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88-068
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88-068
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8/8/2005 1:33:09 PM
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8/8/2005 11:25:13 AM
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<br />such means as shall be available to the Company <br /> <br /> <br />and in the manner determined by the Company, and <br /> <br />with or without advertisement for bids as <br /> <br /> <br />required for the acquisition and installation of <br /> <br /> <br />municipal facilities; <br /> <br /> <br />(f) it is desirable that the Bonds be <br /> <br /> <br />issued by the City upon the terms set forth in <br /> <br /> <br />,the Indenture; <br /> <br />(g) the basic payments under the Loan <br /> <br /> <br />Agreement are fixed to produce revenues <br /> <br /> <br />sufficient to provide for the prompt payment of <br /> <br /> <br />principal of, premium, if any, interest on, and <br /> <br />the purchase price of, the Bonds issued under the <br /> <br />Indenture when due, and the Development <br /> <br /> <br />Agreement, Loan Agreement, Regulatory Agreement, <br /> <br /> <br />Declaration and Indenture also provide that the <br /> <br /> <br />Company is required to pay all expenses of the <br /> <br /> <br />operation and maintenance of the Project, <br /> <br /> <br />including, but without limitation, adequate <br /> <br /> <br />insurance thereon and insurance against all <br /> <br /> <br />liability for injury to persons or property <br /> <br /> <br />arising from the operation thereof, and all taxes <br /> <br /> <br />and special assessments levied upon or with <br /> <br /> <br />respect to the Project Premises (as defined in <br /> <br />8 <br />
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