Authorizing the Issurance $7,800,000 Economic development Revenue Notes

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The Series 1983 Notes are issuable as fully registered notes without coupons in the denominataion of $3,000 and any larger denomination which is an integral of $1,000. Subject to the limitations and upon payment of the charges provided in the Indenture of Trust approved in Section 5 hereof (the "Indenture ") registered Series 1983 Notes may be exchanged for like aggregate principal amount of registered Series 1983 Notes of other authorized denominations. The Series 1983 Notes are callable for redemption in the event (a) the Company shall exercise its option to prepay the Promissory Note pursuant to the Loan Agreement, (b) in the event of damage to or destruction of the Project or condemnation of the Project, or (c) the Company becomes obligated to prepay the Promissory Note pursuant to the Loan Agreement upon a Determination of Taxability (as defined in the Loan Agreement). If called for redemption as a result of the event referred to in clause (a) above, the Series 1983 Notes shall be subject to redemption by the Issuer on any Note Payment Date (as defined in the Loan Agreement) in whole or in part in integral multiples of $1,000 (less than all of the Series 1983 Notes to be selected by lot in such manner as the Trustee may designate) at a redemption price of 101% of the principal amount thereof plus accrued interest to the redemption date. If called for redemption as a result of the events described in clause (b) above, the Series 1983 Notes outstanding on the date of the occurrence of such damage to, destruction or condemnation of the Project shall be subject to redemption on the earliest practicable date thereafter selected by the Issuer. The redemption price for each such Series 1983 Note in such event shall be 100% of the principal amount thereof plus accrued interest to the date of redemption. If called for redemption due to the event described in clause (c) above, the Series 1983 Notes outstanding on the date of the occurrence of the Determination of Taxability shall be called for redemption on the earliest practicable date thereafter selected by the Trustee. The redemption price for each such Series 1983 Note in such event shall be 100% of the principal amount thereof plus accrued interest to the date of redemption plus a premium equal to one (1) year's interest borne by such Series 1983 Note for each twelve (12) month period or part thereof elapsed between the date of the occurrence of the Event of Taxability (as defined in the Loan Agreement) and the date of redemption. In addition, the Company shall deposit with the Trustee an amount equal to one (1) year's interest borne by each Series 1983 Note not outstanding at the time of redemption due to the occurrence of a Determination of Taxability but which was Outstanding at the time of the Event of Taxability for each twelve (12) month period or part thereof elapsed between the Event of Taxability and the date such Series 1983 Notes were paid or redeemed. Anyone who was an owner of a Series 1983 Note both at or after the time of the Event of Taxability and at or before the maturity or redemption thereof prior to the aforesaid redemption date shall, upon presentation to the Trustee in writing of proof satisfactory to the Trustee that he was a holder of such Series 1983 Note at such times, be entitled to a pro rata amount, based upon the period he was an owner of such Series 1983 Note, of the premium so deposited. Any moneys deposited and held by the Trustee for the benefit of claimants, if any, for five years after the date upon which so deposited shall be repaid to the Company, and thereupon and thereafter no claimant shall have any rights to or in respect of such moneys. The Series 1983 Notes shall be executed on behalf of the City with the facsimile signature of the Mayor and attested with the facsimile signature of the City Clerk and the corporate seal -3-