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1`• <br /> � 1 . . <br /> the I�denture are hereby aprov�d, and the Mayor and the City <br /> Clerk are hereby authorized anc� directed to execute, attest , <br /> seal and deliver the Indenturel and said officials are hereby <br /> authorized and directed to exe�ute, attest, seal and deliver <br /> the Bonds as provided in the Ir�denture, including the use of <br /> facsimile signatures on the Bor�ds. <br /> Section 2. That thelproceeds of the Bonds be used to <br /> def ray the cost of the Pro�ject pursuant to the Loan Agreement in <br /> substantially the form presented to and filed with the minutes <br /> of this meeting and containing substantially the terms and pro- <br /> visions (including repayment prbvisions) set forth therein, and <br /> the form, terms and provisions bf the Loan Agreement are hereby <br /> approved, and the Mayor and the City Clerk are hereby authorized <br /> and directed to execute, attest'� seal and deliver the Loan <br /> Agreement. <br /> Section 3. That the �ale of the Bonds to the Underwriter <br /> pursuant to the Bond Purchase A reement, in substantially the form <br /> presented to and filed with the minutes of this meeting and con- <br /> taining substantially the termsland provisions set forth therein, <br /> is hereby authorized, approved $nd confirmed, and the form, terms I <br /> and provisions of the Bond Purc�ase Agreement are hereby approved, I <br /> and the Mayar is hereby authoriz�ed and directed to accept the � <br /> Bond Purchase Agreement on beha]�f of the City by executing the <br /> same and delivering a copy ther�of to the Underwriter. <br /> Section 4. That the ulse by the Underwriter of the <br /> Preliminary Official Statement, �dated August 16, 1979, relating <br /> to the Bonds , is hereby ratified and approved, and the proposed <br /> _3� . <br />