EXCERPTS OF MINUTES OF A
REGULAR MEETING OF THE
INDIANA FINANCE AUTHORITY

Indianapolis, Indiana

______, 20__

The members of the Indiana Finance Authority (the “Authority”) met in regular session called in accordance with the rules of the Authority, at 1:30 o’clock p.m., at One North Capitol Avenue, Suite900, in the City of Indianapolis, Indiana. The meeting was called to order with [Name], Chairman, presiding, and the following members of the Authority present:

and the following members participating electronically:

and the following members of the Authority absent:

* * *

(Other Business)

There was presented to the members of the Authority a form of Bond Resolution relating to the issuance of one or more series of revenue bonds by the Authority to finance, refinance or reimburse all or a portion of the costs of various [educational facility projects] [health facility projects] [industrial development projects] for ______(the “Borrower”). Following review and discussion of the matter by the members of the Authority, member ______introduced, caused to be read and moved adoption of Resolution No. ____ entitled:

“A RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF ONE OR MORE SERIES OF INDIANA FINANCE AUTHORITY [EDUCATIONAL FACILITIES] [HEALTH FACILITIES] [EXEMPT FACILITIES] REVENUE BONDS, SERIES 20__ (_____ PROJECT) IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED _____ DOLLARS ($______), AND APPROVING AND AUTHORIZING OTHER ACTIONS IN RESPECT THERETO”

Member ______seconded the motion. After due consideration thereof by the members of the Authority, the Chairman put the question on the motion for the adoption of said resolution, and the roll being called, the following named members voted:

AYE:

NAY:

ABSENT OR NOT VOTING:

Whereupon the Chairman declared said resolution duly adopted.

* * *

(Other Business)

Upon motion and vote the meeting adjourned.

The foregoing excerpts of minutes are true and correct.

[Name], Public Finance Director

of the State of Indiana

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