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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 /> <br /> 4. The City Council does hereby find that the adoption <br />of this Resolution constitutes a substantial inducement to <br />the Developer to undertake its Project within the City. <br /> <br /> 5. This Resolution shall take effect immediately upon <br />its passage and adoption. <br /> <br />ADOPTED, this ]Sth day of April <br /> <br />, 1984. <br /> <br />Daniel E. Griset, Mayor <br /> <br />ATTEST: <br /> <br />Griset <br />Johnson <br />Acosta <br />Ha r t <br />Luxembourger <br />M c Gu ig a n <br />Young <br /> <br />Council <br /> <br />Approved as to form: <br />~C~Ad~t tJo~ C~° er. <br /> <br /> <br />