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Exhibit "A" RESOLUTION OF CITY OF SAN NARCOS It-.TDUSTRIAL DEVELOPHENl CORPORATION AUTHORIZING ISSUANCE OF BONDS AJl.TD APPROVING DOCU1'lENTS ~~REAS, the Development Corporation Act of 1979, Article 5190.6, Vernon' s Annotated Texas Civil Statutes, as amended (the "Act"), authorizes and empowers the City of San Marcos Industrial Development Corporation (the "Corporation") to issue revenue bonds on behalf of City of San Marcos (the "Unit"), to finance the cost of projects comprising land, buildings, equipment, facilities and improvements, found by the Board of Directors of the Corporation (the "Board") to be required or suitable for the promotion of manufacturing development and expansion and for the industrial development and expansion of industrial facili- ties and in furtherance of the public purposes of the Act; and ~~REAS, the Board adopted a resolution on Narch 6, 1981, pursuant to which a certain Memorandum of Agreement between the Corporation and Mensor Corporation, a Texas corporation (the "User"), a portion of the stock of which is owned by Lynn S. Hunt and Jerry L. Fruit (the "Guarantors"), was executed and delivered, whereby the Corporation agreed to provide for the financing of the cost of the User's project (the "Project") which was initially described in Exhibit "A" to said Memorandum of Agreement and is more fully described in Exhibits A and B to the Loan Agreement between the Corporation and the User referenced below, in accordance with the provisions of the Act; and ~~REAS, for purposes of financing the cost of the Project, the Corporation now desires (i) to authorize the issuance of its Industrial Development Revenue Bonds, Series 1982 (Mensor Corporation Project) (the "Bonds"), in the maximum aggregate principal amount of $1,500,000, pursuant to the terms and provisions of a trust indenture, (ii) to provide for the sale of the Bonds to the purchasers described herein, (iii) to provide for the payment of the principal of and premium, if any, and interest on the Bonds with revenues derived from the loan of proceeds of the sale of the Bonds to the User to finance the costs of the Project pursuant to the terms and provisions of a loan agreement and (iv) to take and authorize certain other actions in connection with the foregoing; and WHEREAS, on February 22, adopted a written resolution the Corporation providing for 1982, the governing body of the Unit specifically approving this resolution of the issuance of the Bonds; and WHEREAS, the Board has been presented with and has examined pro- posed forms of a trust indenture, a loan agreement, a collateral assignment and security agreement and a letter of representation, and