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WHEREAS, in order to provide for the issuance of the <br /> Bonds it is necessary for the City to authorize the execution <br /> of the following described documents, the proposed forms of <br /> which are before this meeting: <br /> (1) A Loan Agreement to be dated as of February <br /> l, 1982, between the City and the Partnership (the "Loan <br /> Agreement" ) ; <br /> (2) An Indenture of Trust to be dated as of <br /> February l, 1982, between the City and Chicago Title and <br /> Trust Company, as Trustee (the "Trustee" ) , authorizing the <br /> issuance of the Bonds (the "Indenture") ; and <br /> (3) A Bond Purchase Agreement to be dated as of <br /> the date of this Ordinance among the City, the Underwriter, <br /> : and the Partnership (the "Bond Purchase Agreement") ; and <br /> WHEREAS, there has also been presented to this <br /> meeting for approval forms of the following described documents: <br /> (1) A P�ortgage and Security Agreement to be dated as <br /> of February 1, 1982 f rom the Partnership and the Land Trustee <br /> to the City (the "Mortga�e") ; <br /> (2) An Assignment of Rents and Leases to be dated <br /> as of February 1, 1982 f rom the Partnership and the Land <br /> Trustee to the City (the "Assignment of Rents" ) ; and <br /> (3) A Transfer Irrevocable Stand-by Letter of <br /> Credit to be issued by The First National Bank of Chicago, <br /> Chicago, Illinois (the "Bank" ) , in favor of the Trustee to <br /> provide for and secure the payment of the principal of, <br /> premium, if any, and up to nine months interest on the Bonds. <br /> -4- <br />