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<br />\. Payment of the principal of, any redemption premium and the <br /> <br /> <br />interest on the Bonds shall be made solely from the revenues <br /> <br />to be received by the Authority pursuant to the Agreement, <br /> <br />l <br /> <br />and said Bonds shall not be deemed to constitute a debt or <br /> <br />liability of the Authority or the City of Santa Ana. <br /> <br />Section 7: subject to compliance with Section 91531 <br /> <br />of the Act, the Chairman and Vice Chairman be, and each of <br /> <br />them, acting alone, are hereby authorized and directed to <br /> <br />execute the Bonds, in the name and on behalf of the Authority <br /> <br />and the Secretary and the Assistant Secretary be and each of <br /> <br /> <br />them, acting alone, hereby is authorized and empowered to <br /> <br />attest the Bonds, in the principal amount not to exceed <br /> <br />\. $1,000,000 in accordance with the Indenture and in the form <br /> <br />set forth in the Indenture; the Bonds shall bear interest at <br /> <br />the rate set forth in, or established pursuant to the method <br /> <br />set forth in, the Indenture, which is hereby approved. <br /> <br />Section 8: The Bonds, when so executed, shall be <br /> <br />delivered to the Trustee (or its authorized agent) for authen- <br /> <br />tication by the Trustee (or its authorized agent) pursuant to <br /> <br />the terms of the Indenture. The Trustee (or its authorized <br /> <br />I <br />~ <br /> <br />yagent) is hereby requested and directed to authenticate the <br /> <br />Bonds so delivered by executing the Certificate of Authentica- <br /> <br />tion appearing thereon, and to deliver the Bonds, when duly <br /> <br />"" <br /> <br />7 <br /> <br />---"- ------. --- ._~~_...- <br /> <br />---- -..-." -..--- _._._----~------~-~.--~_._.-._----_.- <br />