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providing for the sale by the Municipality and the purchase by <br /> the Underwriter of the Bonds in an aggregate principal amount of <br /> $7,365,000 , at a purchase price of $7,217,700 plus accrued <br /> interest, plus an additional payment of $6,481. 20 to be made to <br /> the Underwriter by the Corporation, such Bonds to bear interest <br /> at the rates and to mature in the amounts and on- the dates set <br /> forth in Exhibit A hereto; and <br /> WHEREAS, in connection with the execution of the <br /> Purchase Contract, the Mayor executed on behalf of the <br /> Municipality a draft of the Official Statement dated May 4, 1988 <br /> ( the "Official Statement" ) ; <br /> WHEREAS, in order to provide for the issuance of the <br /> Bonds it is necessary for the Municipality to authorize the <br /> execution of or approve the following described documents in <br /> substantially the forms now before this meeting: <br /> (1) A Loan Agreement dated as of April l, 1988 <br /> between the Municipality and the Corporation ( the "Loan <br /> Agreement" ) pursuant to which the Municipality will <br /> loan the proceeds of the Bonds to the Corporation; <br /> ( 2) A Trust Indenture dated as of April 1, 1988 <br /> ( the "Indenture" ) , between the Municipality and The <br /> Citizens National Bank of Decatur , as trustee ( the <br /> "Trustee" ) , pursuant to which the Municipality will <br /> issue the Bonds; <br /> -3- <br />