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C I o.; 1 'I"IL;C of Lhc dc-signatc-di <br />dli�Lcrl-iiiles that eac .1%4ch proposal offf_'r,- LO <br />o 1: o �2,z L I <br />C C :.It L1.1(2 Z-1,ILL, Or Llliat as 01110i1g proposals the <br />I L r �2 S 1C r a I: e , e a c 0 1) c) s 3 1 0 fers t' e 1- ghCS t premium M, per dol 11ar iii <br />votes specified in such p 0-,)Osal, except that in the event that every pro- <br />to all or any part: ofL the 'Totes authorized by this Resolution specifieS a <br />CO be by the Government to the purchaser as compensation for the pi aCel ;ei.i: -,Moun' Of NloLes, then the- award of the Notes to whic'-, suc,,,-i <br />L <br />!)Ioposals is base(I on the lowest fee specified per dollar amount- of such <br />by L:,c- Govern=ment, Each proposal enumerated Belo :.-. �s hereby accepted <br />an�! said �,'Otes are hereby awarded to the purchaser as follows: <br />.Xone Of such Notes shall be valid until after the bank or trust co- <br />Mpany at I-,,hich it is <br />payable sha-11 have siisned the agreement., app:;aring-on each Note, to act as paying <br />a'ant theroof. Each such X. T <br />ote shall be executed in the name of the Local Issul.-;1�7 <br />J. <br />A,�,,_-ncy by th:, n ual or facsimile signature of the GItY SOU.-'h 711,�'. <br />y. and shall have the corp. orate seal of t, <br />ly Cie_ <br />in,-,,)):-,�,sscd iMprinted or ' -produced thereon and attested by the C1- C1 <br />�y - K I'V Ly <br />and said officers are hereby authorized and directed to cause said <br />Notes to be PrOPerlY executed. <br />scct5o;a 5. Each such Note shall. be in substantially the form of HUD-10010, which', <br />is 1`4e:,:cin by reference., and shall be secured by an agreement entitled <br />, <br />"R_-quisi 11-io.a A,­reex�_-nt 1,To. 1-1970 " (herein called the "Requisition Agreemen G <br />substa,Iti,,-Jl the form Of HUD-9003, i-,rhich is incorporated herein by reference, to be <br />entered illtO �bet-,Ween the Local Issuing Agency and the Government. <br />Section o'. The Raojuisition. Agreement shall be executed in the nwue of the Local <br />"ssuing A,,i <br />,�;n,(y loy the Dianuaaj or fL,.csjy .ajie k si�Tn_ ­ u ro of the <br />of the Local Issuing A,-ency and shall have the cox-porate seal of the Local Issuing <br />."E,A ency fruprerscd, imprinted or reproduced -hereon and attested by the <br />. L =y <br />the and said Officers are herby authorized and directed -,%-,0 -clu I se <br />Rcoui5ition A_ri•r.ecment to be PrOPerly executed. <br />Sect: <br />P" on 7. For the punctual pay;,,,ent of the principal of and interost on the New <br />the Local Issuing A.r_;ency hereby expressly and irrevocably promises to nay <br />2u:,,-.,s %,fhi&j ii,. y be received from 1k;1ra C0verrz,,,ent pursua�qt to the Requisition, A-reem_cr" <br />to Cuch Series of Project Notes and said A-reemont 1111en executed by the <br />is heieby declared to be and is hereby 0.ssiGncd by the Local Issuing A-Sency <br />for th _ bone-f`Ltl Of the holder or holders ' oyn to in7la of t, No <br />Ir 41 'w project 1,0, <br />"'M Ile u0 s. <br />All cor_t <br />::-Jbi2,-ftons, ds and amounts authorized or required by the Contract to be <br />U <br />Of Project Loan Notes (referred to in the Contract as <br />Loan "Advance !.Totes" Or "Pernmanent Notes") as issued in .10-Ject - <br />Y <br />wlith the Projccll- are hereby irrevocably <br />pledged to secure the payment of the <br />'_c' P- jecil- ed70ti'f3® <br />-a! 0 )-"^d interest to �!�curity on the lNew o <br />1H 127 1 <br />Tntcrest Rate <br />Premium <br />Purchaser <br />2he 717=t 1'1ational 3=1, <br />Bost`oTS amd john NznveczL <br />Co., '"Mc. <br />45 Hilk Street <br />1,03ton" D'Sn—'.0. 0 2 10, 3 <br />Sec. 4. <br />Each Note shall be dated Mlarch. 3 <br />U <br />, 1970 shall be payable <br />as to both <br />pl-inci-pal and interest <br />to bearer, on Soiz-c,7wbar <br />J. <br />2.1 1, 19 70 , and, <br />.Durzuant to <br />each proposal for the <br />purchase of said Rotes hereinabove accepted, shall <br />bear tha i-ate <br />of interest per annum, payable at z-)turity; shall bear the numbers and be <br />Jr the deno-minations; <br />and shall be <br />payable as to both principal and interest at the <br />incorPorated <br />bank having trust powers or incorporated trust <br />company, as follows: <br />Interest <br />'qu bers <br />Denominations <br />Rate Payable At <br />7` <br />4J ��nd 70' <br />7-114 <br />_75-22 <br />25,000. <br />45 Mi lk Strew <br />2 0 <br />0 <br />02110,6 3_2­37 <br />-5,01010- <br />achusctts 0022,05 <br />.Xone Of such Notes shall be valid until after the bank or trust co- <br />Mpany at I-,,hich it is <br />payable sha-11 have siisned the agreement., app:;aring-on each Note, to act as paying <br />a'ant theroof. Each such X. T <br />ote shall be executed in the name of the Local Issul.-;1�7 <br />J. <br />A,�,,_-ncy by th:, n ual or facsimile signature of the GItY SOU.-'h 711,�'. <br />y. and shall have the corp. orate seal of t, <br />ly Cie_ <br />in,-,,)):-,�,sscd iMprinted or ' -produced thereon and attested by the C1- C1 <br />�y - K I'V Ly <br />and said officers are hereby authorized and directed to cause said <br />Notes to be PrOPerlY executed. <br />scct5o;a 5. Each such Note shall. be in substantially the form of HUD-10010, which', <br />is 1`4e:,:cin by reference., and shall be secured by an agreement entitled <br />, <br />"R_-quisi 11-io.a A,­reex�_-nt 1,To. 1-1970 " (herein called the "Requisition Agreemen G <br />substa,Iti,,-Jl the form Of HUD-9003, i-,rhich is incorporated herein by reference, to be <br />entered illtO �bet-,Ween the Local Issuing Agency and the Government. <br />Section o'. The Raojuisition. Agreement shall be executed in the nwue of the Local <br />"ssuing A,,i <br />,�;n,(y loy the Dianuaaj or fL,.csjy .ajie k si�Tn_ ­ u ro of the <br />of the Local Issuing A,-ency and shall have the cox-porate seal of the Local Issuing <br />."E,A ency fruprerscd, imprinted or reproduced -hereon and attested by the <br />. L =y <br />the and said Officers are herby authorized and directed -,%-,0 -clu I se <br />Rcoui5ition A_ri•r.ecment to be PrOPerly executed. <br />Sect: <br />P" on 7. For the punctual pay;,,,ent of the principal of and interost on the New <br />the Local Issuing A.r_;ency hereby expressly and irrevocably promises to nay <br />2u:,,-.,s %,fhi&j ii,. y be received from 1k;1ra C0verrz,,,ent pursua�qt to the Requisition, A-reem_cr" <br />to Cuch Series of Project Notes and said A-reemont 1111en executed by the <br />is heieby declared to be and is hereby 0.ssiGncd by the Local Issuing A-Sency <br />for th _ bone-f`Ltl Of the holder or holders ' oyn to in7la of t, No <br />Ir 41 'w project 1,0, <br />"'M Ile u0 s. <br />All cor_t <br />::-Jbi2,-ftons, ds and amounts authorized or required by the Contract to be <br />U <br />Of Project Loan Notes (referred to in the Contract as <br />Loan "Advance !.Totes" Or "Pernmanent Notes") as issued in .10-Ject - <br />Y <br />wlith the Projccll- are hereby irrevocably <br />pledged to secure the payment of the <br />'_c' P- jecil- ed70ti'f3® <br />-a! 0 )-"^d interest to �!�curity on the lNew o <br />