No. 0075 authorizing the sale, issuance, delivery of preliminary loan notes in aggregate principal amount of $970,000, execution of requisition agreement No. 1, execution/delivery of project temporary loan note No. 2 in connection with IND R-29

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Form 11-3080 (C`OnV d) (6 -59) Wons of the Preliminary Loan Notes shall be valid until after the bank or trust compaV at which it is payable shall have signed the agreement, appearing on each suci note, to act as paying agent thereof. Each of the Preliminary Loan Notes 5hal.1 be signed in the name of the Local Public Agency by the .9f %e City cif South and shall have he corporate seal of t impressed thereon and attested by the thereof, and said officers are hereby authorized and directed tZ cause said no es to be properly executed. Sectio 5. Each of the Preliminary Loan Notes shall be issued in substenTial Y the form of the note hereto attached and marked Exhibit "A ". Section 6. The agreement entitled "Requisition Agreement No. " (herein called the "Requisition Agreement "), which has been executed. by tkie officers of the Local Public Agency, and has been presented to and read before the meeting., and the execution thereof, are hereby fully ratified$ confirmed, md approved. Said Requisition Agreement$ when executed by the Government, is hereby declared to be and is hereby assigned by the Local Public Agency for the benefit of the holder or holders from time to time of the Preliminary Loan Notes, and the proceeds of the Project Temporary Loan Note executed pursuant to Section 7 hereof are hereby irrevocably pledged first, tote payment$ at maturity, of the principal of and interest on the Preliminary Loan Notes issued pursuant to this Resolution. Section 7. The and C, - are hereby orized an irected to prepare and execute the Project Temporary Loan Note described in the Requisition Agreement (the issuance of which has heretofore been authorized y a Resolution Authorizing the Issuance of Certain Project.Temporary Loan Notes in Connection with Project No. Ind. Rr-29 and Providing for the Security for the'Payment Thereof, and for Other Purposes, duly adopted by the Local Public Agency on the day of MRtember , 19 51 ), in the principal w ount of .»............ „..,,,,,.,. Dollars 1 . ppc �Qp� Said note shall be G•rT T .rii.�w designated 'Project Temporary Loan Note "; shall be numbered Number i shall be dated the 11 day of,y,, 19� shall bear interest from the date of the acceptance of the Local Public tigency's delivery thereof >and the payment therefor by the Government; shall bear a statement at the foot thereof in ubstantially the following form: very of this note was accepted and payment therefor on the day of , 190 UNITED STATES OF AMMI ICA Housing and.Home Finance Administrator BY ee 4 ..