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5/23/1984
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5/23/1984
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/23/1984
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amounts sufficient for such purposes. Further, an <br />amount sufficient to pay the costs and expenses incurred <br />in connection with the issuance and sale of the Bonds <br />may be deposited in a separate Expense Account and dis- <br />bursed under the Escrow Deposit Agreement, if not paid <br />under C above." <br />SECTION 5. Section 25 of said Resolution is hereby renum- <br />bered Section 26 and there is hereby created a new Section 25 to <br />read as follows: <br />"SECTION 25. REPEAL OF INCONSISTENT RESOLUTIONS. <br />All resolutions or parts thereof in conflict herewith <br />are hereby repealed to the extent of such conflict <br />except the resolution authorizing the issuance of the <br />Junior Lien Bonds. If upon delivery of the Bonds or any <br />portion thereof, herein authorized, and of the Junior <br />Lien Bonds, if any are issued, it shall be determined <br />that any remaining unissued portion of the Bonds and/or <br />the Junior Lien Bonds, if any, are not necessary to pay <br />costs of the refunding and of the Project herein <br />authorized, then the authorization for.such portion of <br />the Bonds and/or the Junior Lien Bonds remaining <br />unissued shall thereupon be cancelled and rescinded by <br />subsequent resolution of the Board." <br />SECTION 6. This resolution shall take effect immediately <br />upon its adoption. <br />0 <br />-3- <br />MAY 2 3 1994 BOOK 57 PA 192 <br />L <br />
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