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<br />September 23, 2008
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<br />prinLlp,t'.,LUJlljlOllcnt:; or the 1<.:lll,II::I .LHldcr (he Lcd.......: AglcClllClll :;,111111 not c:\t.:c<.:d ~,()()",o per
<br />annum, (Ill) the: final n\atllrlty dah' 01 the 13unds ;-lI1d 1Ill: CeliO ,II the I. case AgrC::O:lncnl ..halll1<)!
<br />extend hcyonll f)cn~mtK.r .\ 1, }O 1.0+. (iv I 'he dehl ""'fvi,',' paYIIH"lll<; due tH'Hkr the H')lHh Cunu (h...
<br />rCtllnl puynwnts under the LCH::Ie Agreement) shall Gll\Slsl "f lI11crc:;,t-only payments (tog,cthcr
<br />with ,lilY n.)~t<; and expenses) lllllillhc lTlillurily Jah: lhto"rcor, ell)" Iv) Iii..' plincip<l] <lIBOllnf ofthc
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<br />~~'~~:;" l~;:L):~~:~~ ~:,~'t~~C;.ll \~,I::]~~:lttl~;'-'~~l:~1 '~~l~::~~::~ I~ i"ll:~~I~~IC~:;lt~-I~P~;;'~\~~\l:~I;:l~)/I:~~
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<br />Supp0l1 Agreement by lhe ('ity M:1Jlagcr Of A<;<;rsC<lnl ('lIV r>..LU1"gco" <;h,,1I l"<ltl';'!.iluk e"Cld"~IVl'
<br />,:v;\I<:no:<: uf Ili,. ap]H"val "I' 'ou<:h o:nllll'lcll""~' on",,'.I<Jl\". IllS'" ti"ClS ,., ~'hal\g",,,
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<br />Fi" "'''' il1g J)"" ':'~\'~'l ~~.:,~' h~' ~}':'~I~':;e:;~:'~~,~'",~~~':~,~::1 ~" I ;;: d~',~~~;~~:;:~~" ,~'I,~"J I t~t~ I;,:,~,:::'~ (" r' the <>(11....
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<br />ReC~lgJl1/jng th~l! the obligallo;,,, "f lhe unJ':I lhe Sl'PP<Xl Agrccmcnl ~11l111 11\
<br />110 way ~'''l1sli(<ltc an ohlig,IIl<)1l or indL"bt<.'dn.'ss ,,( 111<" 11<>1' .1 pkd",.e "r lh<.' ful] (<lilh <llld
<br />credIt or tU1<..lllg power 01 \h<: Ctty, III lunh<..'mncc 01 the t<.,nllS aod ~'ondlll"rls <.,1 the K<:\'enuc
<br />Shanng AgrCCIO~llt. tlw Cily <lckfH,wlcdf,es 'Ind ,IJ',n'<.\~ \Iwt \ll;lt lUI 1I11",'atinll I" !ll~ ('11\ "j
<br />applu....III"lIdy,JJ".o "I' lllt" In;llup,,1 ;UlhHlllt "t tht" SCI'I"" -'\lllS 1{'''Ht 1<,,' llllrpo'.."S ,,1 St'l:l;'>!l
<br />2t>5(h)(J)iC)(Ill) uj th~ 11I1",ruul Revcllu" Cud~' III 1<)1.;<,. ,IS .11I"-'n<l",,, (the "C"de") LC1H"'''''-'Il''- ,I
<br />r.,"Hsonahlc all"'-'lltioll bearing a rca~<llh,hiL' rdati,,,,..llip t., Ill,' hl'ndit:.. t., lw r,'cei,'~d h" (ht" C;h
<br />In,'llllh~' i..~U'Ull'l' l)flh~' Sel'ie~ 200K Bund Ull'"nllc<."I<'ll ",Ill Ill" hflulll'ing "fllle Pn'-Jl~'-'[' 'Ih..,
<br />C'lly hcn,by ucs'!o!1\",te~ Ib n.:llsun:..blc l.IllUG.ltlul1 of the belldil~ to h.: l<.,.;ci\'<.'d fronl 111" i~lIafln:
<br />Ill' the Sc..ic~ lOOk !lund, a" "tllLUlificJ 1~1;..,.e,"<"lllpl uhli!}.lli<lll"" ji)[' 11l1' purpose "r Sl'ctilHl
<br />]1,'i(b)(J) "r lhc (',,(\<: rile ('II}' (t"gethe) ""11), ,ts ,,"hu..dIlWk "'l1tiucsj (\tlCS nol rca",ol1l1bh.
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<br />;I:,~ ~~ :;::~ ~~!,;i ~:.l: :l~.l~ c n,:~:'~v: :;',1 \1), ~, ~~J; I J,~~: ;~~;~,: ~ ~ ~:::: 1 ~I;:; a']l,': ~ ~~' ~ :'; 'I'~~ (' ~') \).I,!,\~:;: \ 7.:::t:: i ~1~:'1 ~',:', : l\'~ ;:i <,,~
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<br />Ihc ('>)<.k) dUl'lllg l'ulcnu..." ,,'e,1l ~UU~. anti the l'lly (Iugdhcl "HIll 11:1 slIb\'l'd,Hlll\' culilies) hilS lI"t
<br />alll.! ,,,ill lIot designate 1I10lC thun 1.1 O.Ol.K!,OOO of 'lll,d,lkd t<l:>'-';'X,'Jllllt oh11ll',alloll'; p"r"U,lIlt I.,
<br />s\.~.t'''1l J(.~nlil.') "ft!." {'"d~, d"I'"I"K ';\Id. <'aklld.,,' ~,"'''r II,,' ('ll\' "1"nCll1~'r Jlnd A"s,,,{a<11 (';ly
<br />r\'h.nd}o!;.<" 1\1'<: """,,'h I".:n:l,\-' a\,ttl<.n..-cd "lid di'c~tcd C" "'''~'\'U\\- .<-ll.! Jdi\'.." a bOlllK.yu,lliti":,lh'''l
<br />aII<K"tl'''lll~'<:elnenl or Slll1llul' "g'CO:ll'CIlt llC"C::;~"I''' t,. furthcl "n,-',:lU"I'.' Iii" r.n.::guing
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<br />It I.S the prescnt IIltCllI"", "I tIll' ('il" t ""lJ1LlI lu d""'i'-Jl.'l~' .Il' "llo~;."i"Ll In (Ii..
<br />('ily of ,lppruxilllatdy -',1""0 ut Ihe :-:>eri,'<-; 2\)0') li"Il.!:I'; "'jlJdllti",d t",-c'<.t"lnpt ohllg;l11<1Ils" I",
<br />pllIv"ses <>1 S~'ctioll ~h5lh){Jl\(")(IH) "Ilh,' (',Hk """~. (Ic" Se"l's '.!OO" HOlld IS Issued III }OIM
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<br />I'lle t. 'It) Coulll'll. wIllie 'c""gn'/In~, Ul<.! It l~ nul l'lnl"'\~<"IC-d to nwt-;l' uny hLll,lIn!,!
<br />UHlllllitlllC'I( to llhlKC llppr'Opl'I;II'UI''; U.lHk, the SUPI'",t ..-\gl<':Clll"lll III t\!tllI'C '-'s<.,,,1 ,>,c,,,.s. hen:b"
<br />.\'1111<.:" n.\' 1I1tellt IOlllakc :llId, apI'IOpl'lalt'"" ,n IUllue r,\'~;,1 '.....ll'. ,111,1 IIcleln' rc...ofl'''I<:II<h Ill;!!
<br />tuture C'lty ('oullcils d.lllkcW1SC duriOf! Ih..- lcnn nl the SUf"lI'OI1 A~rCCIl1CI11, The
<br />.u,d A'''"..~['1Il1 Ci(y M,"','gn' un' hen'hy .}llth.'r;,....,! ..nd .Ii,,'.:!':.! I.. ~','n'" nUl Ih~'
<br />""1"''''''.1 ,'" lhc," I,)' II,,,, :-;'''1'1''''' i\gl"'C",,,.,,( .....t'Jc.,' !,. ,I", 1,"''''. .ll,d c'""d,("",s ,oj tI"..
<br />Resolulll'"
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<br />nllS 1<.~"d"ll()l\ ,,11'111 !:\l<e .,lk<.1 II,utL<'d"\I,,'h
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<br />tl,,' Llndc""'~',1\cd ,.'I<elk "1 '''<" C;,~ ('."",,\1
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<br />,hd y ",,1','lned b~. "
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<br />On a motion by Gene Teague, seconded by Mark Stroud, with a 3-1 vote, with Council
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<br />Member Turner dissenting, Council authorized the City Manager or Assistant City
<br />Manager to sign the following Bank Qualification Allocation Agreement:
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