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. , � „ <br /> �c^:�any has entered into cor.tracts fcr the aceui����on, constructic� <br /> _�iri �nstailat�on oi certain industrial facili�ies ('�e^e:r.a'ter <br /> i�l�rred t0 �S �h@ 11P;'C� �Ct" ) � Wh1Ch COriSL]..�U��S 2ri �'�C�ri0:11C <br /> �evelopment project " within the meanir.5 oi �he �nablir.� Crcinance <br /> �r� �•:�icn htill be of the character ar.d accom�lis^ �he �'.:T'DOSES <br /> �_���_:ed by �he �nabling Ordir.ance, ar.d the Tssu�r is :�._ll:n� to <br /> issue its revenue bonds to finance the cost oi tre Proj �c� and to <br /> �r��r into a loan agreement tiaith �he Ccm�any upor. ter:�s whych <br /> ..�J.� �roduce revenues ari� recei�ts SUf'i1Cl?ri� t0 �="CV�C,.� IOT' t�'1C' <br /> �ro�;�t payment at matu„ity of the nrir.cipal , int�r�st �rd „edemption <br /> pr�TM�iums , if any, on such revenue bonds , all as se� ior�h in the <br /> aet2ils and prov�sions of �he Loan Agreement hereinaite^ i�er.�ified; <br /> ar:d <br /> WHEREAS, it is r.ecessary and proper for tre i�terests <br /> ar.d cor�venience of the Issuer and its inhabitants to au�hor�ze the <br /> i�nzncing of the Project , and the same is a mattEr pzrt?in_r.� �o <br /> the government and affairs of the Issuer; and <br /> WHEREAS , it is necessary to au�horize tne exe�uticn of <br /> a L,oan Agreement between .the Issuer ar.d the Company , under the <br /> �e�^�:� of which the Issuer w�ll loar. the proceeds of �ne sale of <br /> such revenue bonds to the Company to enable it to acqui»e , construct <br /> ar.d install the Pro� ect , the payments to be paid by tl^.e Company to <br /> �h� Issaer in repaymer�t of the loan to be suff�cier.t to pay at <br /> r.:�tur_ty the princip�.l , interest and redem�tion CY'el�l�uiT.� , �f any, <br /> on �.he rever.ue bonds hereinafter authcrized; and <br /> �f1HEF.EAS , it is n�cessary for the Issuer �o ex�ca�e a:�d <br /> c�i_ver an I:�denture o� Trus� to T'1�e Millikin Natior.al Bank of Decatur, <br /> � -2- <br /> � <br />