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<br />i' , <br /> <br />(B) none of the proceedings or authority for the issuance, sale, <br />execution and delivery of the Bonds, the execution and delivery of the <br />Authority Agreements, or the execution and adoption of the Authority <br />Resolution has been repealed, modified, amended, revoked or rescinded; <br /> <br />(C) subsequent to June 30, 2003 and prior to Closing, there have <br />been no material adverse changes in the financial position of the <br />Authority; <br /> <br />(D) no event affecting the Authority has occurred since the date of <br />the Official Statement which either makes untrue or incorrect in any <br />rnaterial respect as of the Closing Date any statement or information <br />contained in the Official Statement or is not reflected in the Official <br />Statement but should be reflected therein in order to make the statements <br />and information therein not misleading in any material respect; and <br /> <br />(E) no litigation is pending or threatened (a) to restrain or enjoin <br />the issuance, sale or delivery of any of the Bonds, (b) in any way <br />contesting the Bonds, the Authority Resolution or the Authority <br />Agreements, (c) which may result in any material adverse change in the <br />business, properties, assets or the financial condition of the Authority or <br />which may have a material adverse effect on the ability of the Authority to <br />meet its obligations under the Authority Resolution or the Authority <br />Agreements, or (d) in any way contesting the existence or powers of the <br />Authority. <br /> <br />(xiii) A certificate or certificates, dated the date of the Closing and <br />signed by a duly authorized officer of the City, to the effect that: <br /> <br />(A) the representations and warranties of the City contained herein <br />are true and correct in all material respects on and as of the date of the <br />Closing as if made on the date of the Closing; <br /> <br />(B) none of the proceedings or authority for the execution and <br />delivery of the City Agreements or the adoption of the City Resolution has <br />been repealed, modified, amended, revoked or rescinded; <br /> <br />(C) subsequent to June 30, 2003 and prior to Closing, there have <br />been no material adverse changes in the financial position of the City; <br /> <br />(D) no event affecting the City has occurred since the date of the <br />Official Statement which either makes untrue or incorrect in any material <br />respect as of the Closing Date any statement or information contained in <br />the Official Statement or is not reflected in the Official Statement but <br />should be reflected therein in order to make the statements and <br />information therein not misleading in any rnaterial respect; and <br /> <br />15 <br />