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<br />. <br /> <br />executed and delivered as authorized herein, shall be deemed to <br />be a part of this Resolution as fully and to the same extent as <br />if incorporated verbatim herein and shall be in full force and <br />effect from the date of execution and delivery thereof. The <br />Lease Agreement, the Bond Purchase Agreement, and the <br />Disbursing Agreement shall be substantially in the forms on <br />file in the office of the City Administrator-Clerk, but with <br />such variations, omissions, and insertions as may be approved <br />by the officers executing the same, which approval shall be <br />conclusively evidenced by such execution. <br /> <br />2.3) Form and Authorized Amount of Note. The Note shall <br />be issued substantially in the form set forth in Exhibit A, <br />attached hereto and made a part hereof, with such variations, <br />omissions, and insertions as may be permitted by the officers <br />executing the Note, which approval shall be conclusively <br />evidenced by such execution, in the principal amount of Three <br />Hundred Thousand Dollars ($300,000). The terms of the Note are <br />incorporated by reference herein. <br /> <br />. <br /> <br />2.4) Execution. The Note qhall be executed on behalf of <br />the City by the signatures of the Mayor and the City <br />Administrator-Clerk (or the Acting Mayor and an authorized <br />officer in place of the City Administrator-Clerk as provided in <br />Section 2.8 of this Resolution), and shall be sealed with its <br />corporate seal and shall be dated as of the date of its <br />delivery. In case any officer whose signature shall appear on <br />the Note shall cease to be such officer before the delivery <br />thereof, such signature shall nevertheless be valid and <br />sufficient for all purposes. <br /> <br />2.5) Mutilated, Lost, and Destroyed Note. In case the <br />Note shall become mutilated or be destroyed or lost, the City <br />shall cause to be executed and delivered a new Note of like <br />outstanding principal amount and tenor in exchange and <br />substitution for and upon cancellation of the mutilated Note, <br />or in lieu of and in substitution for such Note destroyed or <br />lost, upon payment by the holder of the Note (the Holder) of <br />the reasonable expenses and charges of the City in connection <br />therewith, and in case the Note is destroyed or lost, the <br />Holder filing with the City evidence satisfactory to the City <br />of such destruction or loss. <br /> <br />2.6) Reqistration of Transfer. The City will cause to be <br />kept at the office of the City Administrator-Clerk a Note <br />Register in which, subject to such reasonable regulations as it <br />may prescribe, the City shall provide for the registration of <br />transfers of ownership of the Note. The Note shall be <br />transferable upon the Note Register by the Holder thereof in <br />person or by its attorney duly authorized in writing, upon <br />surrender of the Note together with a written instrument of <br />transfer satisfactory to the City Administrator-Clerk, duly <br />executed by the Holder or its duly authorized attorney. Upon <br />such transfer the City Administrator-Clerk shall note the date <br /> <br />. <br /> <br />5. <br />