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the Bonds, in the aggregate principal amount of not to exceed $19,900,000, in the form set forth <br /> in the Indenture of Trust, pursuant to the terms set forth therein. <br /> Section 4. Sale of Bonds. The proposal of the Underwriter to sell the Bonds pursuant <br /> to the Underwriting Agreement at the price set forth in the Underwriting Agreement plus accrued <br /> interest, if any, is hereby accepted. The Underwriting Agreement shall be executed in the name <br /> and on behalf of the Development Corporation by the President or Vice President of the Board, <br /> but shall be delivered only upon execution thereof by the Company and the Underwriter. <br /> Section 5. Execution and Delivery of Bonds. The President or Vice President and <br /> Secretary of the Board of Directors of the Development Corporation are authorized and directed <br /> to execute by facsimile or manual signatures for and on behalf of the Development Corporation <br /> the Bonds as provided in the Indenture of Trust and to deliver such Bonds to the Trustee <br /> hereinafter named for authentication and thereafter to deliver the Bonds to the purchasers upon <br /> the simultaneous payment of the purchase price as specified in the Underwriting Agreement. <br /> Section 6. Appointment of Trustee. JPMorgan Chase Bank, New York, New York, <br /> is hereby designated as Trustee for the Bonds and further as the paying agent and bond registrar <br /> for the Bonds. The Development Corporation does request and authorize the Trustee on behalf <br /> of the Development Corporation to authenticate the Bonds, and the President or the Vice <br /> President of the Board is authorized to execute a formal request to authenticate the Bonds for and <br /> on behalf of the Development Corporation. <br /> Section 7. Further Documents and Certificates. The President, Vice President, <br /> Secretary and such other officers of the Development Corporation as may be appropriate, are <br /> authorized and directed to execute any and all documents and do any and all things determined <br /> necessary to effect the accomplishment of the issuance, sale and delivery of the Bonds and to <br /> -5- P\DOT\DOT19H 05/20/02 <br />