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, , - ... ." -. ' I I I RESOLUTION NO. 1980-55R 96 A [{LS(JI.l!TIUl~ .I~provillt; ..J11,J ~IClL'pl ill'; .J!) " A P P 1 i ,,' .! t i . 11 for l' ill. III eLL 1 l) d r lie i p ,_.It i l) Ll " ::i1!llllllClcJ byThermon Manufacturing Company i 11 r (d 1 [ i [) n loa n i 11 d I J ::i L r i J 1 d c v ~ I U pilI L~ n l pl-'Jjc('l; !'I.JI,dng ...J ClJllilllillllL'IlL to fin..JllCL' l \ I~: C [).':l l suE ~ u c h p n) j l: C t; ..I II d ..J P P r u v i n g .1 II d d II III [) r l ~ i Il g l h ~ ex e L' II till n u f a M L' III 0 ran - .tUII! u[ :\gn~elllL'nt in CUI\IH.:c.tiun thL:rt=with. WIIEl{EA:.. Thermon Manufacturing Co. (11l:L L'inafLL'C n.:ft:rn~d to ati the II Com p <.JII Y ") II a ~ ~ u b III i l t L' lJ t 0 L II L' C i [y U f Sun M u tOO C U ~ I n d u s t cia 1 DeveloplTIL'lll i:OL-PUL..Jtioll (hereindflcc caUL'J the "Cucpocationll) an IIApplil'ul illl) fo[- Financial Participation," to/'l:Lher with ccctain ,?thL.:r JOCUl~ll IllS. ~L'L'killf' fil\uncial il~si~t ulICL: fLOI~ the Corpocdtion 1n COllllecllul1 with lllL' acqul~iliull and COIl::itt-uetion of fucilil1e~ to be opcr~~L cJ _ unJ 111.1 i IltailwJ by tile COlllp..Jny (hereinaftcc n:~fclTeJ to a::i t h ~ P Ull C c t " ) u Il J U:oi e d p r u;; e hd i fI . i L::; tx d de 0 r b u ~ iJ: I e ~ ~ . to wit. for warehouse, prOQUct1on, -eng1.neer1.ng ot products related to Eneron and Caristra~ WHElU:AS, tile Eourd of Dir~ctors of th~ Corpuration h~reLy finds and dL'tl:cOIines that the Compdny has cOlliplied with the pre- li'111nary fi lll\~ n~quirements prescribed in th~ (")rpordtionl~ ':Local.Ke)2ul.JI ~on.::i fo~ Rectdving ..Jnd Approv~l1g AI~plical !/""S fOl- ~ in a nc) d 1'. I L" L 1 C 1 pdt L 011 i n 0 ~ vel 0 pLll L' n t 1" r 0 J e C t S ( the lh: g u 1 a t i u n s and any ccq i rC'IIeIHS which have nl)L b~t:1l llIet ar~. by the adoption Ileceof, wai. ,'J, dlld the Cumpany h..ls delllonstr.Jt~d \.-.lith r~dsoflaLle certainly tfl.lt (i) tilL' Projt:ct sUlight to be findnced by the CU[-- pur..ltion qUd I i ti~::i .JIlJ lllt:ets the requirelllL'nlS ot the Develop'llen[ Corporatioll Act of 1979 and will dcco,nplish the ~pecific public purpus~s of [II~ Corpur.Hion dllJ (ii) dll governlllcntdl approvals with re~pect La tilt:: Pruj~ct anJ the issuance of obligdtlons by lhe Coeporation, incl'JJing Lhuse re4.uir~ment~ spt::clfil.:d in the l{t::gul.j,- tiun, will bt..: oUL_lined; dnd \JIIUU~_\~~) Llk HUclCJ ot LJir<...c[~)rs lle Lh~ CurpUrdliul\ fUl-chcr finds and Jetcnnilles tlldl d cOll1mitment slloulJ be giv~n [0 the CompdllY to istiue lh~ bunJs of tile Cnrpordtion 1n such aggregdt~ principal dllluunt n~c~ssdry to fi ndnc~ clod pay the:: costs of acqui- s11:10n and COll:itcllction of the l'coj~ct (now ~stil1ldu:d to be $.~ ~~Dl1U) i thereEore, BE 1'1' RI':"-iOLVUJ j)'{ Till:: l)Ot\JH) uF LJIkLC'fOkS Ut-' TliE CiTY u',' SAN MA[H~US iNlIlIS'J'I< IAL DEVl:LOI'MErJ'l' CtlHI'OI{A'J'lON SECI_L<"IN_I_~ Thdt th~ "Application fur Fin-JncL:il Pdl-licipdLio submitted by tilt:: CUllIpuny is h~reby appl'oved and .jccept~d unJ the Corporat~on .sh.d 1 he dnd is h~rt.'by COllilflitteJ and agre~s in .Jccurd- a nee wit h L II l2 P r u vis ion S 0 f t h l: De v t:: lo pm L' 11 t Cor p Ll rat ion t\ c lot 1 9 7 I (the "Act") dS fullows: