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_ T __•.. ._.,,,_ <br /> • <br /> • <br /> . <br /> Lessor under the tars and conditions of the Ground Lease, (Li) <br /> the provision of water to the Golf Course under the terms and <br /> condition.' of the Water Agreesent, and (Ili) the oonstrootion, <br /> other acquisition, and equipment of the Golf Course and the . <br /> leasing and subleasing of the Project (as defined in the Lease) <br /> from the Lessor under the terns and provisions sot forth in the <br /> Lease, are necessary, convenient, and in furtherance of the <br /> governmental purposos of the City, and are in the best interests <br /> of the City and its citizens and inhabitants, and the Council <br /> hereby authorizes such lease of the Site, such prevision of wee, <br /> such oonstractiors, other acquisition, and •gaipwent of the golf <br /> course, and such leasing and subleasing of the Project, under tht •y g•'� <br /> teas adrd peovisiows of tLap., Qagu4 irsaM, the; iiot.+s1E .o'` •Y a <br /> section 3. <br /> •M <br /> Incises. The Ground Lease, the Water Agreement, and the Lease <br /> in substantially the foul presented at this meeting of the '. <br /> Council, are in all respects approved, authorised, and confirmed, <br /> and the Mayor of the City is authorised and directed to affix his <br /> signature to the Ground Lease, the Mater Agreement, and the Lease <br /> in substantially the forms and with substantially the same content . <br /> as presented at this Ming of the Council, for and on behalf of <br /> the City, and thereafter the City shall be bound by the provisions <br /> thereof. <br /> Section 4. haysma.pLangsigana. The Council hereby <br /> approves the execution and delivery by the Lessor and the Trustee <br /> of the Indenture, in substantially the form and with substantially <br /> the same content as presented at this meeting of the Council. <br /> Section S. AMMO of Certificate . <br /> The Council hereby approves and authorizes the sale of the <br /> Certificates to the Underwriter for a parches* price of $4,209,4oe <br /> (LE.; a discount of $130,200), lees issuance expenses of $3!,700, <br /> plus accrued interest from the dated date thereof to the date of <br /> issuance and delivery of the Certificates, and upon the other <br />