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1993-06-29 Resolution 77
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1993-06-29 Resolution 77
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7/23/2008 3:18:36 PM
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Section 12. After the sale of the Bonds, the President <br />and the Secretary-Treasurer are authorized to complete the Trust <br />Agreement and the Escrow Agreement and then to execute the same on <br />behalf of the Authority. <br />Section 13. The President, Vice President, and <br />Secretary-Treasurer of this Authority and each of them is hereby <br />authorized to take all such actions and to execute all such <br />instruments as are desirable to carry out the transactions <br />contemplated by this Resolution, in such forms as the President, <br />Vice President and Secretary-Treasurer executing the same shall <br />deem proper, to be evidenced by the execution thereof. <br />Section 14. The provisions of this Resolution and the <br />Trust Agreement shall constitute a contract between the Issuer and <br />the holders of the Bonds, and, after the issuance of the Bonds, <br />• this Resolution shall not be repealed or amended in any respect <br />which would adversely affect the rights of such holders so long as <br />the Bonds or the interest thereon remains unpaid. <br />• <br />-8- <br />
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