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��,, ....�.�.._:__:_.__ - - _�_,.._ -- _ _..w�, _. <br /> ' .�, <br /> . <br /> interest and redemption premiums, if any, on such revenue bonds, <br /> all as set forth in the details and provisions of the Loan Agreement <br /> hereinafter identified; and <br /> WHEREAS, it is necessary and proper for the interests <br /> and convenience ef the Issuer and its inhabitants to authorize the <br /> ��, <br /> financing of the P;.�o�ect, and the same� is a matter pertaining to <br /> the government and affairs of the Issuer; and <br /> WHEREAS, it is necessary to authorize the execution of a <br /> Loan Agreement between the Issuer and the Company, under the terms <br /> of which the Issuer will loan the proceeds of the sale of such <br /> revenue bonds to the Company to enable it to acquire, construct and <br /> install the Project , the payments to be paid by the Company to <br /> the Issuer in repayment of the loan to be sufficient to pay at <br /> maturity the principal, interest and redemption premiums, if any, <br /> on the revenue bonds hereinafter authorized; and • <br /> WHEREAS, it is necessary for the Issuer to execute and <br /> deliver an Indenture of Trust to Harris Trust and Savings Bank, as <br /> Trustee (the "Trustee") for the bondholders pursuant to which the <br /> said revenue bonds will be issued; and <br /> WHEREAS, it is necessary to authorize the sale of said <br /> revenue bonds and to execute a Bond Purchase Agreement and Offering <br /> Memorandum in connection therewith; and <br /> WHEREAS, ::he Issuer has caused to be prepared and presented <br /> to this meeting the following documents, which the Issuer proposes <br /> to enter into: <br /> l. The form of Loan Agreement dated as of <br /> October 1, , 1976, between the Issuer and the Company <br /> (the "Loan Agreementr' ) ; � <br /> 2. The form of Indenture of Trust dated as of <br /> October l, 1g76, between the Issuer and the Trustee, � <br /> -2- <br />