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approved by the Commissioner will be paid by the Company. The <br />exact amount of Bonds shall be determined prior to further <br />~3esolution on said subject, after consultation by the City and <br />the Company with Briggs and Morgan, Professional Association, <br />Bond Counsel, Piper, Jaffray & Hopwood, Incorporated, <br />investment bankers, and the City Attorney.' <br /> <br /> 5. Briggs and Morgan, Professional Association, and <br />Piper, Jaffray & Hopwood, .Incorporated, are authorized to <br />assist in the preparation and review of necessary documents <br />relating to the Project, and to consult with the City's fiscal <br />con~uitant, the City Attorney, and representatives of the <br />Company and the purchasers of the Bonds and any Interim Bonds <br />as to the maturlties, interst rates and other terms and <br />provisions of the Bonds and any Interim Bonds and the covenants <br />and other provisions of the necessary documents and to submit <br />such documents to the City Council for final approval; <br /> <br /> 6. Nothing in this resolution or in the .documents <br />prepared hereto shall authorize the expenditure of any City <br />funds on the Project other than the revenues desired therefrom <br />or the proceeds of the Bonds and any'interim notes or other <br />funds properly available to the City for this purpose. Neither <br />the Bonds nor any Interim Bonds shall constitute a charge, lien <br />or encumbrance, legal or equitable, upon any property or funds <br />of the City except the revenues pledged to the payment thereof <br />nor shall the City be subject to any liability thereon. No <br />ho]der of any Bond or Interim Bonds shall ever have the right <br />to compel any exercise of the taxing power of the City to pay <br />any such Bond or interim note or the interest thereon, nor to <br />enforce payment thereof against any property of the City. Each <br />Bond or Interim Bonds, including interest thereon, is payable <br />solely from the revenues pledged to the payment thereof. No <br />Bond or Interim Bonds issued hereunder shall constitute a debt <br />of the City within the meaning of any constitutional or <br />statutory limitation; <br /> <br /> 7. In anticipation of the approval by the c6mmis- <br />sioner of Securities and the issuance of the Bonds to finance <br />all or a portion of the Project, and in order that completion <br />of the Project will not be unduly delayed when approved, the <br />Company is hereby authorized to make such expenditures and <br />advances toward payment of that portion of the costs of the <br />project to be financed from the proceeds of the Bonds or <br />Interim Bonds as the Company considers necessary, including <br /> <br /> <br />