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., <br />., <br />20�106937 <br />2d04�.�247 <br />The City covenants that it shall not take or omit any action that would have the effect of <br />causing interest on the Building Bonds issued by Heartland for the Project to be no longer <br />excluctable from gross income under the Code. <br />The City covenants that it will take any acrian necessary to establish exemption of the <br />Project from property taxes. <br />The City covenants that it will, before the Building Bonds aze issued, adopt a resolution. <br />stating that it will accept title to the Project when the Building Bonds aze discharged consistent <br />with the requirements of Rev. Proc. 82-26. <br />The City Covenants that it will approve Heartland and the Building Bonds and adopt a <br />resolution approving the purposes and activities of Heartland and the specific obligations to be <br />issued by Heartland consistent with the requirements of Rev. Proc. 82-26. <br />2. Exc�pt as specifically modified by this Addendum to Agreement, a11 other <br />terms and provisions of the Lease Purchase Agreement previously executed by and <br />between the City and Heartland shall remain in full force and effect. <br />Dated: ,���5+ r� L , 2003. <br />U <br />ATTEST: <br />-•I��� _, /i��� <br />• . � <br />CITY O.� GRAND IS�LAND, NEBR.ASKA, <br />Mayor <br />A'TTEST: <br />������� <br />Hugh Miner, Jr., Secretary <br />FONNER PARK EXPOSITION AND EVENTS <br />CENTER, INC. <br />; <br />s t,�-.- , <br />Brian Hamilton, President <br />6 <br />