Resolution 2862

Providing for the issuance and sale from time to time of revenue bond anticipation notes of the Port District in the aggregate principal amount of $25,000,000 for the purpose of providing interim financing to refund certain outstanding second lien revenue warrants issued to acquire, construct, install, equip and make certain improvements to the facilities of the District; providing the form, terms and maturities of said notes; creating a special fund; providing and adopting certain covenants safeguarding the payment of such principal and interest; authorizing the execution of an issuing and paying agency agreement, dealer agreement and credit agreement; confirming the sale of such notes; and authorizing the delivery of notes no. __ in the principal amount of $25,000,000.