RESOLUTION R-20-076
Section 4. The City shall, and the officers, agents and employees of the City are hereby
authorized and directed to take such further action and execute such other documents, certificates
and instruments, as may be necessary or desirable to carry out and comply with the intent of this
Resolution, and to carry out, comply with and perform the duties of the City with respect to the
Agreement, the Escrow Agreement and the Energy Contract.
Section 5. The City has made certain capital expenditures in connection with the
acquisition of the Equipment prior to the date hereof, and the City expects to make additional
capital expenditures in connection with the acquisition of the Equipment in the future. The City
intends to reimburse itself for all or a portion of such expenditures, to the extent permitted by
law, with the proceeds of the Agreement or other tax-exempt obligations to be delivered by the
City. The maximum principal amount of the Agreement or other tax-exempt obligations
expected to be delivered for the Equipment is not expected to exceed $6,671,814.
Section 6. This Resolution shall take effect and be in full force immediately after its
adoption by the Board of Aldermen of the City.
