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Section 5. The CITY shall issue its Economic Development <br /> Revenue Bond, Series 1985, (Automatic Real Estate Project) , in the <br /> aggregate principal amount of Seven Hundred Fifty Thousand Dollars <br /> ($750, 000. 00) and its Economic Development Revenue Bond, Series 1985, <br /> (Automatic Equipment Project) in the aggregate principal amount of <br /> Two Million Two Hundred Fifty Thousand Dollars ($2, 250, 000. 00) for <br /> the purpose of procuring funds to loan to the Company in order to fur- <br /> nish the acquisition of such facilities, as more particularly set out <br /> in said Loan Agreement and Security Agreement, which Economic Develop- <br /> ment Revenue Bonds shall be payable as to the principal and interest <br /> solely from the payments made by the Company on its aforesaid Promis- <br /> sory Notes in the principal amounts of Seven Hundred Fifty Thousand <br /> Dollars ($750, 000. 00) and Two Million Two Hundred Fifty Thousand <br /> Dollars ($2, 250, 000. 00) which will be executed and delivered by the <br /> Company to evidence said loan, from other sources under said Loan <br /> Agreement and Security Agreement, and as otherwise provided in said <br /> Indenture of Trust. Said Economic Development Revenue Bonds shall <br /> never constitute general obligations of, indebtedness of, or charges <br /> against the general credit of the CITY. Said Economic Development <br /> Revenue Bonds shall be executed by the manual or facsimile signatures <br /> of the Mayor and the Clerk of the CITY; shall be executed and delivered <br /> on or about November 6, 1985; shall be dated as of November 6, 1985; <br /> payments on the Automatic Real Estate Project shall begin on <br /> December 1, 1985; shall bear interest at the rate of seventy-five <br /> per cent (75%) of the prime rate published by Citibank, N.A. , New <br /> York, New York, but one per cent (1%) in excess of the Citibank prime <br /> rate after maturity or default, adjusted monthly on the first busi- <br /> ness day of each month and be the denomination of Seven Hundred <br /> Fifty Thousand dollars ($750, 000 . 00) ; and payments on the Automatic <br /> Equipment Project shall begin on December 1, 1985, bear interest at <br />