Authorizing $3,900,000 Revenue Bonds Allied Products Corp Project

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the form of such instruments submitted to this Common Council approved hereby, and identified herein as the Indemnity Letter and the Bond Purchase Agreement, and to keep the same on file. Section 8. Indenture. In order to secure the payment of the principa o3° an i�t on the Bonds, the Mayor and Clerk shall execute, ackmowledge and deliver in the name and on behalf of the City, an Indenture of Trust (Security Agreement), herein identified as and called the.Indenture, in the form submitted to the Common Council, which is hereby approved in all respects; and the Clerk is hereby directed to insert a copy thereof in the form submitted to this meeting and approved hereby, in the minutes of this Common Council and to certify thereon that the same is the form of Indenture so submitted to this Common Council and approved by this Bond Ordinance and identified herein as the Indenture and to keep such Indenture on file. Said Indenture contains provisions authorized and permitted by the Act, and this Bond Ordinance shall constitute a part thereof as therein provided and for all purposes of said Indenture, including the provisions thereof relating to amendments and the severability of provisions of the Indenture, Section 9. Lease, In order to provide for the leasing of the Probe` ct and the payment of rent sufficient in amount to pay the principal of and premium, if any, and interest on the Series 1973 Bonds, the Mayor and Clerk shall execute, acknowledge and deliver in the name and on behalf of the City a Lease Agreement, herein identified as and called the Lease, in the form submitted to this Common Council, which is hereby approved in all respects; and the Clerk is hereby directed to insert a copy thereof, in the form submitted to this meeting and approved hereby, in the minutes of this Common Council and to certify thereon that the same is the form of Lease submitted to this Common Council and approved by this Bond Ordinance and identified herein as the Lease and to keep such Lease on file. Said Lease contains provisions authorized and permitted by the Act. Section 10, Official Statement, The Official Statement of the City vrit respec to t e Bon s an the financing contemplated thereby and hereby is authorized and approved and the Mayor or City Clerk is authorized to execute the same on behalf of the City; and the Clerk is hereby directed to insert a copy of the Official Statement in the form submitted to this meeting and approved hereby, in the minutes of this Common Council and to certify thereon that the same is the form of such Official Statement submitted to this meeting, approved hereby and identified herein as the Official Statement and to keep the same on file. Section 11. General, The Mayor, Clerk, City Controller and City Treasurer be an�Tthay are each hereby authorized and directed, in the name of and on behalf of the City to execute any and all instruments, perform any and all acts, approve any and all matters, and do any and all things deemed by them, or any of them, to be necessary or desirable in order to carry out the purposes of this Bond Ordinance (including the preambles hereto), the acquisi- tion of and the leasing of the Project to the Lessee, the issuance and sale of the Series 1973 Bonds, and the securing of the Series. 1973 Bonds under the Indenture, Section 12. Prior Proceedings, All action taken by the Commission, w et er before or a er e effective date of the Act, in connection with the Project and Resolution No. adopted by the Common Council on July _, 1973 are, o t e extent not inconsistent with the Bond Ordinance, ratified and confirmed and incorporated herein. -5-