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(d) Guaranty Agreement; and <br /> <br /> (e) Pledge Agreement. <br /> <br />The forms of the documents listed in (a) through (e) above <br />are approved, with such variations, insertions and additions <br />as are deemed appropriate by the parties and approved by the <br />City Attorney. <br /> <br />Section 4. Authorizations. <br /> <br /> 4.01. Upon the completion of the Agreement~ and the <br />Pledge Agreement approved in Section 3.03 hereof and the <br />execution thereof by the Borrower and the Lender, as the <br />case may be, the Mayor or the Acting Mayor and the City <br />Administrator/Clerk shall execute the same on behalf of the <br />Issuer and shall execute the Note, in substantially the form <br />approved in paragraph 5.01 hereof, on behalf of the Issuer <br />and shall execute such other certifications, documents or <br />instruments as Bond Counsel or counsel for the Lender shall <br />require, subject to the approval of the City Attorney, and <br />all certifications, recitals and representations therein <br />shall constitute the certificates, recitals and representa- <br />tions of the Issuer. Execution of any instrument or docu- <br />ment by one or more appropriate officers of the Issuer shall <br />constitute and shall be deemed the conclusive evidence of <br />the approval and authorization by the Issuer and the City <br />Council of the instrument or document so executed. <br /> <br />Section 5. The Note. <br /> <br /> 5.01. Form and Authorized Amount. The Note shall be <br />issued in the principal amount of $380,000 substantially in <br />the form presented to the City Council and attached hereto <br />as Exhibit A, with such appropriate variations, omissions <br />and insertions as are permitted or required by this Resolu- <br />tion. The terms of the Note are set forth therein, and such <br />terms, including, but not limited to, provisions as to in- <br />terest rate, dates and amount of payment of principal and <br />interest and prepayment privileges, are incorporated by <br />reference herein. <br /> <br /> 5.02. Execution. The Note shall be executed on behalf <br />of the Issuer by the manual signatures of the Mayor or the <br />Acting Mayor and the City Administrator/Clerk and shall be <br />sealed with its corporate seal. The Note shall also be <br />authenticated by the manual signature of an authorized <br />officer of the Lender. In case any officer whose signature <br />shall appear on the Note shall cease to be such officer <br />before the delivery thereof, such signature shall, neverthe- <br />less, be valid and sufficient for all purposes. <br /> <br />- 7 - <br /> <br /> <br />