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Resolution No. 89-429 <br /> <br /> consultation with the Finance Director and bond <br /> counsel to the City (including such additions or <br /> changes as are necessary or advisable in accordance <br /> with Section 10, provided that no additions or <br /> changes shall authorize an aggregate principal <br /> amount of Bonds in excess of $8,160,000, result in <br /> an initial true interest cost on the Bonds in <br /> excess of 10% per annum or result in an <br /> underwriter's discount in excess of 3% of the <br /> aggregate principal amount of the Bonds), the <br /> approval of such additions or changes to be <br /> conclusively evidenced by the execution and <br /> delivery of said Indenture. The date, maturity <br /> date, interest rate or rates, interest payment <br /> dates, denominations, form, registration <br /> privileges, manner of execution, place of payment, <br /> terms of redemption, including the right of <br /> bondholders to tender their Bonds for repurchase, <br /> and other terms of the Bonds shall be as provided <br /> in the Indenture as finally executed. <br /> <br />Section 4: The proposed form of loan agreement relating to <br /> the Bonds (the "Loan Agreement") among the City, <br /> the Trustee and the Owner, in substantially the <br /> form presented to this meeting, is hereby approved. <br /> The Designated Officers of the City are, and each <br /> of them is, hereby authorized and directed, for and <br /> in the name and on behalf of the City, to execute <br /> and deliver the Loan Agreement in substantially <br /> said form, with such additions thereto or changes <br /> therein as are recommended or approved by such <br /> officers upon consultation with the Finance <br /> Director and bond counsel to the City including <br /> such additions or changes as are necessary or <br /> advisable in accordance with Section 10, the <br /> approval of such additions or changes to be <br /> conclusively evidenced by the execution and <br /> delivery of said Loan Agreement. <br /> <br />Section 5: The proposed form of regulatory agreement <br /> relating to the Bonds (the "Regulatory Agreement"), <br /> among the City, the Trustee and the Owner, in <br /> substantially the form presented to this meeting, <br /> is hereby approved. The Designated Officers of the <br /> City are, and each of them is, hereby authorized <br /> and directed for and in the name of and on behalf <br /> of the City, to execute and deliver the Regulatory <br /> Agreement in substantially said form, with such <br /> additions thereto or changes therein as are <br /> recommended or approved by such officers upon <br /> consultation with the Finance Director and bond <br /> counsel to the City including such additions or <br /> changes as are necessary or advisable in accordance <br /> with Section 10, the approval of such changes to be <br /> <br /> - 3- <br /> <br /> <br />