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<br />. <br /> <br />. <br /> <br />. <br /> <br />AIJG 1'12 '93 1'13: 42PM ffiRICK HERRINGTON LA <br /> <br />P.5/6 <br /> <br />'. <br /> <br />costs incurred in connection with the issuance, sale and delivery <br /> <br /> <br />of the Series 1993 Bonds, and with the refunding and defeasance <br /> <br />of the Refunded Bonds, is hereby approved. <br /> <br />Section 2. <br /> <br />The form of Indenture by and between the <br /> <br />Agency and the Trustee, on tile with the Secretary of the Agency <br /> <br />and inoorporated into this Resolution by reference, is hereby <br /> <br />approved. <br /> <br />The Bxecutive Director of the Agency is hereby <br /> <br />authorized and directed, for and in the name of and on behalf of <br /> <br /> <br />the Agency, to execute and deliver the rndenture in substantially <br /> <br />the fozm on file with the Secretary of the Agency, with such <br /> <br />additions or changes Or insertions thereto (including, without <br /> <br />limitation, any additions, changes or insertions that may be <br /> <br />necessary or appropriate if the Authority purchaees the Series <br /> <br />1993 Bonôs with proceeds of bonde issued by the Authority, and <br /> <br /> <br />such additions, changes or insertions as may be necessary or <br /> <br />appropriate to incorporate bond insurance, a reserve fund surety <br /> <br /> <br />or the Derivative Products) which the Executive Director may <br /> <br />require or approve, such approval to be conclusively evidenced by <br /> <br />the execution and delivery of the Indenture; provided, however, <br /> <br />that such additions, change8 or insertions shall specify: <br /> <br />with <br /> <br />respect to the Series 1993 Bonds, a principal amount not in <br /> <br /> <br />excess of $47,000,000, an interest rate or rates not in excess of <br /> <br />seven percent (7') (or twelve percent (12t) if any Derivative <br /> <br /> <br />Products are used), and a final maturity not later than <br /> <br />September 1, 2019. <br /> <br />1A1-$22:I8.1 <br /> <br />4 <br /> <br />_wwa-DIIO2I93 <br />