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execute and deliver the Purchase Contract in the name and on <br /> behalf of the Municipality to the Hospital and the Underwriter; <br /> and that the Purchase Contract is to be in substantially the form <br /> before this meeting and hereby approved, or with such changes <br /> therein as shall be approved by the Mayor and Clerk, provided <br /> that the Bonds may be issued at an interest rate not to exceed <br /> 7 .75� per annum, may be sold to the Underwriter at a purchase <br /> price, excluding any original issue discount, not le.ss than 98� <br /> of par (plus accrued interest from the date of the Series 1987 <br /> Bonds to the date of delivery thereof) (with total compensation <br /> to the Underwriter , including any underwriting discount not to <br /> exceed 2 . 5� of the face amount of the Bonds ) and may have a final <br /> maturity not later than October 1, 2015, the execution thereof to <br /> . <br /> constitute conclusive evidence of the approval of any and all � <br /> changes or revisions therein from the Purchase Contract before <br /> this meeting; and that from and after the execution and delivery <br /> of the Purchase C n <br /> o tract, the officials, a ents and em lo ees of <br /> 9 P Y <br /> the Municipality are hereby authorized, empowered and directed to <br /> do all such acts and things necessary to carry out and comply <br /> with the provisions of the Purchase Contract. <br /> Section 8. That the Mayor and Clerk of the , <br /> Municipality be, and they hereby are, authorized, empowered and <br /> directed to cause the Honds to be prepared, bearing interest at <br /> the rates and with the maturities set out in the Purchase <br /> Contract (as executed and delivered) , in such form and having the <br /> d <br /> 7 <br /> -9- <br />