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H^ 3080a . <br />( 5-61) <br />I <br />L <br />I <br />Resolution #114. <br />RESOL <br />ION AUTHORIZIPIG -TIU3 SALE, ISSUANCE, AND DELIVERY <br />- <br />OF PRELIMINARY <br />LOAN NO'ri-,S IN THE AGGRrGATE PRINCIPAL <br />' <br />AMOUNT <br />`or- : i6 a C(I , THE EXECUTION OF <br />REQUITION <br />AUMENT NO , AND THE E) CUT.1 N <br />AND DELIVERY <br />OF PROJECT TL7�AN NOM N0. ' .4 <br />' <br />IN CO? <br />CTION WITH PROJECT NO.., <br />1 <br />mom <br />(herein i <br />j <br />called, <br />the <br />"Loc <br />. <br />ze Agency",) tas en erect into a contrac as; of the - <br />S�aY <br />��"'" <br />f <br />� 9-- numbered Contract No. II. i <br />R,49 <br />ch <br />to <br />etHer wi <br />an su lemen s thereto or amendments,inoal ica ons, or ' <br />y�pp� <br />waivers <br />of <br />any provisions <br />thereof, is herein called the "Loan and Grant. , <br />j Contract <br />") <br />with the <br />United States of America (herein called the "Government ") <br />acting] <br />d throng <br />the Housing and home Finance 'Administrator , p+oviding, in } <br />part,.tor <br />Project <br />emporary Loan by the Government to the Local Public Agency j <br />under <br />Titl` <br />I of the! <br />Housing,. Act of, (Public Law 171::- 81st Congress) a <br />r <br />approv <br />not to�exc <br />d J <br />y 15, 19 <br />d $14,• <br />9 , as amended, in an amount outstanding`at any one time <br />to aid the Local Public Agency n its <br />Y <br />! undertakin <br />and Carr <br />. <br />g ou o a certain : slum. clearance' end urbanl' <br />redevel <br />nt c <br />heir a ►! <br />{ a11e the 'Project) des #gusted Project <br />f. <br />ii No. <br />' <br />! • which. is more fully identifted�in'the Lean and Grant <br />o, it <br />Contra: d <br />f' <br />No* <br />r the rr_�,,.I,,.�e==mt <br />�,I.� <br />hats pursuant -to R <br />�, P equisitireement <br />E <br />with <br />the Pub lie- Agency dated as of the day of <br />k; <br />19 herein called the "out stand.ing" Plij. u=se io n <br />Agre <br />a e' <br />ion account said Project Temporary. Loan on the <br />of <br />.. <br />! : 19 , which Project ,Temporary Loan. <br />4 <br />! paymen <br />the Preliminary <br />h <br />been pre <br />ge or' h ent�o ` the I�('ineipal of and interest upon <br />Notes ( s) o� the Public Agency which <br />II y ; <br />f <br />f <br />� <br />li� mature <br />II the "Quits <br />;on <br />he <br />ding re <br />d ey -o , 19 � and are herein .called <br />minary Loan o <br />es ; an <br />i <br />ii <br />1. <br />purchase <br />o <br />, pursu <br />the <br />advertise*ent for the receipt of proposals for the <br />Series Preliminary <br />r calls <br />of Loan Notes - ,(:herein - sometimes <br />") <br />€ <br />j <br />$ <br />in <br />Loan 1�trtes of the Local Public Agency aggregating <br />' <br />I ! <br />which appeared in a Notice of Sale. published. in the ­ <br />i <br />1, iesues- of the.. ,. r <br />19 <br />in the- City# <br />an in the , 19 <br />F <br />;. <br />asue: <br />of. odd <br />New <br />a y <br />Prelirain <br />yer. n he City -of New York propas s or a pxi chase <br />Loan Dotes in the form approved by the Local Public <br />A6er�eY <br />mere <br />received, <br />opened, and canvassed at the time and place mentioned in <br />LL_ <br />