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tions as are deemed"appropriate by the parties and <br />approved by the city Attorney. <br /> <br />Section 4. Authorizations. Upon the completion of the <br />Loan Agreement .and the Pledge/Disbursement Agreement, <br />approved in Section 3.3 hereof, and execution-thereof by <br />the Borrower and the Lender, as the case may be, the Mayor <br />and the City Clerk shall execute the same on <br />behalf of the City and shall execute the Note in substan- <br />tially the form as set forth in Exhibit A attached hereto <br />on behalf of the City, and shall execute such other certi- <br />fications, documents or instruments as bond counsel or <br />counsel for the Lender shall require, subject to the <br />approval of the City Attorney, and all certifications, <br />recitals and representations therein shall constitute the <br />certificates, recitals and representations of the City. <br />Execution of any instrument or document by one or more <br />appropriate officers of the City shall constitute, and <br />shall be deemed the conclusive evidence of, the approval <br />and authorization by the City and the Council of the <br />instrument or document so executed. In the absence or <br />disability of the Mayor, any of the documents authorized <br />by this resolution to be executed, shall be executed by <br />the acting Mayor, and in the absence of the City <br />Clerk, by such officer of the City who, in the opinion of <br />the City Attorney, may execute such documents. <br /> <br />Section 5. The Note. <br /> <br />5.1. Form and Authorized Amount of Note. The Nots shall <br />be issued substantially in the form set forth in Exhibit A <br />attached hereto and made a part hereof, with such appro- <br />priate variations, omissions and insertions as are permit- <br />ted or required by this resolution, in the maximum princi- <br />pal amount of $450,000, or so much as may be advanced <br />thereunder in payment of Project Costs. The terms of the <br />Note are set forth in Exhibit A attached hereto, and such <br />terms, including but not limited to interest rate, dates <br />and amount of payment of principal and interest and pre- <br />payment privileges, are incorporated by reference herein. <br /> <br />5.2. Execution. The Note shall be executed on behalf of <br />the City by the signatures of the Mayor and the City <br />Clerk, and shall be sealed with its corporate <br />seal. In case any officer whose signature shall appear on <br />the Note shall cease to be such officer before the deliv- <br />ery thereof, such signatures shall nevertheless be valid <br />and sufficient for all purposes. <br /> <br />-5- <br /> <br /> <br />