Authorizing Issue its Economic Development Revenue Bonds (Curtis Products Inc Project) $1,300,000.00

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the acquisition, expansion and 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, Mortage and Security Agreement, and said Promissory Note, and (v) the securing of said Economic Development Revenue Bonds by said Loan Agreement, Mortgage and Security Agreement and said Trust Indenture. Section 5. The City shall issue its Economic Develop- ment Revenue Bonds, Series 1984 . (Curtis Products, Inc. Proj- ect), in the aggregate principal amount of One Million Three Thousand Dollars ($1,300,000.00) for the purpose of procuring funds to loan to the Company in order to fiDance the acquisi- tion, expansion and construction of such facilities, as more particularly set out in said Loan Agreement, Mortgage and Se- curity 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 Promissory Note in the principal amount of One Million Three Thousand Dollars ($1,300,000.00) which will be executed and delivered by the Company to evidence said loan, from other sources under said Loan Agreement, Mortgage and Security Agreement, and as other- wise provided in said Trust Indenture. Said Economic Develop- ment 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 September 10, 1984; shall be dated as of September 10, 1984; shall have a final maturity date of September 10, 1999 with principal reduced monthly, beginning on October 10, 1984;