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<br />2. The issuance and sale of said bonds shall be upon <br />such terms and conditions as may be mutually agreed upon by the <br />IDA, the Developer and the purchaser of said Bonds and shall be <br />issued by resolution of the IDA at a meeting duly held and <br />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 IDA does hereby find that the adoption of this <br />Resolution constitutes a substantial inducement to the <br />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 7th day of November <br /> <br />, 1983. <br /> <br />'<'h/~/ /' '<r <br />~'.'." "<':'./"/ /")-',..-<-:u_?-..t";;t:1'"~'M-{...<--'/"" <br />/."~ //' /' /--, / <br />RObeirt-r..uxembourge r, <br />Chairman <br /> <br />ATTEs'r: <br /> <br />1 <br />~~ __ -c :& ~__ <br />~ ice C. Guy, se~~ <br />DIRECTORS: <br /> <br />Luxembourger <br />Griset <br />Acosta <br />Bricken <br />Johnson <br />McGuigan <br />Young <br /> <br />ABSENT <br />AYE <br />AYE <br />AYE <br />AYE <br />AYE <br />AYE <br /> <br /> <br />Approved as to form: <br /> <br />..", <br /> <br />J <br /> <br />....; <br /> <br />J <br /> <br />.,J <br />