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2 2. The approval of the issuance of the 2017 Refunding Bond does not constitute an endorsement to a prospective purchaser of the 2017 Refunding Bond of the creditworthiness of the Founda tion , and the 2017 Refunding Bond shall provide that neither the City nor the Authority shall be obligated to pay the 201 7 Refunding Bond or the interest thereon or other costs incident thereto except from the revenues and moneys pledged therefor, and neither the faith and credit nor the taxing power of the Commonwealth of Virginia nor any political subdivision thereof, including the City and the Authority, shall be pledged thereto. 3. This resolution shall take effect immediately upon its adoption. Approved by Council Ju ly 17, 2017 Clerk of Council