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R3044RESOLUTION NO. 3044 A RESOLUTION, approving a Tax-Advantaged Financing Compliance Policy and Procedure for The Metropolitan St. Louis Sewer District. WHEREAS, the Internal Revenue Service has advised issuers of obligations, the interest on which is excludable from gross income for federal income tax purposes, to adopt separate written procedures for monitoring post-issuance federal tax requirements for such obligations. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE METROPOLITAN ST. LOUIS SEWER DISTRICT, AS FOLLOWS: Section One. Approval of Tax-Advantaged Financing Compliance Policy and Procedure. The Tax-Advantaged Financing Compliance Policy and Procedure in substantially the form attached hereto as Exhibit A is hereby approved. Section Two. Further Authority. The Board of Trustees of The Metropolitan St. Louis Sewer District (the “District”) hereby authorizes and empowers the officers and representatives of the District to do all such acts and things and to execute, acknowledge and deliver all such documents as may in their discretion be deemed necessary or desirable in order to carry out or comply with the terms and provisions of this Resolution in connection with the approval of the Tax-Advantaged Financing Compliance Policy and Procedure. All of the acts and undertakings of such officers and representatives that are in conformity with the intent and purposes of this Resolution, whether heretofore or hereafter taken or done, shall be and the same are hereby in all respects, ratified, confirmed and approved. Section Three. Effective Date. This Resolution shall be in full force and effect immediately upon its passage. The foregoing Resolution was adopted July 12, 2012 by the following vote – Ayes – J. Goffstein, J. Buford, D. Visintainer, R. Berry, and M. Yates. Nays – None. Secretary-Treasurer EXHIBIT A TAX-ADVANTAGED FINANCING COMPLIANCE POLICY AND PROCEDURE