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RES 1987-02 MT ECONOMIC DEVELOPMENT BOARD RESOLUTION NO. 2 -$7 BOAR13 INTERMEDIATE TERM CAPITAL. PROGRAM (INTERCAP) Exhibit B Form of Commitment Agreement Resolution A RESOLUTION RELATING TO THE MONTANA ECONOMIC DEVELOPMENT BOARD'S INTERCAP PROGRAM; APPROVING AND AUTHORIZING PARTICIPATION THEREIN AND APPROVING THE COMMITMENT AGREEMENT Be It Resolved By The Governing Body of Jefferson Count the Participant), as follows: Section 1. The Montana Economic .Development Board (the Board) - -- -- has established an Intermediate Term Capital Program (INTERCAP) _- pursuant to which it proposes to issue Bonds for the purpose of financing capital projects for Montana cities and --towns (Local - Government Units). Section 2. The Board has required that the Participant evidence =- _ its intention to participate in INTERCAP by executing returning to- the Board a Commitment Agreement_ - (the Agreement) - ,.', - the - 'form -of which has been presented to and reviewed --by the - Governing - -- -Body; ---and -a - -- --- Commitment Fee as defined in such Agreement. Section 3. The Participant is authorized to participate and hereby agrees to participate in - INTERCAP in the - amount and subject to the terms and conditions set forth in the Commitment Agreement. The County Treasurer and Commission Chairman are hereby authorized to execute and deliver to the Board the ommitment Agreement - and the Commitment, with such additions and corrections thereto as may be approved by the Jefferson Co. Commiss and the Participant's legal counsel. Section 4. The Participant hereby ratifies and approves all = representations and covenants contained in the Agreement. Passed and adopted by the Co Commissionof Jefferson Co , Montana this 12th day of January , 7 Dougla K. Schmitz, Chair Jeffer on County Board o Commissioners U �� ,� ��' �, J �� �- c.. �� � .,. c " 6 { -�' ��-- �J