Issue its Economic Development Revenue Bonds (Stanz Realty Co) $1,500,000.00

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interest to a fixed rate equal to 87% of the rate on five-year U.S. Government obligations for the periods January 1, 1991 through December 31, 1996, and January 1, 1996, until the Series 1985 Bonds are paid, respectively; shall be originally issued in the denominations of Twenty-Five Thousand Dollars ($25, 000 . 00) ; shall be issued in registered form; shall be registrable as provided therein; shall be payable in the medium and at the place or places provided therein; and shall be sub- ject to optional and mandatory prepayment as provided therein. Section 6 . The Mayor and/or the Clerk of the City are authorized and directed to sell said Economic Development Reve- nue Bonds to St . Joseph Bank and Trust Company at a price not less than one hundred percent (100%) of the principal amount thereof, plus accrued interest . Section 7. The Mayor and the Clerk of the City are authorized and directed to execute and deliver the aforemen- tioned documents for and on behalf of the City after making therein such changes permitted by the Act as they deem neces- sary or proper, as evidenced by their execution of such docu- ments, 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 actions for and on behalf of the City, as they deem necessary or proper in connection with the consumma- tion of such financing. The Mayor and the Clerk of the City are authorized to arrange for the delivery of said Economic Development Revenue Bonds to 1st Source Bank, payment for which will be made to the Trustee for the account of the City. -5-