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<br />\ <br />\ <br />\~ <br />~ <br />\ <br /> <br />e <br /> <br />e <br /> <br />\ <br /> <br />NOW, THEREFORE, on behalf of the Applicable Unit, the <br />undersigned hereby: <br /> <br />1. approves the issuance by the Issuer of (a) Bonds in <br />an aggregate principal amount not to exceed $30,000,000 and <br />(b) Mortgage Credit. certificates in an aggregate amount not to <br />exceed 25% of the amount of the Issuer's allocation for the <br />issuance of single family mortgage revenue bonds not used for the <br />Bonds, in each case with respect to housing located within the <br />boundaries of the Applicable unit; <br /> <br />2. represents that this approval is adopted for the <br />purpose of satisfying the conditions and requirements of sections <br />25 and 147(f) of the Code; and <br /> <br />3. represents that this approval is not to be construed <br />as (i) a representation or warranty by the state of Texas, the <br />Applicable Unit, or any other political or municipal corporation or <br />subdivision of the state of Texas, that the Bonds will be paid or <br />that any obligations assumed by any of the parties concerned will <br />in fact be performed; (ii) a pledge of the faith and credit of or <br />by the state of Texas, the Applicable unit or any other political <br />or municipal corporation or subdivision of the state of Texas; or <br />(iii) a representation or warranty concerning the validity of the <br />corporate existence of the Issuer or the validity of the Bonds. <br /> <br />signature: <br /> <br />Printed Name: <br /> <br />Office: <br /> <br />County Judge 1--/ <br /> <br />Mayor <br /> <br />1--/ <br /> <br />Local Governmental unit: <br /> <br />1--/ County of <br />1--/ City of <br /> <br />Date of signature: <br /> <br />CCo <br /> <br />AUMAIN01 Doc: 18934.1 <br />Printed: 10-19-93 15:46 <br /> <br />r <br />'~,:::7 <br />~r <br />\~ - <br />\'I <br /> <br />~=\= <br /> <br />3 <br /> <br />