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<br />vested at a rate not exceeding the interest rate on the <br />Bond. <br /> <br />8. The Ci ty has not been notified of any listing or <br />proposed listing of it by the Internal Revenue Service as an <br />issuer which may not certify as to its bonds, notes, or <br />other obligations, or as an issuer whose certifications on <br />the same may not be relied upon. <br /> <br />On the basis of the foregoing, it is not expected that <br />the proceeds of the Bond will be used in a manner that would <br />cause the Bond to be an arbitrage bond under Section 103(c) <br />of the Code and the Regulations. To the best of our knowl- <br />edge and belief, there are no facts, estimates, or circum- <br />stances that would mater ia11y change the foregoing conclu- <br />sion. <br /> <br />This certificate is being executed and delivered pursu- <br />ant to Sections 1.103-13, 1.103-14 and 1.103-15 of the Regu- <br />lations, and we are the officers of the City charged with <br />the responsibility for issuing the Bond, and as such, are <br />off icials referred to in the Regulations, Section 1.103- <br />13(a) (2) (ii), whose reasonable certification may be relied <br />upon as the certification of the City. This certification <br />has been delivered as part of the record of proceedings and <br />accompanying certificates with respect to the Bond. <br /> <br />IN WITNESS WHEREOF, we <br />~ixed the official seal <br />OOS~ ' 1984. <br /> <br />have hereunto set our hands and <br />of the Ci ty this tiz..fu.;o day of <br /> <br /> <br />,ffi7)M/5 ~~a0' <br />ayar <br /> <br />/?~ ~~/ <br />c 'Manager <br /> <br />~( SEAL) <br />