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3. The proceeds of the Bonds shall include such related <br />and necessary issuance expenses, administrative costs, debt <br />service reserves and interest payments as may be required to <br />accomplish successfully the financing. <br />4. The City Council does hereby find that the adoption <br />of this Resolution constitutes a substantial inducement to the <br />Developer to undertake its Project within the City. <br />5. This Resolution shall take effect immediately upon <br />its passage and adoption. <br />ADOPTED, this 10th day of October , 1983. <br />ert Luxembourger, Mayor <br />ATTEST: <br />Janice C. Guy, Clerk of the Council <br />COUNCILMEMBERS: <br />Luxembourger Ave <br />Griset Aye <br />Acosta Aye <br />Bricken Ave Approved as to form: <br />Johnson Aye <br />McGuigan Aye <br />Young Ave <br />E ward J oop r, <br />City Attorney <br />