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therein, the Borrower, or the Borrower's management, operations, organization, history or financial condition, relating in any way to the Original Purchaser, or relating in any way to the providers of credit enhancement securing the Bonds. Section 7. Arbitrage and Information Reporting Provisions. The Issuer covenants that it will restrict, or will require the Borrower to restrict, the use of the proceeds of the Series 2000 Bonds in such manner and to such extent as may be necessary so that the Series 2000 Bonds will not constitute arbitrage bonds under Section 148 of the Code, after taking into account reasonable expectations at the time of the delivery of and payment for the Series 2000 Bonds. The Mayor and/or the Director of Finance or any other officer having responsibility for issuing the Series 21300 Bonds shall (i) enter into a Tax Regulatory Agreement with the Borrower and the Trustee for inclusion in the transcript of proceedings for the Series 2000 Bonds setting forth the reasonable expectations of the Issuer and the Borrower regarding the amount and use of the proceeds of the Series 2000 Bonds and the facts, estimates and circumstances on which they are based and other facts and circumstances relevant to the tax treatment of interest on the Series 2000 Bonds, as provided by the Borrower, all as of the date of delivery of and payment for the Series 2000 Bonds; and (ii) provide the statement setting forth the information required by Section 149(e) of the Code, which shall be based on the relevant information provided by the Borrower. The Issuer covenants that it (i) will take, or require to be taken, all actions that may be required of it for the interest on the Series 2000 Bonds to be and remain excluded from gross income of the registered owners thereof for federal income tax purposes, and (ii) will not take or authorize to be taken any actions that would adversely affect that exclusion under the provisions of the Code. The Mayor and/or the Director of Finance and other appropriate officers are hereby authorized and directed to take any and all actions and make or give reports and certifications, as may be appropriate to assure such exclusion of that interest. Section 8. Allthorization of Agreement. Indenture. Bond Purchase Agreement and All Other Documents to be Executed by the Issuer. In order to better secure the payment of the principal of, premium, if any, and interest on the Series 2000 Bonds as the same shall become due and payable, and to provide for the financing of the Project, the Mayor and the Director of Finance are authorized and directed to execute, acknowledge and deliver, in the name and on behalf of the Issuer, the Agreement, the Indenture, the Bond Purchase Agreement (collectively, the "Basic Documents"), in substantially the forms submitted to and now on file with the Issuer which are hereby approved, with such changes therein not inconsistent with this Bond Legislation and not substantially adverse to the Issuer as may be permitted by the Act and approved by the officers executing the same on behalf of the Issuer. The approval of such changes by such officers, and that such are not substantially adverse to the Issuer, shall be conclusively evidenced by the execution of the Basic Documents by such officers. The Mayor, the Director of Finance, the Director of Law, the Clerk and other appropriate officials of the Issuer are each separately authorized to take any and all actions and to execute such financing statements, assignments, certificates and other instruments that may be necessary or appropriate in the opinion of bond counsel, in order to effect the issuance of the Series 2000 Bonds, the financing of the Project and the intent of this Bond Legislation. The Clerk or other