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. j , . . <br /> City, a Memorandum of Agreement between the City and the <br /> Corporation in the form attached hereto as Exhibit A. <br /> SECTION 3. Execution of Memorandum of Agreement. The <br /> Mayor is hereby authorized to execute such Memorandum of <br /> Agreement with the Corporation in the form attached hereto as <br /> Exhibit A. <br /> SECTION 4. Authorization of Issuance of Bonds. The <br /> Mayor, City Clerk, officer and employees of the City are hereby <br /> authorized, upon request by the Corporation, to take such further <br /> action as is necessary to carry out the intent and purposes of <br /> the Memorandum of Agreement as executed and to cause the City to <br /> issue its Bonds in an aggregate principal amount not expected to <br /> exceed $2, 250,000 upon the terms and conditions and for the <br /> purposes stated in said Memorandum of Agreement, which is hereby <br /> made part of this Resolution. <br /> SECTION 5. Authorization and Ratification of <br /> Subsequent Acts. The Mayor, City Clerk, officers, agents and <br /> employees of the City are hereby authorized and directed to do <br /> all such acts and things and to execute all such documents as may <br /> be necessary to carry out and comply with the provisions of this <br /> Resolution and the Memorandum of Agreement when executed and <br /> delivered as hereinabove provided, and all of the acts and doings <br /> of the members, officers, agents and employees of the City which <br /> are in conformity with the intent and purposes of this Resolution <br /> and the Memorandum of Agreement, whether heretofore or hereafter <br /> -4- <br />