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is later. Time is of the essence. This Agreement shall remain in efFect so long as any Bonds <br /> remain outstanding, but no later than 2050. <br /> Section 1 S. Filing of Authorizing Ordinance or Resolution. Each Issuer shall file with <br /> the other Issuer a certified copy of the ordinance or resolution adopted by the governing body of <br /> such Issuer, authorizing the execution of this Cooperation Agreement within thirty(30) days of <br /> adoption. <br /> -4- <br />