Resolution 2363

Providing for the issuance and sale of second lien revenue bonds of the port district in the aggregate principal amount of $2,700,000 for the purpose of providing part of the money to acquire certain lands and facilities adjacent to Terminal 115 of the Port; providing the date, form, terms, and maturities of said bonds; providing that such bonds be issued on a parity with other second lien revenue bonds of the port district; creating a Second Lien Revenue Bond Redemption Fund of the port district; creating a property acquisition fund; and providing and adopting certain covenants safeguarding the payment of such principal and interest.