Approving Economic Development Revenue Bond Jefferson Boulvard Partnerhip Project

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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, said Trust Indenture and said Letter of Credit. Section 6. The City shall issue its Economic Develop- ment Revenue Bonds, Series 1983 (Jefferson Boulevard Partner- ship Project) , in the aggregate principal amount of One Million Seven Hundred Thousand Dollars ($1,700,000.00) for the purpose of procuring funds to loan to the Company in order to finance the acquisition and renovation of such facilities, as more par- ticularly 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 One Million Seven Hundred Thousand Dollars ($1,700,000.00) 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 and said Letter of Cred- it. Said Economic Development Revenue Bonds shall never con- stitute general obligations of, indebtednesses of, or charges against the general credit of the City. Said Economic Develop- ment 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 during regular business hours on or about December 28, 1983; shall be dated as of December 15, -4-