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<br />SECTION 3. No Additional Bond Approval. The City will approve <br />no future bond issues of CTHEA, unless and until it is finally <br />determined that payment of such funds to the City would cause interest on <br />the previously issued CTHEA bonds to be includable in gross income <br />of the holders thereof for federal income tax purposes. <br /> <br />SECTION 4. Copy of Resolution to CTHEA: Response Requested. A <br />certified copy of this Resolution shall be delivered to CTHEA, and <br />by this Resolution the City requests that CTHEA advise the City in <br />writing no later than August 28,1987, whether or not CTHEA will comply <br />with the requests set forth in Section 2 hereof. <br /> <br />SECTION 5. That this Resolution shall be in full force and effect <br />from and after its passage. <br /> <br />ADOPTED this 24th day of August, 1987. <br /> <br /> <br />E. Younger <br />Mayor <br /> <br />A~t~ø~ <br /> <br />JanlS K. Womack <br />City Secretary <br />