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RESOLUTION OF GOVERNING BODY <br />WHEREAS, the Industrial Development Authority of the <br />County of Henrico, Virginia (the Authority), on January 17, 1985, <br />adopted an inducement resolution (the Resolution), a copy of <br />which is attached hereto, for the benefit of Virginia Hospital <br />Association, a nonprofit association (the Association), wherein <br />the Authority has agreed to assist the Association in financing <br />the acquisition of certain real and personal property, including <br />the purchase of certain equipment and the acquisition and con- • <br />struction of certain improvements for lease or sale to various <br />• nonprofit hospitals throughout Virginia and for the financing of <br />indebtedness previously incurred by nonprofit hospitals to ac- <br />quire such real or personal property (collectively, the Project), <br />through the issuance of its medical facilities revenue bonds; and <br />WHEREAS, the Authority proposes to issue its Hospital Fa- <br />cilities Adjustable Rate Revenue Bonds (the Bonds) in an amount <br />up to $50,000,000 to finance the Project; and <br />WHEREAS, Section 15.1-1378 of the Code of Virginia of <br />1950, as amended, states that an industrial development authority <br />may not finance facilities in another jurisdiction that has an <br />industrial development authority "unless the governing body of <br />such county, city or town in which the facilities are located or <br />are proposed to be located, concurs with the inducement resolu- <br />tion adopted by the authority, and shows such concurrence in a <br />duly adopted resolution"; and <br />