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<br />resolution is adopted for the purpose of compliance with the requirements of Section 1.150-2 of Federal <br />Treasury Regulations. This part of the resolution does not bind the City to make any expenditure, incur any <br />indebtedness, or proceed with the purchase of the Property. <br /> <br />PART 7. This Resolution shall be in full force and effect from and after its passage. <br /> <br />ADOPTED on <br /> <br />June 26, 2001. <br /> <br /> <br /> <br />C:\TEMP\lease-purchase K.doc <br />