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• 5. The Mayor and City Administrator of the Issuer are hereby authorized and <br />directed to execute and deliver the Loan Agreement among the Issuer and the Borrower, <br />providing for the loan of the proceeds of the Bonds to the Borrower. The Mayor and City <br />Administrator of Issuer are hereby authorized and directed to execute and deliver the Subordinate <br />Loan Agreement among the Issuer and the Borrower, providing for the financing of a portion of <br />the acquisition costs of the Project. All of the provisions of such Loan Agreements, when <br />executed and delivered as authorized herein, shall be deemed to be a part of this Resolution as <br />fully and to the same extent as if incorporated verbatim herein and shall be in full force and effect <br />from the date of execution and delivery of the Loan Agreements. The Loan Agreements shall be <br />substantially in the form now on file with the Issuer with such variations, omissions, and <br />insertions as do not materially change the substance thereof, or as the Mayor, in the Mayor's <br />discretion, shall determine, and the execution thereof by the Mayor shall be conclusive evidence <br />of such determination. <br />6. The Mayor and City Administrator are hereby authorized and directed to execute <br />the Bond Purchase Agreement, among the Issuer, Dougherty & Company LLC (the <br />"Underwriter"), and the Borrower (the "Bond Purchase Agreement"), relating to the Bonds. All <br />of the provisions of the Bond Purchase Agreement, when executed and delivered as authorized <br />herein, shall be deemed to be a part of this Resolution as fully and to the same extent as if <br />incorporated verbatim herein and shall be in full force and effect from the date of execution and <br />delivery of the Bond Purchase Agreement. The Bond Purchase Agreement shall be substantially <br />in the form now on file with the Issuer, with such necessary and appropriate variations, <br />• omissions, and insertions as do not materially change the substance thereof, or as the Mayor, in <br />the Mayor's discretion, shall determine, and the execution thereof by the Mayor shall be <br />conclusive evidence of such determination. <br />7. The Mayor and City Administrator are hereby authorized and directed to execute <br />the Assignment and Pledge Agreement between the Issuer and the Subordinate Lender (the <br />"Assignment and Pledge Agreement"), relating to the Note. All of the provisions of the <br />Assignment and Pledge Agreement, when executed and delivered as authorized herein, shall be <br />deemed to be a part of this Resolution as fully and to the same extent as if incorporated verbatim <br />herein and shall be in full force and effect from the date of execution and delivery of the <br />Assignment and Pledge Agreement. The Assignment and Pledge Agreement shall be <br />substantially in the form now on file with the Issuer, with such necessary and appropriate <br />variations, omissions, and insertions as do not materially change the substance thereof, or as the <br />Mayor, in the Mayor's discretion, shall determine, and the execution thereof by the Mayor shall <br />be conclusive evidence of such determination. <br />8. The Mayor and City Administrator of the Issuer are hereby authorized and <br />directed to execute and deliver the Regulatory Agreement among the Issuer, the Trustee and the <br />Borrower, relating to the Bonds. The Mayor and City Administrator of Issuer are hereby <br />authorized and directed to execute and deliver the Subordinate Regulatory Agreement among the <br />Issuer, the Subordinate Lender or its designee and the Borrower, relating to the Note. All of the <br />provisions of such Regulatory Agreements, when executed and delivered as authorized herein, <br />• shall be deemed to be a part of this Resolution as fully and to the same extent as if incorporated <br />verbatim herein and shall be in full force and effect from the date of execution and delivery of the <br />3 <br />