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<br />-.--.-,..-............................--------- <br />, <br /> <br />for the Project located at 2216 South Grand. SuCh.,J <br />authorization is for the purpose of inducing the Developer to <br />undertake to construct and develop the Project and, in <br />particular, to do so at such location. <br /> <br />2. The issuance and sal e of sa id bonds shall be upon J......... <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 />accompl ish successfully the financing. <br /> <br />4. The IDA does <br />Resolution constitutes <br />Developer to undertake its <br /> <br />hereby find that the adoption <br />a substantial inducement <br />Project within the City. <br /> <br />of this <br />to the <br /> <br />5. This Resolution shall take effect immediately upon <br />its passage and adoption. <br /> <br />ADO PH D, t his 21st day 0 f January <br /> <br />, 1985. <br /> <br />~ <br /> <br />'will <br /> <br />Daniel E. Griset <br />Chairman <br /> <br />ATTEST: <br /> <br />0,' Jyj{~ <br />(; nice C. Guy,;Secr rr-y <br />DIRECTORS: <br /> <br />Griset <br />Johnson <br />Ac 0 s t a <br />Hart <br />Luxembourger <br />McGuigan <br />Young <br /> <br />AYE <br />AYE <br />AB SENT <br />AYE <br />AYE <br />AYE <br />AYF <br /> <br />iffI6,,, <br /> <br />Legal Counsel <br /> <br />J <br /> <br />..,,;J <br />