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Section 5. This resolution is made on the condition that the Bonds shall be issued, if at I <br /> all, and all costs related to the Bonds, whether or not actually issued, if at all, shall be paid by the I, <br /> Borrower, on or before December 31, 2002 (unless extended). The Bonds under the Act shall be , <br /> payable solely and only by or on behalf of the Borrower, and as provided in the Act, and shall , <br /> never constitute a debt or obligation of any kind of the Municipality, the State of Illinois or any I <br /> other political subdivision of the State of Illinois. <br /> Upon motion by Councilwoman Stockard, seconded by Councilman Laegeler, adopted <br /> and recorded in the Municipality's records this 6th day of August, 2001, as follows: <br /> Voting"yes"(names): Brinkoetter, Carrigan, Edwards, Laegeler, Stockard, <br /> Williams and Mayor Howley <br /> Voting"no"(names): None <br /> Absent(names): None <br /> ' ' <br /> ti <br /> TE . HOWLEY, MAYOR <br /> ATTEST: <br /> G <br /> � / ^ <br /> i�C-� ' - ���i1� <br /> CITY CLERK <br />