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ARTICLE I <br /> <br />AUTHORIZATION OF NOTE; DEFINITIONS <br /> <br /> Section 1.O1. Authorization. The City Council has reviewed all <br />proceedings heretofore taken and has found, as a result of such review, and <br />hereby finds and determines, that all things, conditions and acts required by <br />law to exist, happen or be performed precedent to and in connection with the <br />issuance of the Note do exist, have happened and have been performed in due <br />time, form and manner as required by law, and the City is now duly empowered, <br />pursuant to each and every requirement of law, to issue the Note in the manner <br />and form provided in this Resolution. <br /> <br /> Section 1.02. Definitions. Unless the context otherwise requires, the <br />terms defined in subsections (al through (z), inclusive, of this Section 1.02 <br />shall, for all purposes of this Resolution, of any resolution supplemental <br />hereto, and of any certificate, opinion or other document herein mentioned, <br />have the meanings herein specified. <br /> <br /> (al Agreement. "Agreement" means that certain agreement, entitled <br />"Loan and Security Agreement", dated as of April l, 1982, by and among the <br />City, the Bank and the Participating Party. <br /> <br />(b) Bank. "Bank" means The Mitsubishi Bank of California, the <br />purchaser of the Note. <br /> <br /> (c) Certificate of the City, Written Request of the City. <br />"Certificate of the City" and "Written Request of the City" mean, <br />respectively, a written certificate or request signed in the name of the City <br />by the City Manager or the City Clerk or such other person as may be <br />designated and authorized to sign for the City, with the seal of the City <br />affixed. Any such instrument and supporting opinions or representations, if <br />any, may, but need not, be combined in a single instrument with any other <br />instrument, opinion or representation, and the two or more combined shall be <br />read and construed as a single instrument. <br /> <br /> (d) City. "City" means the City of Santa Aha, a chartered city of <br />the State of Ca(ifornia duly organized and existing under and by virtue of the <br />constitution of said state. <br /> <br />(el City Council. "City Council" means the City Council of the <br /> <br />City. <br /> <br /> (fl Construction Fund. "Construction Fund" means the fund by that <br />name created pursuant to Section 3.03 hereof. <br /> <br /> (g) Costs of the Project. "Costs of the Project" has the meaning <br />given such term in Section 5.02 of the Agreement. <br /> <br />2 <br /> <br /> <br />