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• <br />NOTE RESOLUTION <br />(This Table of Contents is not a part of this <br />Resolution, but is included for convenience only) <br />TABLE OF CONTENTS <br />• <br /> Page <br />ARTICLE ONE - DEFINITIONS, LEGAL AUTHORIZATION <br />AND FINDINGS . ................................... 1 <br />Section 1-1. Definitions ...................... 1 <br />Section 1-2. Legal Authorization .............. 3 <br />Section 1-3. Findings ......................... 3 <br />Section 1-4. Authorization and Ratification <br /> of Project ....................._ 5 <br />ARTICLE TWO - NOTE ................................... 6 <br />Section 2-1. Authorized Amount and Form <br /> of Note .......................... 6 <br />Section 2-2. The Note ......................... 15 <br />Section 2-3. Execution ........................ 15 <br />Section 2-4. Delivery of Note ................. 15 <br />Section 2-5. Disposition of Note Proceeds..... 16 <br />Section 2-6. Registration of Transfer......... 16 <br />Section 2-7. Mutilated, Lost or Destroyed <br /> Note .... ........................ 17 <br />Section 2-8. Ownership of Note ................ 17 <br />Section 2-9. Limitation on Note Transfers..... 18 <br />ARTICLE THREE - GENERAL COVENANTS ..................... 19 <br />Section 3-1. Payment of Principal and Interest. 19 <br />Section 3-2. Performance of and Authority <br /> for Covenants ..................... 19 <br />Section 3-3. Enforcement and Performance of <br /> Covenants...... ................. 19 <br />Section 3-4. Nature of Security ................ 20 <br />ARTICLE FOUR - MISCELLANEOUS .......................... 21 <br />Section 4-1. Severability............ ........ 21 <br />Section 4-2. Authentication of Transcript...... 21 <br />Section 4-3. Registration of Resolution........ 21 <br />Section 4-4. Authorization to Execute <br /> Agreements ........................ 21 <br />SIGNATURES ... ......................................... 22 <br /> <br />