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3. The proceeds of the Bonds shall include such <br />related and necessary issuance expenses, administrative <br />costs, debt service reserves and interest payments as may be <br />required to accomplish successfully the financing. <br /> <br /> 4. The City Council does hereby find that the <br />adoption of this Resolution constitutes a substantial <br />inducement to the Developer to undertake its Project within <br />the City. <br /> <br /> 5. This Resolution shall take effect immediately upon <br />its passage and adoption. <br /> <br />ADOPTED, this 2nd day of April , 1984. <br /> <br />ATTEST: <br /> <br />~b~rt Luxembourg~t, Mayor <br /> <br />COUNCI LMEMBERS: <br /> <br />the Council <br /> <br />Luxembourge r Aye <br />Griset Aye <br />Acosta Ave <br />Br i cke n Aye <br />Johnson Ave <br />McGu igan Aye <br />Young Aye <br /> <br />Approved as to form: <br /> <br />Edwar~/~. gooper, <br />City ArVey <br /> <br /> <br />