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<br /> EXHIBIT "A" <br /> RESOLUTION OF THE CITY OF SAN MARCOS INDUSTRIAL DEVELOPMENT CORPORATION <br /> AUTHORIZING EXECUTION OF FIRST AHENDMENT TO <br /> LOAN AGREEMENI (STEWART & STEVENSON SERVICES, INC.) <br /> <br /> \olHEREAS, the Development Corporation Act of 1979, Article 5190.6, <br /> ernon's Annotated Texas Civil Statutes, as amended (the "Act"), author- <br /> izes and empowers the City of San ~1arcos Industrial Development <br /> Corporation (the "Corporation") to issue revenue bonds on behalf of the <br /> City of San Marcos, Texas (the "Unit"), to finance the cost of projects <br /> comprising land, buildings, equipment, facilities and improvements, <br /> found by the Board of Directors of the Corporation (the "Board") to be <br /> required or suitable for the promotion of manufacturing development and <br /> expansion and for the industrial development and expansion of industrial <br /> facilities and in furtherance of the public purposes of the Act; and <br /> w1-1EREAS, the Board adopted a resolution on April 22, 1980, pursuant <br /> to which the Corporation issued its Industrial Development Revenue <br /> wnds, Series 1980 (Stewart & Stevenson Services, Inc., Project) (the <br /> "Bonds"), in the aggregate principal amount of $8,500,000, pursuant to <br /> the terms and provisions of a Trust Indenture, dated as of April 1, 1980 <br /> (the "Original Indenture"), between the Corporation and Texas Commerce <br /> Ba~k National Association, as Trustee, ~n order to provide financing of <br /> the costs of acquiring and constructing the Project (as defined in the <br /> Original Indenture) to be owned and operated by Stewart & Stevenson <br /> Services, Inc., a Texas corporation (the "User"); and <br /> WHEREAS, the Corporation loaned the proceeds from the sale of the <br /> Bonds to the User to provide for the financing of the Project pursuant <br /> to the terms and provisions of a Loan Agreement, dated as of April 1, <br /> 1980 (the "Original Agreement"), by and between the Corporation and the <br /> User; and <br /> wlffiREAS, at the request of the User, the Corporation now desires to <br /> authorize the execution and delivery of a first amendment to the <br /> Original Agreement which would modify certain financial covenants of the <br /> User in the Original Agreement and to take and authorize certain other <br /> actions in connection with the foregoing; and <br /> WHEREAS, the governing body of the Unit has adopted or will adopt a <br /> written resolution specifically approving this resolution of the <br /> Corporation providing for the execution of such first amendment to loan <br /> agreement; and <br /> \ÆEREAS, the Board has been presented with and has examined the <br /> proposed form of such first amendment to loan agreement and the Board <br />