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2. The issuance and sale of said bonds shall be upon such <br />terms and conditions as may be mutually agreed upon by the City, <br />the Developer and the purchaser of said Bonds and shall be <br />issued by resolution of the City Council at a meeting duly held <br />and conducted for such purpose. <br /> <br /> 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 /> <br /> 4. The City Council <br />this Resolution constitues <br />Developer to undart~ake its <br /> <br />does hereby find that the <br />a substantial inducement <br />Project within the City. <br /> <br />adoption of <br />to the <br /> <br /> 5. This Resolution shall take effect immediately upon its <br />passage and adoption. <br /> <br />ADOPTED, this 21stday of January , 1985. <br /> <br />Daniel E. Griset, Mayor <br /> <br />ATTEST: <br /> <br />COUNCILMEMBERS: <br /> <br />Griset Ave <br />Johnson Aye <br />Acosta Absent <br />Hart Aye <br />Luxembourger Aye <br />McGugian Aye <br />Young Aye <br /> <br />Approved as to form: <br /> <br /> Ed a(d q. Aoo er, <br /> City'Att~-rfey <br /> <br /> <br />