Issue its Economic Development Revenue Bonds (Teachers Credit Union Project) $5,130,000.00

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and sale of said Economic Development Revenue Bonds, (iii) the loan of the net proceeds of said Economic Development Revenue Bonds to the Company for the construction 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 Bonds by said Loan Agreement, said Trust Indenture and said Letter of Credit. Section 5. The City shall issue its Economic Develop- ment Revenue Bonds (Teachers Credit Union Project) , in the aggregate principal amount of Five Million One Hundred Thirty Thousand Dollars ($5,130,000. 00) for the purpose of procuring funds to loan to the Company in order to finance the construc- tion of such facilities, as more particularly set out in said Loan Agreement which Economic Development Revenue Bonds 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 Five Million One Hundred Thirty Thousand Dollars ($5, 130,000.00) 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 and said Letter of Credit. Said Economic Development Revenue Bonds shall never constitute general obligations of, indebtednesses of, or charges against the general credit of the City. Said Economic Development Revenue Bonds 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 10, 1985; shall be dated as of December 1, 1985; shall have annual serial maturities from December 1, 1986 to December 1, 1999; shall bear interest at fixed per annum rates not to exceed eight and eight tenths percent (8.80%) , shall be redeemed in the case of an Event of