84-88 PROVIDING FOR THE FINANCING BY THE CITY OF DECATUR OF AN ECONOMIC DEVELOPMENT PROJECT (CONTINENTAL CARBONIC PRODUCTS, INC.)

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ry � � � foregoing or with an other officer, em lo ee, I', Y P Y consultant or agent of the Issuer, or any officer of '� the Borrower, to give an appropriate certificate on I behalf of the Issuer, for inclusion in the transcript ', of proceedings for the Bond, setting forth the facts, 'I estimates and circumstances and reasonable '� expectations pertaining to such Section 103 (c) and i regulations thereunder. Section 11 . Investment of Bond Fund, Letter of Credit Fund and Construction Fund Money. Moneys in the Bond Fun , the Letter of Credit Fund and the Construction Fund shall be invested and reinvested by the Trustee in any F.ligible Investments, in accordance with and subject to any written orders , or oral orders confirmed promptly in writing, of the Authorized Borrower Representative with respect thereto, provided that investments of moneys in the Bond Fund shall mature or be redeemable at the option of the Trustee at the times and in the amounts necessary to provide moneys hereunder to pay Bond Service Charges as they fall due at stated maturity or by amortization or redemption, and that each investment of moneys in the Construction Fund shall in any event mature or be redeemable at the option of the Trustee at such time as may be necessary to make timely payments from such Fund. Subject to any such orders with respect thereto, the Trustee may from time to time sell such investments and reinvest the proceeds therefrom in Eligible Investments maturing or redeemable as aforesaid. Any such investments may be purchased from the Trustee. The Trustee shall sell or redeem investments standing to the credit of the Bond Fund and the Letter of Credit Fund to produce sufficient moneys hereunder at the times required for the purposes of paying Bond Service Charges when due as aforesaid. Except as otherwise provided in Section 8 (a) hereof, an investment made from moneys credited on the Bond Fund, the Letter of Credit Fund or Construction Fund shall constitute part of that respective Fur_d and such respective Fund shall be credited with all proceeds of sale and income or loss from such investment, provided further that all investments of any mone_ys credited to the Principal Account ar the Interest Account of the Bond Fund shall constitute part of that respective Account, and such respective Account shall be credited with all proceeds of sale and income or loss from such investment. The Borrower has covenanted in the Agreement to restrict the use of the proceeds of the Bond so that they will not constitute arbitrage bonds under the Code. Section 12. Authorization of Agreement, Bond PurchasP AQreement, Indenture and Assignment. In order to better secure the payment of the Bond Service Charges as the same shall become due and payable, the Executive and the City Clerk of the Issuer are hereby authorized and directed to execute acknowledge and deliver, on behalf of the Issuer, the Agreement, the Bond Purchase Agreement, the Indenture and the assignment of the Note , in substantially the forms submitted to this Issuing 19