Authorizing City Issue Economic Development Revenue Bonds (Mittler Supply Inc) $400,000.00

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Section 5 . The City shall issue its Economic Develop- ment Revenue Bonds, Series 1985 (Mittler Supply, Inc . Project) , in the aggregate principal amount of Four Hundred Thousand Dollars ($400 , 000 . 00) for the purpose of procuring funds to loan to the Company in order to finance the acquisition and construction of such facilities, as more particularly set out in said Supplemental Loan Agreement, Mortgage and Security Agreement, which Economic Development Revenue Bonds shall be payable as to principal and interest solely from the payments made by the Company on its aforesaid Series 1985 Promissory Notes in the aggregate principal amount of Four Hundred Thou- sand Dollars ($400,000 . 00) which will be executed and delivered by the Company to evidence said loan, from other sources under said Supplemental Loan Agreement, Mortgage and Security Agree- ment, and as otherwise provided in said Supplemental Trust Indenture. 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 the date on which the Bonds are purchased; shall be dated as of the date on which the Bonds are purchased; shall be in the form of a Series 1985 A Bond and a Series 1985 B Bond in the principal amounts of $150 , 000 . 00 and $250 , 000 . 00 , respectively, payable over 5 years and 15 years, respectively, all at a variable rate per annum equal to 70% of the national prime rate of interest, rounded up -4-