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

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of the City or a facsimile thereof shall be impressed or imprinted thereon. All such facsimile signatures and the reproduction of the official seal of the City on the Series 1983 Notes shall have the same force and effect as if said officials had manually signed the Series 1983 Notes and the official seal of the City had been impressed on the Series 1983 Notes. In case any officer of the City whose signature shall appear on any Series 1983 Note shall cease to be such officer before such Series 1983 Note is issued and delivered, such signature shall nevertheless be valid and sufficient for all purposes, and the Series 1983 Note may be issued and delivered as though such officer had remained in office until such issuance and delivery. The Series 1983 Notes will be executed and delivered on or before August 31, 1983. The Series 1983 Notes are limited obligations of the City payable solely from payments of principal, premium, if any, and interest made by the Company on the Promissory Note dated June 15, 1983 executed and delivered by the Company to the Issuer concurrently with the sale and delivery, by the Issuer, of the Series 1983 Notes, except to the extent that the principal of, premium, if any, and interest on the Series 1983 Notes may be paid out of money attributable to Series 1983 Note proceeds or from temporary investments, or from other moneys, if any, accruing to the Trustee for the benefit of the noteholders. The Series 1983 Notes do not and shall never constitute an indebtedness of, or a charge against the general credit or taxing power of the City. By the Indenture the City will assign or pledge to the Trustee the City's rights under the Loan Agreement, including the right of the City to receive payments under the Promissory Note, all as security for the payment of the Series 1983 Notes. Section 5. Indenture. In order to secure the payment of the principal of and interest on the Series 1983 Notes, the Mayor and City Clerk shall execute, acknowledge and deliver in the name and on behalf of the City, an Indenture of Trust, from the City to the Trustee, dated as of July 15, 1983, herein identified as and called the Indenture, in substantially the form submitted to the Common Council and before the meeting at which this Note Ordinance is adopted, which is hereby approved in all respects. Section 6. Loan Agreement. In order to provide for the loan of the proceeds of sale of the Series 1983 Notes to the Company and to provide for the payment by the Company of an amount sufficient to pay the principal of, premium, if any, and interest on the Series 1983 Notes, the Mayor and City Clerk shall execute, acknowledge and deliver in the name and on behalf of the City the Loan Agreement, between the City and the Company, dated as of July 15, 1983, in substantially the form submitted to this Common Council and before the meeting at which this Note Ordinance is adopted, which is hereby approved in all respects. Section 7. Acceptance of Promissory Note. In connection with the Series 1983 Notes, the City accepts as security for such Series 1983 Notes, the Promissory Note of the Company. The Promissory Note shall be in substantially the form before the meeting at which this Note Ordinance is adopted and shall be secured by a mortgage on the Project from the Company to the Trustee which mortgage shall be in substantially the form before the meeting at which this Note Ordinance is adopted. Section 8. The Series 1983 Notes shall be sold to I. M. Simon & Company, Clayton, Missouri, pursuant to a Purchase Contract to be dated the date of issuance of the Series 1983 Notes, in the form before the meeting of the Common Council at which this Note Ordinance is adopted at a price of not less than 950 of the principal amount thereof. The Mayor and City Clerk -4-