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Section 5 . Harper , McLean & Company, Seattle, Washington, <br /> has submitted a written offer to purchase the Notes (the <br /> "Purchase Offer" ) under the terms and conditions provided in the <br /> Purchase Offer, which is on file with the City Clerk, the City <br /> to furnish the printed or typewritten notes and the approving <br /> legal opinion of Roberts & Shefelman, municipal bond counsel of <br /> Seattle, Washington, at the City ' s expense . Bond counsel shall <br /> not be required to review or express any opinion concerning the <br /> completeness or accuracy of any official statement, offering <br /> circular or other sales material issued or used in connection <br /> with the Notes, and bond counsel ' s opinion shall so state. The <br /> City Council , deeming that it is in the best interest of the <br /> City that such offer be accepted, accepts the same . The Notes, <br /> therefore, immediately upon their execution, shall be delivered <br /> to Harper, McLean & Company, Seattle, Washington, upon payment <br /> therefor in accordance with the Purchase officer . <br /> The principal proceeds received from the sale of the Notes <br /> shall be paid into the Note Fund and used to pay a part of the <br /> costs of the improvements ordered to be carried out by Ordinance <br /> No . 1178-85 . <br /> Mayor <br /> ATTEST: <br /> i <br /> ..i �.. <br /> City Clerk <br /> PASSED: /.„ —/F <br /> VALID: 4c,,.? 8 _e -- <br /> PUBLISHED: 4,3 -,=.26 <br /> 0461e <br /> - 4 - <br />