than <br />its interest in the Project, and no Owner of the Note shall <br />ever have the right to compel any exercise of the taxing <br />power of the City to pay the Note or the interest thereon or <br />to enforce payment thereof against any property of the City <br />other than its interest in the project. The agreement of <br />the city to perform the covenants and other provisions con- <br />tained in this Resolution or the Note, the Agreement, the <br />Pledge Agreement, the Investment Agreement, and the Security <br />Documents and the other documents listed in Section 3.03 <br />hereof shall be subject at all times to the availability of <br />revenues furnished by the Borrower sufficient to pay all <br />costs of such performance or the enforcement thereof, and <br />nei ther the Ci ty nor any of its officers, employees, or <br />agents shall be subject to any personal or pecuniary lia- <br />bility thereon. <br /> <br />Section 7. City Representative. <br /> <br />7.01. The City Clerk-Treasurer and the City Manager of <br />the City are hereby designated and authorized to act on <br />behalf of the City as the City Representative and alternate <br />