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Section 7. The City agrees to provide to the Original Purchaser within seven business days of the <br />date of sale of the Certificates or within sufficient time to accompany any confirmation that requests <br />payment from any customer of the Original Purchaser, whichever is earlier, sufficient copies of the final <br />Official Statement to enable the Original Purchaser to comply with the requirements of <br />Rule 15c2-12(b)(4) of the Securities and Exchange Commission and with the requirements of Rule G-32 <br />of the Municipal Securities Rulemaking Board. <br /> <br /> Section 8. The Director of Finance is hereby authorized and directed to take such action as may <br />be necessary to purchase insurance with respect to the Certificates if determined to be in the best <br />economic interest of the City. <br /> <br /> Section 9. The Mayor, the City Manager, the Director of Finance and the City Clerk and other <br />officers and representatives of the City are hereby authorized and directed to take such other action as <br />may be necessary or convenient to carry out the public sale of the Certificates. <br /> <br /> Section 10. This Resolution shall be in full force and effect from and after its passage by the City <br />Council and approval by the Mayor. <br /> <br /> PASSED by the City Council and APPROVED by the Mayor of the City of University City, <br />Missouri on this 20th day of October, 2003. <br /> <br />(SEAL) <br />A jr[TEST: <br /> <br />~/ty Clerk -v- x_ -- '(,j, <br /> <br />-2- <br /> <br /> <br />