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<br />business enterprises to finance the acquisition, construc- <br />tion, and installation of facilities constituting a "proj- <br />ect," as defined in the Act, and to make all contracts, <br />execute all instruments, and do all things necessary or con- <br />venient in the exercise of such authority. <br /> <br />3.02. Preliminary Ci ty Approval. By resolution duly <br />adopted by the City Council on July 23, 1985, after a public <br />hearing held on that date, this City Council gave prelimi- <br />nary approval to financing the the acquisition, construc- <br />tion, and installation of the Project through the issuance <br />of the Note. - <br /> <br />3.03. Approval of Documents. Pursuant to the fore- <br />going, there have been prepared and presented to the City <br />Council copies of the following documents, all of which are <br />now or shall be placed on file in the office of the Ci ty <br />Clerk-Treasurer: <br /> <br />(a) the Agreement; <br />(b) the Mortgage and the Assignment; <br />(c) the Pledge Agreement; and <br />(d) the Construction Loan Agreement. <br /> <br />The forms of the documents listed in (a) through (d) above <br />are approved, and the officers of the City are hereby autho- <br />rized to execute the same with such variations, insertions, <br />and additions as are deemed appropriate by such officials, <br />as evidenced by their execution thereof. The documents <br />listed in (b) above, being documents to which the City is <br />not a party, will not be executed by the City. <br /> <br />Section 4. Authorizations. <br /> <br />4.01. Upon the completion of the Agreement, the Pledge <br />Agreement, and the Construction Loan Agreement approved in <br />Section 3.03 hereof and the execution thereof, the Ci ty <br />officials are authorized to execute and deliver the Note, in <br />substantially the form approved in paragraph 5.01 hereof, <br />and the officers of the-City are authorized to execute such <br />other certifications, documents, or instruments as Bond <br />counsel shall require, and all certifications, recitals, and <br />representa tions therein shall consti tute the certi fica tes, <br />recitals, and representations of the City. Execution of any <br />instrument or document by one or more appropriate officers <br />of the Ci ty shall consti tute and shall be deemed the con- <br />clusive evidence of the approval and authorization by the <br />City and the City Council of the instrument or document so <br />executed. <br /> <br />- 5 - <br />