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Section 2 . This Council further finds that the pro- <br /> posed economic development revenue bond financing of such <br /> facilities will be of benefit to the health and welfare of the <br /> City and its citizens . <br /> Section 3 . This Council further finds that the pro- <br /> posed economic development revenue bond financing of such <br /> facilities complies with the purposes and provisions of the Act . <br /> Section 4 . This Council hereby approves the proposed <br /> economic development revenue bond financing of such facilities, <br /> including ( i) the form and terms of the aforementioned Supple- <br /> mental Loan Agreement, Mortgage and Security Agreement, Series <br /> 1985 Promissory Notes, Economic Development Revenue Bonds and <br /> Supplemental Trust Indenture attached hereto and incorporated <br /> herein by reference (two (2) copies of which are on file in the <br /> Office of the Clerk of the City for public inspection) , ( ii) <br /> the issuance and sale of said Economic Development Revenue <br /> Bonds , (iii) the loan of the net proceeds of said Economic <br /> Development Revenue Bonds to the Company for the acquisition <br /> and construction of such facilities, such loan to be evidenced <br /> by said Promissory Notes, ( iv) the repayment of said loan by <br /> the Company pursuant to said Supplemental Loan Agreement, Mort- <br /> age and Security Agreement, and said Promissory Notes, and (v) <br /> the securing of said Economic Development Revenue Bonds by said <br /> Supplemental Loan Agreement, Mortgage and Security Agreement <br /> and said Supplemental Trust Indenture. <br /> -3- <br />