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n � ,Fatit <br /> r> <br /> hereof that such commitments on the part of the Issuer are <br /> as binding as if contained in this resolution separate and <br /> 110 apart from the Indenture , the Agreement and the Bond Pur- <br /> chase Agreement . <br /> Section 13 . The Bonds shall contain a recital that the <br /> Bonds are issued pursuant to the Act , and such recital shall <br /> be conclusive evidence of the validity of the Bonds and the <br /> regularity of the issuance thereof , and all acts , conditions <br /> and things required by the laws of the State relating to the <br /> adoption of this resolution, to the issuance of the Bonds <br /> and to the execution of the Indenture , the Agreement, the <br /> Assignment , the Guaranty, the Mortgage and the Bond Purchase <br /> Agreement to happen, to exist and to be performed precedent <br /> to and in the enactment of this resolution and precedent to <br /> the issuance of the Bonds and precedent to the execution of <br /> the Indenture, the Agreement, the Assignment, the Guaranty, <br /> the Mortgage and the Bond Purchase Agreement have happened, <br /> do exist and have been performed as so required by law. <br /> Section 14 . The officers of the Issuer , attorneys, <br /> engineers and other agents or employees of the Issuer are <br /> hereby authorized to do all acts and things required of them <br /> by or in connection with this resolution, the Indenture, the <br /> Agreement and the . Bond Purchase Agreement for the full, <br /> punctual and complete performance of all the terms , cove- <br /> • nants and agreements contained in the Bonds, the Indenture, <br /> the Agreement , the Bond Purchase Agreement and this resolu- <br /> tion. <br /> Section 15 . The Trustee is hereby appointed as Paying <br /> Agent for the Bonds pursuant to Section 702 of the Inden- <br /> ture . <br /> Section 16 . The City Administrator-Clerk is hereby <br /> designated and authorized to act on behalf of the Issuer as <br /> the Issuer Representative (as defined in the Agreement) . <br /> Section 17 . This resolution shall be in full force and <br /> effect from and after its passage. <br /> PASSED AND APPROVED ON DECEMBER 6 , 1982. <br /> [SEAL] 42:1-41 <br /> chard Hinkle, Mayor <br /> ATTEST: <br /> • obert C. Middaugh <br /> City Administrato - lerk <br /> - 9 - <br />