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<br />Section 1. ~ovals and Authorizations. The forms of <br />the Amending Documents are hereby approved. The Issuer also <br />hereby approves the sale and assignment of the proj ect to the <br />Borrower. The Mayor and the City Clerk are hereby authorized and <br />directed to execute the First Amendment to Loan Agreement, the <br />First Amendment to Bond, and the First Amendment to Promissory <br />Note and affix the seal of the Issuer thereto, and further to <br />execute and authenticate such other documents, instruments or <br />certificates as are deemed necessary or desirable by bond counsel <br />and Issuer's attorney in order to amend the Bond. Such documents <br />are to be executed in substi:mtially the form hereinabove approved, <br />provided that such documents may be completed, corrected or <br />revised as deemed necessary by the parties thereto in order to <br />carry out the purposes of this Ordinance. Copies of all of the <br />documents shall be delivered, filed and recorded as provided <br />therein. <br /> <br />The proper officers of the Issuer are hereby authorized <br />and directed to prepare and furnish to bond counsel certified <br />copies of all proceedings and records of the Issuer relating to <br />the amendment of the Bond and such other affidavits and certifi- <br />cates as may be required to show the facts relating to the <br />amendment thereof as such facts appear from the books and records <br />in such officers' custody and control or as otherwise known to <br />them. <br /> <br />The approval hereby given to the various documents <br />referred to above includes an approval of such additional details <br />therein as may be necessary and appropriate for their completion, <br />including interest rates and any numbers derived therefrom, and <br />such modifications thereto, deletions therefrom and additions <br />thereto as may be approved by bond counsel and Issuer's attorney <br />prior to the execution of the documents. The execution of any <br />instrument by the appropriate officers of the Issuer herein <br />authorized shall be conclusive evidence of the approval by the <br />Issuer of such instrument in accordance with the terms hereof. <br /> <br />- 18 - <br />