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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 7th day of November , 1983. <br />be uxembourger, ayor <br />ATTEST: <br />COUNCILMEMBERS., <br />Luxembourger Absent <br />Grisetyi—e <br />Acostayy— <br />Bricken Absent Approved as to form: <br />Johnson y� e <br />McGuigany-e <br />YoungY�� <br />Edward J, oope , <br />City Attorne <br />