1. Resolution on MIDA Bond/NDSU - Laserfiche WebLink

3. Pursuant to a Loan Agreement between the County and the Company (the "Loan Agreement") the County will loan the proceeds of the Bonds to the Company. The basic payments to be made by the Company under the Loan Agreement are established so as to produce revenue sufficient to pay the principal of, premium, if any, and interest on the Bonds when due. The County will assign its rights to the basic payments and certain other rights under the Loan Agreement to the Trustee as security for payment of the Bonds under the Indenture. 4. Pursuant to a Bond Purchase Agreement (the "Bond Purchase Agreement") among the County, the Company and Allison-Williams Company (the "Purchaser"), the Purchaser will agree to purchase all of the Bonds upon the terms and conditions set forth therein and the Company will make certain representations and agree to indemnify the County and the Purchaser for any untrue statements or omissions contained in the Official Statement. 5. Under the provisions of the Act, and as provided in the Loan Agreement and Indenture, the Bonds are not to be payable from or charged upon any funds other than the revenue pledged to the payment thereof; the County is not subject to any liability thereon; nor shall the holder of any Bonds ever have the right to compel any exercise by the County of its taxing powers to pay any of the Bonds or the interest or premium thereon, or to enforce payment thereof against any property of the County except the interest of the County in the Loan Agreement which has been assigned to the Trustee under the Indenture; the Bonds shall not constitute a charge, lien or encumbrance, legal or equitable upon any property of the County except the interest of the County in the Loan Agreement which has been assigned to the Trustee under the Indenture; the Bonds shall recite that the Bonds are issued without obligation on the part of the State or its political subdivisions, and that the Bonds, including interest thereon, are payable solely from the revenues pledged to the payment thereof; and the Bonds shall not constitute a debt of the County within the meaning of any constitutional or statutory limitation. 6. Subject to the approval of the County's counsel, the forms of the Loan Agreement, the Indenture, the Bond Purchase Agreement and all other documents necessary for the issuance of the Bonds (the "Bond Documents") are approved. The Bond Documents are directed to be executed in the name and on behalf of the County by the Chairman of the Board of County Commissioners or other member of the County Commission and the County Auditor. Any other documents and certificates necessary to the transaction described above shall be executed by the appropriate County officers. Copies of all of the documents necessary to the transaction herein described shall be signed, delivered and filed as provided herein and in the Loan Agreement and Indenture. 7. The County shall forthwith proceed to issue its Bonds, bearing interest at a true interest rate not exceeding 6.50% and in such form and upon such other terms and conditions as set forth in the Indenture and the Bond Purchase Agreement. The Chairman of the Board of County Commissioners or other member of the County Commission and County Auditor are authorized and · directed to prepare and execute the Bonds as prescribed in the Indenture and to deliver them to the Trustee for authentication and delivery to the Purchaser. -2-