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HomeMy WebLinkAbout1982 12-27 CCP Regular Session CITY COUINCIL AGENDA CITY OF BROOKLYN CENTER DECEt-IBER 27, 1982 SPECIAL SESSION 7:00 p.m. 1. Call to Order 2 Roll. Call 3. Resolutions: r 6 a. Approving Agreement No. 61263M with MN /DOT --The proposed agreement provides for the City to assume control of the traffic control signal systems on Shingle Creek Parkway at Summit Drive and at Freeway Boulevard. b. Amending the 1982 and 1983 General Fund Budget (to carry -over a 1982 uncommitted appropriation for windows in the pool area of the Community Center to the 1983 budget). c. Authorizing Joint Powers Agreement for a Single Family Housing Revenue Bond Program d. Authorizing the Issuance of Single Family Mortgage Revenue Bonds e. Approving Collective Bargaining Agreement Between Law Enforcement Labor Services, Local No. 82 and the City of Brooklyn Center 4. Adjournment t Member introduced the following resolution and moved its adoption: RESOL UTION NO. RESOLUTION APPROVING AGR1EMEN7' NO. 61263M WITH THE MINNES D P '''' IT'ENT OF TRANSPORTATION BE IT RESOLVED that the City of Brooklyn Center enter into an agreement with the State of Minnesota, Department of Transportation for the following purposes, to wit:. To maintain and provide electrical energy for temporary Traffic Control Signals with street lights on Shingle Creek Parkway at Summit Drive, and at Freeway Boulevard in accordance with the terms and conditions set forth and contained in Agreement No. 61263M, a copy of which was before the Council. BE IT FURTHER RESOLVED that the proper City of Brooklyn Center officers be and hereby are authorized to execute such agreement, and thereby assume for and on behalf of the City all of the contractual obligations contained therein. Date �� Diayor� ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member , and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted. Member introduced the following resolution and moved its adoption: RESOhUTION NO. RESOLUTION AMEN THE 19 AND 19 83 GE FUND BUDGETS WHEREAS, the 1382 General. Fund Budget appropriated funds for windows in the pool area of the Civic Center; and WHEREAS, a detailed study is being conducted to evaluate the most cost- effective way of improving the Heating Ventilation and Air Conditioning (HVAC) system for the Civic Center; and WHEREAS, it is anticipated that these funds will be needed to provide H°JAC system modifications; and WHEREAS, Section 7.08 of the Brooklyn Center City Charter authorizes the City Council to appropriate funds from accumulated surplus in an amount equal to a previous appropriation in the General Fund Budget, if not in fact expended or encumbered for that purpose in the previous fiscal year. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL of the City of Brooklyn Center, Minnesota to amend the 1983 General Fund Budget to-appropriate $4,851 to the Community Center (Division No. 66), Capital Outlay- Building Account No. 4520, from the General Fund Balance to complete said HVAC system modifications in 1963; and BE IT FURTHER RESOLVED to amend the 1982 General Fund Budget to decrease the appropriation for said repairs by the same amount. Date Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member and upon vote being taken thereon, the following voted.in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted. 7 g tient�er introduced the following resolution and moved its adoption: RESOLUTION NO. RESOLUTION AUTEIOi ?_ZTNG JOINT PO! ERS AGREEMENT FOR A SINGLE FAMILY H OUSING I�._E UNUE B0 PROGRA 1 WHEREAS, a Joint Powers Agreement., in accordance with Minnesota Statutes, Section 471.59 and Chapter_ 4620, has been proposed between and among the City of Brooklyn Center, Minnesota, the City of Columbia Heights, Minnesota, and the City of Moorhead, Minnesota, each a municipal corporation and political subdivision of the State of Minnesota, and the Housi_ny and Redevelopment Authority in and for the City of Robbinsdale, Minnesota, a body corporate and politic organized under the laws of the State of Minnesota (collectively the "Issuers "); and WHEREAS, the purpose of the Joint Powers Agreement is to meet the needs of the Cities of Brooklyn Center, Colurn%;ia Heights, Moorhead, and Robbinsdale to preserve the quality of life through the maintenance provision and preservation of adequate housing stock, to encourage new housing construction, and to provide in a timely fashion affordable housing to persons of low and moderate income who are unable to afford housing at current market interest rates or to obtain housing financing because of the severely restricted mortgage credit market; and WHEREAS, the Issu in order to promote the public health, welfare, and prosperity will undertake a joint program of providing below market interest rate mortgage loans primarily to person of low and moderate income to finance the purchase of homes within the geographic limits of the Cities of Brooklyn Center, Columbia Heights, Moorhead,and Robbinsdale upon terms and conditions not otherwise generally affordable to such persons in the private mortgage market. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that it hereby authorizes and directs its Mayor and City Manager to enter into and execute on behalf of the City of Brooklyn Center the Joint Powers Agreement For A Single Family Housing Revenue Bond Program. Date Mayor ATTEST: Clerk The motion for the adoption of the foregoing resolution was duly seconded by member , and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared duly passed and adopted, Member introduced the following resolution and moved fi e its adoption: } RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF, BROOKLYN CENTER, AUTHORIZING THE ISSIIANCE OF SINGLE FAMILY MORTGAGE REVENUE BONDS, IN THE AGGREGATE PRINCIPAL AJ OF $31, 758, 000, WHICH BONDS AND THE INTEREST AND PREiMIUJM THEREON SHALL BE PAYABLE SOLELY FROM THE REVENUES OF THE PROGRAM; PRESCRIBING THE FORM OF AND AUTHORIZING THE EXECUTION OF' AN INDENTURE OF TRUST; AUTHORIZING; THE EXECUTION AND SALT, OF THE BONDS AND DIRECTING DELIVERY THEREOF; AUTHORIZING ACCEPTANCE OF THE BON PU A IN CONNECTION WITH THE BONDS; AUTHORIZING THE PURCH! ?,SE OF MORTGAGE LOANS AND THE CONTRACT- ING FOR THE ORIGINATION THEREOF PURSUANT TO THE PROGRAM; AUTHORIZING THE CONTRACTING FOR SERVICING THE MORTGAGE LOAI4S AND FOR PROGRAM ADMINISTRATION SERVICES PURSU?INT TO THE PROGRAM; AUTHORIZING THE EXECUTION OF A JOINT POWERS AGREEMENT FOR THE ISSUANCE OF THE BONDS;, APPROVING A PRELIMINARY OFFICIAL STATEMENT AND A FORM OF FINAL OFFICIAL STATEMENT AND PROVIDING FOR THE SECURITIES, RIGHTS, AND R EMED IE S O THE HOLD OF S ?1ID REVENU B ONDS. WHEREAS, the City of Brooklyn Center, Minnesota (the "City ") is a home rule charter city duly organized and existing under the Constitution and laws of the State of Minnesota; and ITP REAS, the City, together with the City of Moorhead, Minnesota, the City of Columbia Heights, Minnesota and The Housing and Redevelopment Authority in and for the City of Robbinsdale, Minnesota (collectively, the "Issuers "), desires to issue revenue bonds for the financing of housing within its boundaries; and WHEREAS, pursuant to the Constitution and laws of the State of Minnesota, particularly Mi nnesota Statutes Chapter 462C, as amended (the "Act ") and Minnesota Statutes Section 471.59 (the "Joint Powers Act "), the Issuers are authorized to jointly carry out the public purposes described therein and contemplated thereby in the financing of housing within each of their boundaries, by acquiring home mort- gage loans (the "Mortgage Loans "), by issuing revenue bonds ' RESO7, "MON NO. to carry out such financing and by pledging the Mortgage Loans and any agreements made in connection therewith as security for the payment of the principal of and interest on any such revenue bonds (the "Program "); and WHEREAS, the City developed a Housing plan pursuant to and in conformity with the Act and on September 20, 1922, held a public hearing thereon after, one publication of notice in a newspaper circulating generally in the City; and 1111EIREAS, the Metropolitan Couricil reviewed - the Houslnr Plan on c.c ITT tr- _ _1.982, and forwarded its comments to the City, which comments were re v eAy the City on Novem 22, 11982 and incorporated into the Hou-sing Plan by Ana „_ _'. imcnt Number 1 to the Abusing Plan on such da4 and YI'l }.I:AS, th i:ngle Family Mortgage Revenue Bcnd A Progiam (the "v Gig 1 ?> _ °am” c�ar a se nar t sec �Y1"of` the Housing Plan for 'which filpU��n i?� o an , ~.sae of revenue bond: or obligations w proposed, was developed by the City c i,5 made a part of the Housing Play:; and WHEREAS, the Act re:,;uiros approval of the Housing Program by the Minnesota housing Finance Agency (the "Agency"), which approval was given on Se pte m ber 23, 1 and WHEREAS : P ursuant .to the Act, the State Housing Act, the Joint Powers h Act and the Indenture of Trust (the "Indenture "), dated December 29, 1982 between the Issuers and First Trust Company of Saint. Paul, Saint Patel, Minnesota/ / the - Irf°rustee "), the Issuers propose to undertake th'e Program, and for the financing thereof, to authorize, 'issue and sell jointly, the Single Family Mortgage Revenue 'Bonds, 1982 in the aggregate principal amount of $31',758,000, payable. solely from the revenues of the Program (the "Bonds "); and WHEREAS, the Program will be administered and the Mortgage Loans serviced on behalf of the Issuers and the Trustee by Banco Mortgage Company, an RE'SOLU`T`:COPv NO. Iowa corporation (the "Prog=ram Administrator ") pursuant to a Program Administration and Servicing Agreement (the "Program Administration Agreement ") by and between the Issuers, the Trustee and the Prograrri Administrator, and the Mortgage LLopn_s will be originated and sold to the Issuers by various le.ding institutions (the "Originators ") pursuant to Mortgage Origination a. kl Sale Agreements (the "Origination Agreements ") - by and among each Origi nator, the Issuers, the Program Administrator, and accepted by the Trustee and pursuant to Builder - Developer Commitment Agreements by and among the Builder -- Developers, the Originators, and the various Issuers (the "Builder- Developer Commitment Agreements "); and said agreements (collectively the "a�b:menfsr') will be duly executed by the parties thereto; and WHEREAS, neither the City= nor any of the Issuers nor the State of Minnesota or any political subdivision thereof (other than the City) shall be liable on the Bonds, and the Bonds shall not be a debt of the City, the Issuers, the State of Minnesota, or any political subdivision thereof (other than the City), and in any event shall not give rise to a charge against the general credit or taxing power of the City, the Issuers, the State of Minnesota, or any political subdivision thereof (including without limitation the City), and shall not be payable out of any funds or properties other than those of the City provided as security by the Indenture; NOVA', THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER, MIN- NESOTA, THAT: Section 1. The City Council of the City acknowledges, Minds, determines and declares that the preservation of the quality of life in the City is dependent t upon the maintenance, provision, and preservation of an adequate housing stock, �• that accomplishing this is a public purpose, and that many would -be purchasers or' RESOLUTT.ON NO. providers of housing units in the City are either unable to afford mortgage credit at present market rates of interest or are unable to obtain mortgage credit because the mortgage credit market is severely restrici��d. Section 2. The City Council of the City further finds, determines, and declare that the purpose of the Program is to purchase Mortgage Loans made to finance the purchase of owner - occupied, single- family housing waits located vanywhe within the boundaries of t_he Cite, for occupan � 7 primarily by persons of low and moderate income. Section 3 . For the purpose of financing the Program there is hereby authorized the L uance of $3-L Single F amily Mortgage Reven - ue Doneus, S,crias 19,82 (the "Bonds") issued jointly with the City of Moorhead, Mhipesota, the City of Columbia Hei bts, Minnesota aged The Housing and Redevelopment Authority in and for the (ty of Robbinsda.le, pJzinnesota. The Bonds shall bear interest at such rates, sh U be in such denomination, shall be numbere1A, she be dated, shall mature, shall be subject to redemption prior to maturity, shall be in such form, and shall have such other details and provisions as are prescribed by i-he Indenture and the Official Statement hereinafter referred to. Section 4.. The Bonds shall be special obligations of the Issuers payable solely from the revenues of the Program, in the manner provided in the 'Indenture. The City Council of the City hereby authorizes and directs the Mayor of the City (thee "Mayor "), the Citv M of the Citv (the "Cit Mana and the City Clerk of the City (the.' °Clerk "} to execute, under the corporate seal of the City, the Indenture by, and between the Issuers and the Trustee, and to deliver to said Trustee the Indenture, and hereby authorizes and directs the .execution of the Bonds in accordance with the Indenture, and hereby provides that the Indenture shall provide the terms and conditions, covenants, rights, obligations, duties, and agreements of the bondholders, the Issuers, and the Trustee as set forth therein. A RESOLUTION NO. All of the provisions of the Indenture, when executed as authorized herein, shall be deerned to be a pas t of this resolution fully and to the same extent as if incorporated verbatim herein and 'shall ll be in fu l force anti. eff eet from the date of execution and delivery thereof. The Indenture shall be substantially in the form on file with this City Council on the date hereof, and is hereby approved, with such necessary and appropriate vari,- Lions, omissions, and insertions as are not . ;teriz-Lly inconsistent with such form and as the i�iayoi, in his disLretion, stigill d, ter Irvine; provided that the execution thereof by the Mayor shall be conclusive. evidence of such determination. `ee ti.o7� 5 . The Nayor,.Cit�irr anc the Cl€ri: are hreby authorized and directed to execute and deliver the Bond Purc'. A�e enethe " Aireensr.ntll) from Miller and Schroeder Municipals, :n;orpofated (the �'tlricier F:Tritpr "). All of the provisions of th .. Underwriting Ar ement, when executed and delivered as authorized herein, shall 1> deemed to be s part of this resolution as fully and to the same extent as if incorporated verbatim herein and shvll be in full force and effect form the date of execution and delivery thereof. The Underwriting Agreement shall be substantially in the form on file with this City Council on the date hereof, and is hereby approved, with such necessary and appropriate variations, omissions, and insertions as are not materially inconsistent with such form and as the Mayor, in his discretion, shall determine; ,provided that the execution thereof by the Mayor shall be conclusive evidence of such determination. Section 6 . The Mayor, Cit�T �� nd Clerk are hereby authorized and directed to execute and deliver the Origination Agreements' with all of the mortgage lending institutions which delivered executed Origination Agreements to the Issuers in accordance with the instructions of the Issuers and, when executed _g_ RESOLUTION NO. and delivered as authorized herein, the Origination Agreements shall be deemed to f, e a part of this resolution as fully ami to the same extent as if incorporated verbatim herein and shall be in full force and effect from the date of execution and III dr.livery thereof. The Orig Agreements shall be substantially in the form on file with tInis City Council on the date hereof, which is here. }y approved, vAth sucli 4 ^5 c95 a.i PifJt T1£. nn cono : s'ent T #: Cf'� ° r y V aea 1 i«5. or, ioiia, u 2iaS�i �rGi d• ` d with such form and as the lvlayor, in his discretion, shall deterrrnine; provided that tape eKr .c iof� ther�:of by the Mayor shall be .co- ,clusive evidence of such determin-ation. The M ayor, Qily__rI Land Clerk are hereby autho ize -d and directed to e� ;cute and accept the Builder - Developer Commitment Agreements with all of the l 1. ld€x- Develope J and Originators Wx delivered executed guilder--Developer C minitmernt Agreements to the City in accordan ce with the instructions of the Cite and, when executed and delivered as authorized '..erein, the Euilder- °Developer Commitment Agreements shell be deemed to be a part of this resolution. as ful] and to the some extent as if incorporated verbatim herein and shall be in full force and effect from the date of execution and delivery thereof. The Builder- Developer Commitment Agreements shall be substantially in the form on fie with this City Council on the date hereof, and is hereby approved, with such necessary variations, omissions, and 'insertions as are not materially inconsistent with such form and as the Mayor, in his discretion, shall determine; provided that the execution thereof. by the Mayor shall be conclusive evidence of such determination. Section 7 . The Mayor, City Manager and Clerk are hereby authorized and directed to execute and deliver the Program Administration Agreement and, 'wheni executed and delivered as authorized herein, the Program Administration Agreement shall be deemed to be a part of this resolution as fully and to the same -7- . FItSOLUTION 110. , as if incorporated verbatim herein and shall be in full force and effect from the date of execution and delivery thereof. The Prof .ram Administration x Agreement shall be substantially in the form ors file with this City Council on the date hereof, and is hereby app -c ved, with such necessary variations, omissions, and insertions as are not materially incorIwistent with such form and as the Mayor, in his discretion, shall determiner provided that the execution thereof by the Mayor n; -0.1 be conclusive e:idenee of such dete?, ruination. Sic -tion H. The Mayor, s�ity _��."� and Clerk are hereby authorized and t i ecte�, to execute and deliver the Joint Powers Agreement between and amon the Ir'uers, provit alg for a joint housin program and the joint issuance of the 1 �n 4s, ar;d, when executed and dcliv( red as authorized herein, the Joint PowC.'I's Agreement shall be deemed to be a part of this resolution as ftSlly and to the s?.me extent as if incorporated hereir4, and sha11 t.,e in full force and effect from the date of cxecuticn and delivery thereof. The Joint P;)wers Agreement shall be su�tantially1 in the form which is on - file with this City Council, which is hereby ,� approved, with. such necessary and appropriate variations, omissions and insertion' as are not materially inconsistent with such form and as the Mayor, in his discretion, hall determine.; provided that the execution thereof by the Mayor shall be conclusive evidence of such determination. Section 9 . The City Council of the City hereby approves the Investment Agreement to be executed by= the Trustee and The First National Bank of Saint Paul, providing for the investment of moneys held by the Trustee, and when executed and delivered as authorized herein, the Investment Agreement shall be deemed to be a part of this resolution as fully and to the same extent as if y incorporated herein. The Investment Agreement shall be substantially in the'form x which is on file with this City Council, which is hereby approved, with such i necessary and appropriate variations, omissions and insertions as are not materially inconsistent with such form and as the Mayor, in his discretion, shall determine. . -8- RE'SOLU` ION NO. Section 10. The City Council of the City hereby approves the Letter of Credit to be. executed and delivered on behalf of the 'Underwriter by The First, National Bank of Saint Paul ,to the 'Trustee (and accompanying documents), and, wj exec— uted and delivered as authorized herein, the Letter of Credit shall be 1' t 1. v �• 11. d l v'a a n' a i f deemed to be a part o ts:}S r�"-:as):.tic_ic au ru � Si 0 t sanne e�.te i1 •pori.Ae.d herein. a;°.v seater of Credit. shall be substantially in the fornri which is on file with this City Council which is hereby approved, with such necessary and approp date variations, omissions and insertions as are not materially inconsistent , with sv m h farm and as the Mayor, in his discretioli, shr-1 determine. Sp.ction 11. All covena.rits, stipu at.ions, obligations, representations, and agreements of the City contained in this resolution or contained in the Indenture or other documents referred to above shp,?1 be deemed to be the; covenants, stipulations, obligations, representations, and agreements of the City to the full • extent authorized or permitted by law, and all such covenants, stipulations, obligations, representations, and agreements shall be binding upon the City. Except as otherwise provided in this resolution, all rights, powers, and privileges conferred, and duties and liabilities imposed, upon the City or the City Council members thereof by the provisions of this resolution or of the Indenture or other documents referred to above shall be exercised or performed by the City, or by such members, officers, board, body, or agency as may be required or authorized by law to exercise such powers and to perform such duties. No covenant, stipulation, obligation, representation, or agreement herein contained or -contained in the Indenture or other documents referred to above shall be deemed to tfe a covenant, stipulation, obligation, representation, or agreement of any officer, agent, or t employee of the City in that person's individual capacity, and neither the members City Council of the nor any officer or employee executing the Bonds shall be -9- RESOLUTTQH NO. liable personally on the Bonds or be subject to any personal Inability or ,, I ility.by r °easor) of the issuance tl°�erecf. Section 12 . PXcept as herein otherwise expressly provided, nothing in this resolution or in the Indenture) express-d or imp?ied, is intended or shall be construed to core er upon any person, firm, or corporation other._ than. the City, the lolce of Bond, an d ti.v `1'rutee ar;3 riht, remedy, or. claim, lei;al or under and by reason of this resohit 1 or any provision hereof or of ttle Indenture or any provision thereof, this;. resolution, the indenture and all of their ?rev? U -'. ' intended to be and bean for t} soli std £ ° >i 1L'Sbve't> 12E'fIt of thy' f: yir y and the holders from time to time of the Bonds issued under the provisions of thiL resolutiori and the Indenture. Ser!t : 13. In case any one or more of the provisions of this resolution or of the Indenture or of the Bonds isSuCd hereunder s.�a l for any reason be held to be illegal or invalid, such illegality or invalidity shall not affect any other Provision of ~ this resolution or of the Indentur e or of the Bonds, but this resolution, the Indenture, and the Bonds shall be construed as if such illegal or invalid provision had not been contained therein. The terms and conditions set forth in the Indenture, the pledge of revenues derived from the Program referred to in the Indenture, the pledge of collateral derived from the Program referred to in the - : Indenture, the creation of the funds provided for in the Indenture, the provisions relating to the application of the proceeds derived from the sale of the Bonds pursuant to and under the Indenture, and the application of said revenues, - collateral, and other monies are all commitments, obligations, and agreements on the part of the City contained in the Indenture, and the invalidity of the Indenture . shall not affect the commitments, obligations, and agreements on the part of the t City to create such funds and to apply said revenues, other monies, and proceeds of I:LSOLUTION NO. the Bonds for the purposes, An the marmer, and according to the terms and conditions fixed in the Indenture, it bcirq the intention hereof that such calnrr,itments on the part of the City are as binding as if contained in this resolution separate and apart frorn the Indenture. Section 14. All acts, , ,.onditions, a.nd things required by the laws of the State of M ',�1nesota, rela6rig to the adoption of this resolution, to the issuance of the Bones, and to the eYxecution of the In ,:,ature and the other doculner, "Is referred to ` t.bovle to happen, exist, and be performed precedent to and in the enactment of 'this re.,,tion., and preced t� Bonds the issuance of the onds and prece6en s� t to the execution of the Indentui•e and the other documents referred to above have hepp`:5ned, exist, and have been perfu"Irned g so required by law. Section 15. The City Council of the City, officers of the City, and attorneys and other agents or emLloyees of the City are hereby autlsorized to do 1111 acts and things required of them by or in connection with this resolution and the Indcnture and the other documents referred to above for the full, punctual, and corgi rp,ete performance of all the terms, covenants, and agreements contained in the Bonds, the Indenture and the other documents referred to above, and this resolution. Section 1£ . The City hereby approves the Preliminary Official Statement, dated December 10, 1982, relating to the Bonds, and ratifies the distribution thereof by the Underwriter. The City hereby approves the form and authorizes the - use by the Underwriter in connection with the sale of the Bonds of the Final . Official Statement, and hereby authorizes and directs the Mayor to execute and-". deliver copies thereof to the Underwriter; provided that the Mayor may approve such variations, omissions, and insertions as are not materially inconsistent with. the form on file with this City Council on the date hereof. The Preliminary kSOLUT1 CAN NO. Official. Statement and the. Final Official. Statement are the sole materials authorized by the City for use in connection with the offer and sale of the Ponds. S,sction 17. The Clerk and any de-slgnee of the Clerk of the City are hereby designated and authorized to execute the Offi'cer's Certificates, as defined in the lnd;2nture, and to take such other administrativ< action as is permitted or required by the Indenture, the Originatioai Agreements, the Program Administration Agree, '�-,nt, and the Joint Powers Ageeme nt• ion S. The I�l Mayor, Cit`�� Qn r and Clerk of the City �"� authorized and direct d to execute and deliver any an "'A a31 certificate's, agreements or other documents which are �re uired by the Indents r n, the Orin , tion Agreements, the . 'Underwr Ag reement reement car the Program AdrTunistration Agreement, or any other certi iCates or documents which are deemed necc:3sary by bond counsel to evidcrace the validity or enf'o.- cea.blYLy of the Bonds, tt�e Indenture or the c�tlrer docun tints referred to in this Resolution, or to evidc- 6,°:e compliance with Section 103A or Section 103(c) of the Internal Revenue Code, as amended; and all such agreements or representations when made shall be . deemed to be ageements or representations, as the case may be, of the City. sc, tion 19. If for any reason the Mayor of the City is unable to execute and deliver those documents referred to in this Resolution any other member of the City Council of the City may execute and deliver such documents with the same ' force and effect as if such documents were executed by the Mayor. If for any reason the City N1 'T'anag f r or Clerk of the City is unable to execute and deliver the documents referred to in this Resolution, such documents may be executed and delivered by any other member of the City Council with the same force and effect if such documents were executed and delivered by the City Manage or Clerk of r the City. S -12- IL-,'SOLUTION NO. Section 20. This resolution shall be in full force and effect from and after its passayn. Pate Mayor ATTEST: _ Clerk The motion for the adoption of the foregoing resolution was duly seconded by member , and upon vote being token thereon, the following voted in favor thereof: and the following voted against the same: whereupon said resolution was declared dilly passed and adopted. r i