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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 6th ~ay of August , 1984. <br /> <br />ATTEST: <br /> <br />~6be~/~u~embourge r, ~yor <br /> <br />~nide C. Guy, C]/erk ~/~he Council <br />COUNCI LME MBERS .' <br /> <br />Luxembourger Aye <br />Griset Aye <br />Acosta Aye <br />Bricken Aye <br />Johnson A~ <br />McGuigan <br />Young Aye <br /> <br /> Approved as to form: <br />Edwar~~oper, <br />City At~y <br /> <br /> <br />