4656

COUNTY LOCAL LAWS

approximately one mile from Dorsey Road near Baltimore Commons
Business Park in the County to be used as, a warehouse, light
manufacturing and/or office and research facilities (which
facility is to be leased by the Borrower to a certain tenant or
tenants yet to be determined), (ii) the necessary costs of
preparing, printing, selling and issuing of the bonds or other
obligations, (iii) the funding of reserves, and (iv) the
payment of interest with respect to such financing or to refund
outstanding bonds issued under the Act (collectively, the
"Facility"), to be leased to one or more facility users pursuant
to one or more lease agreements for use as a warehouse, light
manufacturing and/or office and research facilities, in order to
(1) provide that the Bond and other financing documents approved
and authorized pursuant to Resolution No. 159-83 be amended to
change the amortization of principal and the maturity date on the
Bond; (2) provide that the Bond and other financing documents
approved and authorized pursuant to Resolution No. 159-83 be
amended to add a call provision on the Bond for the benefit of
Anne Arundel County, its successors and assigns; (3) authorize
the execution and delivery on behalf of the County of amendments
to the Bond and other financing documents; (4) generally provide
for and determine various matters and details in connection with
the consummation of the transactions contemplated by this
Resolution; and (5) provide that the findings and determinations
made in Resolution No. 159-83 and the County Certificate are
hereby confirmed with respect to the amendments authorized by
this Resolution.

Approved December 11, 1985.

Resolution No. 103-85

A RESOLUTION for the purpose of authorizing, providing for,
and approving certain changes and modifications to the
transaction authorized by Resolution No. 89-82, adopted by the
County Council of Anne Arundel County, Maryland on August 16,
1982 and approved by the County Executive of Anne Arundel County,
Maryland on August 17, 1982, which authorized, among other
things, the issuance by Anne Arundel County, Maryland (the
"County") of its Anne Arundel County, Maryland Industrial
Development Revenue Bonds (The Empire Medical Building Project),
1982 Series (the "Bond"), in the aggregate principal amount not
to exceed $4,000,000, the proceeds of which were to be loaned to
Arundel Venture, a Maryland general partnership, to finance,
among other things, (i) the acquisition and construction of a
building containing approximately 82,000 square feet (the
"Building") on a tract of land (the "Land") containing
approximately 4.5 acres known as 200 Hospital Drive, Glen Burnie,
Maryland across from North Arundel General Hospital, (ii) the
acquisition of equipment and machinery necessary and useful in
connection with the Borrower's or other tenants' operation of the
Building, and (iii) the acquisition of such interests in land as
may be necessary or desirable, together with roads, other rights