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of said Economic Development Revenue Bonds to the Company for <br />the acquisition and construction of such facilities, such loan <br />to be evidenced by said Promissory Note, (iv) the repayment of <br />said loan by the Company pursuant to said Loan Agreement, <br />Mortage and Security Agreement, and said Promissory Note, and <br />(v) the securing of said Economic Development Revenue Bonds by <br />said Loan Agreement, Mortgage and Security Agreement and said <br />Trust Indenture. <br />Section 5. The City shall issue its Economic Develop- <br />ment Revenue Bonds, Series 1984 (Twenty Three North Partner- <br />ship, an Indiana Partnership Project), in the aggregate <br />principal amount of One Million Fifty Thousand Dollars <br />($1,050,000.00) for the purpose of procuring funds to loan to <br />the Company in order to finance the acquisition and construc- <br />tion of such facilities, as more particularly set out in said <br />Loan Agreement, Mortgage and Security Agreement, which Economic <br />Development Revenue Bonds shall be payable as to principal and <br />interest solely from the payments made by the Company on its <br />aforesaid Promissory Note in the principal amount of One <br />Million Fifty "Thousand Dollars ($1,050,000.00) which will be <br />executed and delivered by the Company to evidence said loan, <br />from other sources under said Loan Agreement, Mortgage and <br />Security Agreement, and as otherwise provided in said Trust <br />Indenture. Said Economic Development Revenue Bonds shall never <br />constitute general obligations of, indebtednesses of, or <br />charges against the general credit of the City. Said Economic <br />Development Revenue Bonds shall be executed by the manual or <br />facsimile signatures of the Mayor and the Clerk of the City; <br />shall be executed and delivered on or about July 25, 1984; <br />shall be dated as of July 1, 1984; shall have a final payment <br />date of July 15, 1999 with principal reduced monthly, beginning <br />on August 15, 1984; shall bear interest at a variable per annum <br />rate equal to 75% of the national prime rate of interest, <br />determined by reference to the prime rate of interest at five <br />major Chicago banks, except in the case of an Event of Taxabil- <br />-3- <br />