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<br />e <br /> <br />e <br /> <br />the aggregate principal amount of bonds to be issued for the La Porte <br />Facilities to not exceed $8.000,000. <br /> <br />3. The Company shall (i) be responsible for and pay any and all <br />costs of the La Porte Facilities incurred by it prior to issuance of the <br />Bonds and will pay all such costs which are not or cannot be paid or <br />reimbursed from the proceeds of the bonds and (ii) at all times. indem- <br />nify and hold harmless the City and its governing body against all <br />losses, costs. damages, expenses and liabilities of whatsoever nature <br />(including but not limited to attorneys' fees. litigation and court <br />costs. amounts paid in settlement and amounts paid to discharge judg- <br />ments) directly or indirectly resulting from. arising out of or related <br />to the issuance, offering. sale or delivery of the Bonds. or the design. <br />construction. installation, operation. use. occupancy, maintenance or <br />ownership of the La Porte Facilities. <br /> <br />4. This Resolution shall be deemed and construed as a resolution <br />authorizing the issuance of the aforesaid bonds or some other similar <br />official action toward the issuance of the bonds within the meaning of <br />26 C.F.R. Section 1.103-8(a)(5). <br /> <br />c;:z:l <br />PASSED AND APPROVED this L day of June, 1986. <br /> <br />J <br /> <br />I . I ~ <br /> <br />CITY OF LA PORTE <br /> <br />, <br />, <br />/ <br />./ <br />1 <br />II <br />I, <br />I) <br />I, <br />\" <br /> <br />, . <br /> <br />By4~$z 1L~ <br /> <br />ATTEST: <br /> <br />By Jj~/ ~L,L <br /> <br />City Secretary <br /> <br />APPROVED: <br /> <br /> <br />By 6:;6X z:J d~ <br /> <br />City Attorney <br /> <br />-2- <br /> <br />" <br />