Issue Economic Development Revenue Bond Series 1987 Kokoku Wire $3,200,000

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reference (two (2) copies of which are on file in the Office of the Clerk of the City for public inspection) , (ii) the issuance and sale of said Economic Development Revenue Bond, (iii) the loan of the net proceeds of said Economic Development Revenue Bond to the Company for the acquisition and rehabilitation of such facilities, such loan to be evidenced by said Promissory Note, (iv) the repayment of said loan by the Company pursuant to said Loan Agreement, and said Promissory Note, and (v) the securing of said Economic Development Revenue Bond by said Loan Agreement, and said Trust Indenture.. Section 5 . The City shall issue its Economic Develop- ment Revenue Bond, Series 1987 (Kokoku Wire Industries Corpora- tion Project) , in the aggregate principal amount not to exceed Three Million Two Hundred Thousand Dollars ($3 ,200, 000 . 00) for the purpose of procuring funds to loan to the Company in order to finance the acquisition and rehabilitation of such facili- ties as more particularly set out in said Loan Agreement, which Economic Development Revenue Bond shall be payable as to prin- cipal, interest and premium solely from the payments made by the Company on its aforesaid Promissory Note in the principal amount of Three Million Two Hundred Thousand Dollars ($3,200, 000 . 00) which will be executed and delivered by the Company to evidence said loan, from other sources under said Loan Agreement and as otherwise provided in said Trust Inden- ture. Said Economic Development Revenue Bond shall never con- stitute a general obligation of, indebtednesses of, or charge against the general credit of the City. Said Economic Develop- ment Revenue Bond shall be executed by the manual or facsimile signatures of the Mayor and the Clerk of the City; shall be executed and delivered on or about August 14, 1987; shall be dated as of June 1, 1987; shall have a final maturity date on or about August 1, 1992; with principal payable at maturity;