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interests of the City that the City adopt this Ordinance; (D) it is necessary and in the best II <br /> interests of the City that the Agreement be executed so as to provi e for the financing of the I��, <br /> Project; and (E) the execution of the Agreement, the borrowing o money for the purposes I', <br /> authorized therein and the issuance of the Note is for a proper public urpose and is in the public <br /> interest. <br /> Section 3. Execution of the Agreement A«thorized. The C ty is hereby authorized to <br /> enter into the Agreement with the Purchaser in such form as shall be proved by the Director of <br /> Financial Management, which form shall be as is deemed usual and ustomary in the municipal <br /> bond market and may include, without limitation, terms providing fo posted security for one or <br /> more Note, assignment of taxes, drawdown conditions, repayment pro isions, and provisions for <br /> default, provided, however, that in the event of any conflict between t e terms and prov�sions of <br /> this Ordinance and the Agreement, the terms and provisions of this O dinance shall in all events <br /> control. The Director of Financial Management be, and hereby is, a thorized, empowered and <br /> directed to execute, and his execution thereof shall constitute conclusive evidence of the approval <br /> of any and all terms contained in the Agreement by the Council, a d the City Clerk be, and <br /> hereby is, authorized, empowered and directed to attest the Agreeme t in the name, for and on <br /> behalf of the City, and thereupon to cause the Agreement to be del vered to the counterparty <br /> thereto. The Agreement (as executed) is entered into to provide for t e loan of the proceeds of <br /> the Note to the City and the use of such proceeds as aforesaid and to ay the costs of issuing the <br /> Note, in the manner and with the effect therein provided. From a d after the execution and <br /> delivery of the Agreement, the officers, employees and agents of the ity are hereby authorized, <br /> empowered and directed to do all such acts and things and to execute 11 such documents as may <br /> be necessary to carry out and comply with the provisions of the Agre ment as executed; and the <br /> Agreement shall constitute, and hereby is made, a part of this Ordznance, and a copy of the <br /> -6- <br />