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<br /> <br />but no such transfer, assignment or delegation shall, without the written <br />consent and approval of the Corporation, relieve the User of its liabil- <br />ity for payment of Project Costs under paragraphs 5 and 7 hereof or <br />indemnification under paragraph 6. hereof. <br />This Agreement to Issue Bonds and accompanying authorizing reso- <br />lution shall be deemed and construed a resolution authorizing the issuance <br />the Bonds and other similar official action of the Corporation, acting <br />by and through its Board of Directors, toward the issuance of the Bonds <br />as herein contemplated. <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 Bayshore National Bank of La Porte, have caused this Agreement to <br />Issue Bonds to be executed and attested by their duly authorized officers <br />as of the year and date first above written. <br />CITY OF LA PORTS INDUSTRIAL <br />DEVELOPPIENT CORPORATION <br />By <br />ATTEST <br />Secretary <br />(SEAL) <br />ATTEST: <br />Cashier <br />(SEAL) <br />President <br />BAYSHORE NATIONAL BANK OF LA PORTS <br />By <br />-7- <br />President <br />