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<br />.& <br /> <br />e <br /> <br />e <br /> <br />liability for payment of Project Costs under paragraphs 5 and 7 hereof <br />or indemnification under paragraph 6 hereof. <br /> <br />This Agreement to Issue Bonds and accompanying authorizing resolu- <br />tion shall be deemed and construed a resolution authorizing the issuance <br />of the Bonds and other similar official action of the Corporation, <br />acting by and through its Board of Directors, toward the issuance of the <br />Bonds as herein contemplated. <br /> <br />IN WITNESS WHEREOF, the City of La Porte Industrial Development <br />Corporation, acting pursuant to a resolution of its Board of Directors, <br />and La Quinta Motor Inns, Inc. have caused this Agreement to Issue Bonds <br />to be executed and attested by their duly authorized officers as of the <br />year and date first above written. <br /> <br />CITY OF LA PORTE INDUSTRIAL <br />DEVELOPMENT CORPORATION <br /> <br />By <br />President <br /> <br />A'ITEST: <br /> <br />Secretary <br /> <br />)>S'EAL) <br /> <br />-- <br /> <br />LA QUINTA MOTOR INNS, INC. <br /> <br />By <br />Title: <br /> <br />A'ITEST: <br /> <br />Title: <br /> <br />(SEAL ) <br /> <br />-7- <br />