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1989-139
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1989-139
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Last modified
3/28/2022 12:26:14 PM
Creation date
3/28/2022 12:21:07 PM
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Resolutions
Resolution Number
1989-139
Approved Date
10/24/1989
Resolution Type
Authorizing the Issuance, Sale and Delivery of Bonds
Subject
Authorizing the Issuance, Sale and Delivery of Bonds of $913,000
Aggregatre Principal Amount of Industrial Development Revenue Bonds, Series 1989
to Profold, Inc. Project to finance costs of acquisition
and construction of manufacturing facility
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This County shall assign its interest in the Mortgage to the Trustee <br />as security for the Bonds by execution and delivery of an Assignment or, Mortgage <br />and Security Agreement in substantially the form attached to the form of the <br />Mortgage herein approved, which form is approved, together with such changes in <br />such Assignment as shall be approved by the officers of this County executing <br />the Assignment, their execution thereof to constitute conclusive evidence of <br />such approval. The County hereby authorizes and directs the Chairman of the <br />Board to execute, and its Clark to attest under the seal of the County, the <br />Assignment, and to deliver the Assignment to the Trustee, The provisions of the <br />Assignment when executed and delivered by the County as authorized herein shall <br />be deemed to be a part of this Resolution as fully and to the same extent as it <br />incorporated herein verbatim, <br />SECTION 13. The County <br />hereby authorizes and directs the Chairman of the Board to execute, and its <br />Clerk to attest under the seal of the County, the Bonds in such denomination or <br />denominations as shall be requested by the original purchaser, and to deliver <br />the same to the Trustee for authentication. The signatures of such officers of <br />this County upon the Bonds may be either manual or facsimile, and either the <br />seal of this County shall be impressed upon the Bonds or a facsimile of such <br />seal may be printed thereon. Proper officers of this County are hereby <br />authorized and directed to request authentication of the Bonds by manual <br />signature of a duly authorized representative of the Trustee and to authorize <br />the Trustee to deliver the fully authenticated Bonds to the purchaser thereof <br />10 - <br />
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