Agreement to Issue the Bond Clause Samples

Agreement to Issue the Bond. In order to provide funds, as provided in the Bond Resolution, to finance the acquisition of certain real property and the acquisition and construction of certain improvements thereto for an economic development project (the “Project”) and pay the costs incident thereto, the Authority, in accordance with the Act, will issue the Bond, and all of the covenants, agreements and provisions hereof shall, to the extent provided herein and in the Bond Resolution, be for the benefit and security of the Bondholder. The Authority has delivered a certified copy of the Bond Resolution to the City.

Agreement to Issue the Bond. The Issuer, contemporaneously with the delivery of this Lease, is issuing the Bond to the Purchaser.