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better service at such rates and charges . <br /> Section 2 . The City Council of the City hereby approves <br /> the preliminary application for the Financing as submitted by <br /> the Hospital . <br /> Section 3 . The City Manager of the City is hereby <br /> authorized to execute and deliver the letter agreement in <br /> substantially the form attached hereto as Exhibit A. In <br /> accordance with the terms and conditions of said letter <br /> agreement, the City shall not be liable to any parties for the <br /> costs involved in the Financing, whether or not the Financing <br /> is consummated. <br /> Section 4 . The City Council of the City hereby authorizes <br /> the Hospital , Rothschild and Brown & Wood and authorizes and <br /> directs the City Attorney (or special counsel to the City at <br /> the option of the City) to commence preparation of installment <br /> purchase and sale agreements and all other documents and <br /> agreements necessary for execution by the City in connection <br /> with the Financing . Notwithstanding the foregoing, the City <br /> shall have th6 r;ght to terminate said proceedings at any time <br /> without liability. <br /> Section 5 . This Resolution shall take effect immediately. <br /> 3 <br /> 2963001/7 <br />