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Exhibit A <br /> RESOLUTION NO. <br /> A RESOLUTION of the Board of Directors of The <br /> Industrial Development Corporation of the City of <br /> Everett, taking official action with respect to the <br /> issuance of its nonrecourse revenue bonds in the <br /> amount of $6, 500, 000 to provide funds to finance <br /> the acquisition and installation of manufacturing <br /> facilities for Kohkoku USA, Inc. <br /> WHEREAS, pursuant to Chapter 300, Laws of Washington 1981, <br /> codified as Chapter 39. 84 RCW, as amended (the "Act" ) , Ordinance <br /> No. 866-82 (the "Ordinance" ) of the City of Everett (the "City" ) <br /> and the Charter of The Industrial Development Corporation of the <br /> City of Everett (the "Development Corporation" ) , the Development <br /> Corporation is authorized to issue its nonrecourse revenue bonds <br /> to finance industrial development facilities (as defined in the <br /> Act) under the conditions and limitations set forth in the Act; <br /> and <br /> WHEREAS, Kohkoku USA, Inc. , a Washington corporation (the <br /> "Company" ) , intends to undertake a project consisting of the <br /> acquisition and installation of manufacturing facilities, fully <br /> described in Exhibit 1 hereto (the "Project" ) within the bounda- <br /> ries of City, which Project constitutes an industrial development <br /> facility under the Act; and <br /> WHEREAS, the Board of Directors of the Development Corpora- <br /> tion deems it advisable for the Development Corporation (i ) to <br /> issue its nonrecourse revenue bonds (the "Bonds" ) for the purpose <br />