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• <br />• <br />• <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF CHARLOTTESVILLE, VIRGINIA: <br />1. The Council concurs with the resolution adopted by the <br />Authority and approves the issuance of the Bonds by the Authority <br />for the benefit of the Hospital, as required by Section 147(f) of <br />the Code and Section 15.1-1378.1 of the Code of Virginia of 1950, <br />as amended ("Virginia Code"). <br />2. The approval of the issuance of the Bonds does not <br />constitute an endorsement to a prospective purchaser of the Bonds <br />of the creditworthiness of the Bonds or the Hospital. <br />3. Pursuant to the limitations contained in Temporary <br />Income Tax Regulations Section 5f.103 -2(f)(1), this resolution <br />shall remain in effect for a period of one year from the date of <br />its adoption. <br />4. This resolution shall take effect immediately upon its <br />adoption. <br />Adopted by the City Council of the City of Charlottesville, <br />Virginia this 7th day of June, 1993. <br />(SEAL] <br />LAS. , CnG <br />C e k, City Council, City of <br />Ch rlottesville, Virginia <br />-2- <br />