Issue its 1985 Economic Development Revenue Bond (Frank Darnell Project) $2,400,000

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wise provided in said Trust Indenture. Said Bond shall never constitute general obligations of, indebtedness of, or charges against the general credit of the City. Said Bond shall be executed by the manual or facsimile signatures of the Mayor and the Clerk of the City; shall be executed, delivered and dated on or about December 6, , 1985 shall be in the form of a 1985 Bond in the principal amount of Two Million Four Hundred Thousand Dollars ( $2 ,400,000) , payable over fifteen (15) years with interest at the per annum rate of 75% of the National Prime lending rate rounded up to the nearest one quarter percent (1/4%) , such rate to be adjusted quarterly except in the case of an Event of Taxability as defined in the Loan Agreement, or in the case of certain changes in the Corporate Tax Rate specified by the Internal Revenue Code of 1954, as amended, and supplemented, in which cases borrower shall pay such amounts, as more particularly described in the Loan Agreement and Trust Indenture; shall be issued in registered form; shall be registrable as provided herein; shall be payable in the medium and at the place or places provided therein; and shall be subject to optional and mandatory prepayment as provided therein. Section 6. The Mayor and/or Clerk of the City are authorized and directed to sell said Bond to Valley American Bank and Trust Company at a price not less than one hundred percent (100%) of the principal amount thereof, plus accrued interest, if any. Section 7 . The Frank Darnell facility to be located on Lot 5, Landmark Business Park will not have an adverse competitive impact on other facilities of the same kind already operating in the same market area and will contribute significantly to the creation of permanent job opportunities. Section 8. The Mayor and Clerk of the City are authorized and directed to execute and deliver the aforementioned documents for and on behalf of the City after making therein such changes permitted by the Act as they deem necessary or proper, as evidenced by their execution of such documents, and are further authorized and directed to execute and deliver such other documents for and on behalf of the City, and to take such other 3 .