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[y <br />EXTRACT FROM MINUTES <br />OF ORANGE COUNTY INDUSTRIAL FACILITIES <br />AND POLLUTION CONTROL FINANCING AUTHORITY <br />The Orange County Industrial Facilities and Pollution <br />Control Financing Authority met at the Commissioners' Library in <br />Hillsborough, North Carolina at —:— . _.M. on September <br />1990., <br />Present: <br />Absent: <br />Also Present: <br />Mr. presented the following documents in <br />connection with the proposed issuance by the Authority of its <br />industrial development revenue bonds (Mebane Packaging <br />Corporation Project) Series 1990, in the aggregate principal <br />amount of $5,200,000. <br />A. Trust Indenture dated as of September 1, 1990 with form <br />of the Authority's Industrial Revenue Bond contained <br />therein. <br />B. Loan Agreement dated as of September 1, 1990 with form <br />of Promissory Note attached thereto. <br />C. Letter of Credit and Reimbursement Agreement dated as <br />of September 1, 1990 with form of Letter of Credit <br />attached thereto. <br />D. Deed of Trust and Security Agreement dated as of <br />September 1, 1990. <br />E. Security Agreement dated as of September 1, 1990. <br />F. Remarketing Agreement dated as of September 1, 1990. <br />G. Placement Agreement dated as of September 1, 1990. <br />H. Form of Purchase Contract dated as of September 1, <br />1990. <br />I. Tender Agency Agreement dated as of September 1, 1990. <br />Y <br />