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<br /> ( f) In authorizing the issuance of the Bonds <br /> pursuant to this Agreement, the City will make no <br /> warranty, either expressed or implied, that the proceed~, <br /> of the Bonds will be sufficient to pay all costs of the <br /> Project. <br /> 3. Undertakings on the Part of the User. The User <br />agrees as follows: <br /> ( a) The User will enter into a contract or con- <br /> tracts for the acquisition, construction, improvement <br /> and equipment of the Project. <br /> (b) Prior to the delivery of the Bond s , the User <br /> will enter into the Loan Agreement with the City under <br /> the terms of which the User will. obligate itself to <br /> complete the acquisition, construction, improvement and <br /> equipment of the Project, and to the extent not payable <br /> out of proceeds of the Bond s , to pay to the City sums <br /> sufficient in the aggreg ate to payor reimburse the City <br /> for all reasonable expenses incurred by it in connection <br /> with the authorization, issuance, and sale of the Bond s , <br /> including without limitation the reasonable expenses <br /> that the City deems necessary for attorneys' , account- <br /> ants' , and auditors' fees and expenses, and to make loan <br /> repayments sufficient to pay the principal of, premiums, <br /> if any, and interest on the Bond s as and when the same <br /> shall become due and payable, all fees and expenses of <br /> any trustee for the benefit of the holders of the Bonds <br /> incurred under any trust indenture, all utility charges, <br /> taxes, asses~ments, casualty and liability insurance <br /> premiums, and any other expenses or charges relating to <br /> the ownership, use, operation, maintenance, occupancy <br /> and upkeep of the Project, such Loan Ag reemen t to <br /> contain such other provisions as may be required by law <br /> and as shall be mutually acceptable to the City and the <br /> User. <br /> ( c) The User will take such further action and <br /> adopt such further proceedings as may be required to <br /> implement its aforesaid undertakings or as it may deem <br /> appropriate in pursuance thereof. <br /> 4. General Provisions. <br /> ( a) Prior to the issuance of the Bonds, there <br /> shall be a reasonable showing to the City Counc il that <br /> the User is capable and will remain capable 01 carrying <br /> out its financial obligation under the Loan Agreement. <br /> (b) All commitments of the City under Section 2 <br /> hereof, and of the User under Section 3 hereof, are <br /> subject to the condition that, on or before twenty-four <br /> - 15 - <br />