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<br /> (a) The amount nE~cessary in each year to pay <br /> the principal of and the interest on the Note is <br /> set forth in the Note. <br /> (b) The terms of the Financing Agreement and <br /> Deed of Trust provide that Peck shall cause the <br /> Project to be maintained in good repair and shall <br /> carryall proper insurance with respect thereto. <br /> (c) The revenues payable under the Financing <br /> Agreement are sufficient to pay, in addition to <br /> all other requirements of the Financing Agreement <br /> and this Resolution, all sums referred to in <br /> paragraph (a) of this section. <br /> (d) The Financing Agreement and Deed of <br /> Trust require Peck to pay the taxes, if any, which <br /> all taxing entities are entitled to receive with <br /> respect to the Project. <br /> Section s. The forms, terms and provisions of the <br /> Financing Agreement, the Deed of Trust, and the Investment <br /> Letter be, and they hereby are approved, and the Issuer <br /> shall enter into the Financing Agreement, substantially in <br /> the form attached hereto but with such changes therein as <br /> the officers of the Issuer executing such documents shall <br /> approve, their 'execution thereof being deemed conclusive of <br /> their approval of any such changes; and the Chairman of the <br /> City Council is hereby authorized and directed to execute <br /> and deliver such documents and the Clerk or Deputy Clerk of <br /> the Issuer is hereby authorized and directed to affix the <br /> 6 <br />