Approving Economic Development Revenue Bond St Joseph Station II Project

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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 Promissory Note, and (v) the securing of said Economic Development Revenue Bonds by said Loan Agreement, Mortgage, Trust Indenture and Surety Bond. Section 5. The City shall issue its Economic Develop- ment Revenue Bonds, Series 1983 (St. Joseph Station II Pro- ject) , in the aggregate principal amount of Four Million Three Hundred Ninety Thousand Dollars ($4,390,000.00) for the purpose of procuring funds to loan to the Company in order to finance the acquisition, renovation and rehabilitation of such facili- ties, as more particularly set out in said 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 Promissory Note in the principal amount of Four Million Three Hundred Ninety Thousand Dollars ($4,390,000.00) 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 otherwise provided in said Trust Indenture, Surety Bond and Reimbursement Agreement. 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 -4-