Issuse its Economic Development Revenue Bond (O'Brien Corporation Project)

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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 under the terms of said Loan Agreement and under said Trust Indenture. Section 5. The City shall issue its Economic Develop- ment Revenue Bond, Series 1985 (O'Brien Corporation Project) , in the aggregate principal amount of Two Million Dollars ($2, 000, 000. 00) for the purpose of procuring funds to loan to the Company in order to finance the acquisition and rehabilita- tion of such facilities, as more particularly set out in said Loan Agreement, which Economic Development Revenue Bond shall be payable as to principal and interest solely from the pay- ments made by the Company on its aforesaid Promissory Note in the principal amount of Two Million Dollars ($2, 000, 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 Indenture. Said Economic Development Revenue Bond shall never constitute a general obli- gation of, indebtednesses of, or charge against the general credit of the City. Said Economic Development 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 December 20, 1985; shall be dated as of said date of execution and delivery; shall have a final matur- ity date on or about December 20, 2000 with principal reduced monthly beginning on or about January 20, 1986; shall bear interest at a variable per annum rate of seventy-five percent (75%) of the national prime rate, but not be exceed 11.75% during the first 10 years, except in the case of an Event of Taxability as defined in the Loan Agreement, in which case the per annum interest rate shall be as set forth therein; shall be