ANNE ARUNDEL COUNTY

4633

shall consist of: (i) the construction of an approximately
90,000 square foot building containing offices, a bottling area,
a storage area and a truck parking garage on an eleven acre tract
of land presently owned by the Borrower and located at Riva Road
in Anne Arundel County (the "Land"); (ii) the construction on the
Land of an approximately 10,000 square foot building containing a
truck repair facility and a vending installation and repair
facility; (iii) the acquisition and installation of certain
equipment and machinery that is necessary or useful in connection
with the operation of the buildings described in (i) and (ii)
above (the "Buildings") and the other improvements on the Land
including the construction of driveways and parking areas; (iv)
the acquisition of such interests in land as may be necessary or
desirable for such Buildings together with roads, other rights of
access, utilities and other necessary facilities; (v) the
necessary costs of preparing, printing, selling and issuing of
the bonds or other obligations; (vi) the funding of reserves; and
(vii) the payment of interest with respect to such financing or
to refund outstanding bonds issued under the Act, all as provided
in this Resolution; making certain findings and determinations,
among others, concerning the public benefit and purpose of the
revenue bonds and other obligations authorized to be issued
hereby; providing that this Resolution shall constitute the
present intent of the County to issue the revenue bonds and other
obligations so authorized and that the authority and present
intent of the County to issue revenue bonds and other obligations
pursuant to this Resolution shall be of a limited duration, and
making provision for the extension of the authority contained
herein; authorizing the County Executive of the County to accept,
on behalf of the County, the letter of intent to the County from
the Borrower dated April 17, 1985; providing that such revenue
bonds and other obligations (i) shall be payable solely from
revenue derived by the County in connection with the financing of
the facility, including (without limitation) loan repayments
(both principal and interest) made to the County by the Borrower
or from the proceeds of bonds or other obligations issued for the
purposes of refunding other obligations, and (ii) shall not ever
constitute, within the meaning of any statutory limitation,
constitutional or charter provision or otherwise (a) an
indebtedness of the County or (b) a charge against the general
credit or taxing powers of the County; providing the maximum term
of maturity for the bonds or other obligations issued pursuant to
this Resolution; authorizing the County Executive of the County,
or the Director of Administration, Deputy Director of
Administration, Budget Officer or Controller of the County, with
the approval of the County Executive of the County, to specify,
prescribe, determine, provide for or approve certain details,
forms, documents or procedures in connection with the bonds or
other obligations issued hereunder and the loan of the proceeds
of such bonds or other obligations to the Borrower and any other
matters necessary or desirable in connection with the
authorization, issuance, sale and payment of such revenue bonds
or other obligations; authorizing the County Executive, or the
Director of Administration, Deputy Director of Administration,
Budget Officer or Controller of the County, with the approval of