No. 0072 authorizing the execution/delivery of a certain project temporary loan note in connection with project No. INDIANA R-29

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SAS va4x #72 H -3057 (7 -57) RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A CERTAIN PROJECT TEMPORARY LOAN NOTE IN CONNECTION WITH PROJECT NO. 1 !►, &#Q2 WIEREAS the CitV of squth Seed, D? ant of Ud 1 (herein sometimes called the Local Public Agency has filed or is about to filc a requisition, together with the necessary supporting documents, with the United States of America (herein called the "Government ") re- questing a payment on account of the Project Temporary Loan provided for in the Loan and Grant Contract and numbered Contract No. a" R•2$ (W) , (which together with all supplements, amendments, and waivers, is herein called the "Loan and Grant Contract ") by and between the Local Public Agency and the Government, said Loan and Grant Contract being in connection with a certain project of the Local Public Agency designated therein; and WHEREAS the Local Public Agency has determined to issue its Project Temporary Loan Note as security for such payment: NOW., THEREFORE, BE IT RESOLVED by the of the City Of ISOUth mod, t Of R' ' 'follows: 1 That pursuant to the provisions of a Resolution, entitled: 001 t.im Authorizing the 1e0v=00 Of aortain fteOctleavorazy d p3 *V:Ld1=q got tho Soc=jty fSW the ymat Vh t, and ft ear Wiese duly a opted by the Local Public Agency on the Ifth day of S0rt+4W 19. the ant r±# f*-er 01& of t e of are he e y authorized and directed to prepare -andaqd execute a note, auth rized/S 3' by said Resolution, in the principal amount of de vxmdz" /Bond Dollars ($3,00#000-00 , or, if the Government shall only approve said requisition for a lesser amount, in the lesser amount so approved by the Government. Such note shall bear intere t from the date of the acceptance of the Local Public Agency's delivety thereof and the payment therefor by the Government; shall be - 1 -