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Section 7. The Authorized Representative or his or her designee is hereby requested and authorized to (i) file a copy of this Resolution and the Application with the Clerk of the City, and (ii) file such information with the California Industrial Development Financing Advisory Commission as may be required for the review and approval of the Project pursuant to Section 91531 of the Act. Publication of the notice of the filing of the Application by the Applicant in accordance with Section 91530( e) of the Act in a newspaper of general circulation within the City on August 3, 2007 is hereby approved, confirmed and ratified. Section 8. The Authorized Representative or duly appointed designee is hereby requested to conduct a public hearing with respect to the financing of the Project for the purpose of satisfying the public approval requirements of Section 147(f) of the Internal Revenue Code of 1986. Publication of the notice of such public hearing in a newspaper of general circulation within the City on August 3, 2007 is hereby approved, confirmed and ratified. Section 9. The Authorized Representative or duly appointed designee, on behalf of the Authority, are authorized to execute all documents, certificates, and instruments necessary or appropriate to this transaction and undertaking the issuance of the Bond and entering into the Loan Agreement; provided, however that the issuance of the Bond will not be undertaken and the Loan Agreement shall not be entered into and delivered on behalf of the Authority until the California Industrial Development Financing Advisory Commission has made all necessary findings and determinations and given all necessary approvals as required by the Act. Section 10. Prior to execution of the Loan Agreement or Tax Regulatory Agreement, the Authorized Representative or duly appointed designee, on behalf of the Authority, shall approve in writing the final compensation being made to the financing team. Section 11. All actions heretofore taken by the officers and agents of the Authority with respect to the approval of the Bond and the loan of the proceeds to the Borrower are hereby approved, confirmed and ratified, and the officers of the Authority and their authorized designees, deputies and agents are each hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all certificates and documents which they, bond counsel, special tax counsel and the Authority Attorney may deem necessary or advisable, including but not limited to nonsubstantial changes as may be approved in form by the Authority Attorney and approved in content by the Executive Director, in order to consummate the issuance of the Bond and loan of the proceeds to the Borrower and otherwise to effectuate the purpose of this Resolution. Section 12. This Resolution shall take effect from and after its inception. ADOPTED this 20th day of AUQust 2007. Resolution No. 2007-002 Page 4 of 5