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03-28-2000 Minutes
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03-28-2000 Minutes
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<br />F20000152 <br /> <br />BEFORE THE BOARD OF COUNTY SUPERVISORS <br />OF HALL COUNTY, NEBRASKA <br /> <br />RESOLUTION AUTHORIZING AND ) <br />APPROVING THE ISSUANCE, SALE AND ) <br />DELIVERY OF $500,000 OF THE ) <br />COUNTY'S INDUSTRIAL DEVELOPMENT ) <br />REVENUE BONDS (YOUNG WOMEN'S ) <br />CHRISTIAN ASSOCIATION OF GRAND ) <br />ISLAND, NEBRASKA PROJECT), SERIES ) <br />2000; ADOPTING, RATIFYING, ) <br />APPROVING, CONFIRMING AND ) <br />AUTHORIZING THE EXECUTION AND ) <br />DELIVERY OF A LEASE AND ) <br />AGREEMENT, A TRUST INDENTURE, A ) <br />DEED OF TRUST AND SECURITY ) <br />AGREEMENT, AND CLOSING ) <br />DOCUMENTATION; DELEGATING, ) <br />AUTHORIZING AND DIRECTING THE ) <br />CHAIRMAN, VICE CHAIRMAN, CLERK ) <br />AND DEPUTY CLERK TO EXERCISE ) <br />THEIR OWN INDIVIDUAL INDEPENDENT ) <br />DISCRETION AND JUDGMENT IN ) <br />DETERMINING AND FINALIZING THE ) <br />TERMS, PROVISIONS, FORM AND ) <br />CONTENTS OF EACH OF SUCH ) <br />DOCUMENTS; AND PERTAINING TO ) <br />CERTAIN OTHER RELATED MATTERS. ) <br /> <br />RESOLUTION NO.'\() -00,),,5 <br /> <br />BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF <br />HALL, NEBRASKA, as follows: <br /> <br />SECTION 1. Approval of Lease and Agreement. The Lease and Agreement to be <br />entered into between the County and Young Women's Christian Association of Grand <br />Island, Nebraska (the "Company"), dated the date of its execution and delivery (the "Lease <br />Agreement"), in the form or substantially the form appended hereto as Attachment 1, but <br />with such changes, modifications, amendments, revisions and alterations therein, thereof <br />or thereto as the Chairman or Vice Chairman shall in the exercise of his or her own indi- <br />vidual independent judgment and absolute discretion determine to be necessary, proper, <br />appropriate, advisable or desirable in order to effectuate the issuance, sale and delivery <br />of$500,000 in principal amount ofits Industrial Development Revenue Bonds, Series 2000 <br />(Young Women's Christian Association of Grand Island, Nebraska Project) (the "Bonds"), <br />be and the same is hereby authorized, adopted, specified, accepted, ratified, approved and <br />confirmed. <br /> <br />342063.1 <br /> <br />-3- <br />
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