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ooh <br /> Purchaser and the Company, providing for the issuance and <br /> sale of the Bond; <br /> 6. approved the form of the Security Agreement, to be <br /> dated as of July 1, 1986, by and between the Company and the <br /> Authority; <br /> 7. approved the form of the Deed of Trust, to be dated <br /> as of July 1, 1986, from the Company to Charles E. Harris as <br /> trustee for the benefit of the Authority; and <br /> 8. approved the form of a Guaranty Agreement, to be <br /> dated as of July 1, 1986, from the Company to the Purchaser. <br /> 9. approved the form of a Guaranty Agreement, to be <br /> dated as of July 1, 1986, from Mr. and Mrs. Jerome J. <br /> Richardson to the Purchaser. <br /> (b) The Board of Commissioners for the County of Orange has <br /> reviewed the action to be taken by the Board of Commissioners of <br /> the Authority in connection with the issuance and sale of the Bond <br /> and has made such other examination and investigation as it deems <br /> necessary and relevant as the basis for the approval set forth <br /> herein. <br /> Section 2. Pursuant to and in satisfaction of the require- <br /> ments of Section 159C-4(d) of the General Statutes of North <br /> Carolina, the Board of Commissioners for the County of Orange <br /> hereby approves the issuance by the Authority of its Industrial <br /> Revenue Bond (Isotechnologies, Inc. Project) in a principal amount <br /> not to exceed $1,500,000. <br /> 3 . <br />