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<br />Resolution 85-4IÞ <br /> <br />. <br /> <br />Page 2 <br /> <br />. <br /> <br />I <br /> <br />2. The issuance and sale of the Bonds shall be upon <br />such terms and conditions as may be mutually agreed upon by <br />the Authority, the Developers and the purchaser of said <br />Bonds and shall be authorized by resolution of the Authority <br />at a meeting duly held and conducted for such purpose. <br /> <br />3. <br />related and <br />costs, debt <br />required to <br /> <br />The proceeds of the Bonds shall include such <br />necessary issuance expenses, administrative <br />service reserves and interest payments as may be <br />accomplish successfully the financing. <br /> <br />. <br /> <br />to be <br />34292 <br /> <br />4. The Authority declares the issuance of the Bonds <br />an emergency matter within the meaning of Section <br />of the California Health and Safety Code. <br /> <br />ADOPTED, this 15th <br />1985, by the following vote: <br /> <br />day of <br /> <br />July <br /> <br />AYES: <br /> <br />5 <br /> <br />MEMBERS: <br /> <br />McGuigan, Griset, Johnson, Hart <br />and Young. <br /> <br />NOES: <br /> <br />0 <br /> <br />MEMBERS: <br /> <br />ABSENT: 2 MEMBERS: <br /> <br />ACOS~d <br /> <br /> <br />CHAIRMAN <br /> <br />Luxembourger. <br /> <br />. <br /> <br />ATTEST: <br /> <br />~~ <br /> <br />Executive Director of <br />Housing Authority <br /> <br />-" ~ <br /> <br />-' <br /> <br />'-'".-----~~'. <br /> <br />'c~ :~;,~;;~,~;,- '\, <br /> <br />5;- ",:<~ ~ ..~.:. '/ <br /> <br />~ ~,f~;'1;":~'&"'--~ \,:.~ ~ <br />- ~;.:?~ - <br />..(- ~ . <.- .. .~ ~ <br />~;:%~. ,,- ~/~~ <br />'';h~::~;;:c::=c:::e:::"\,:--(' <br />"~.~,;: ~ 'J~\.' <br />- , <br />._~._- <br /> <br />~ <br /> <br />APPROVED AS TO FORM <br /> <br /> <br />'--, <br /> <br />- <br /> <br />Authority <br /> <br />I <br /> <br />. <br /> <br />. <br />