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University of North Carolina at Greensboro Bond and Interest Sinking Fund Account of 1962' (hereinafter sometimes called the 'Sinking Fund') and 'The University of North Carolina at Greensboro Repair and Replacement Reserve Account of 1962' (hereinafter sometimes called the 'Maintenance Reserve Fund')."

Section 15. That Section 207 of the Bond Resolution be and the same is hereby amended to read as follows:

"Section 207. The Executive Committee is hereby authorized to sell the Series B bonds in the manner and subject to the conditions prescribed in this Resolution and in the Loan Agreement, dated as of January 1, 1962, heretofore executed by and between the Board, acting for and on behalf of the Woman's College of the University of North Carolina, and the United States of America, acting through the Housing and Home Finance Administrator, and to sell any bonds hereafter authorized under the provisions of Section 211 hereof in such manner, either at public or private sale, and subject to such conditions as the Board or the Executive Committee shall determine."

Section 16. That the first paragraph of Section 208 of the Bond Resolution be and the same is hereby amended to read as follows:

"Section 208. The construction of the Project is hereby authorized and, for the combined purpose of refunding after July 1, 1963 the 1958 bond, No. T-1, then outstanding in the principal amount of $825,000, and, with other available funds, paying the cost of the Project, there shall be issued, under and pursuant to the Constitution and Laws of the State of North Carolina, including Sections 116-175 to 116-185, inclusive, of the General Statutes of North Carolina, revenue bonds of the Board in the aggregate principal amount of Two Million Six Hundred Twenty-five Thousand Dollars ($2,625,000), dated July 1, 1962, of which bonds Eight Hundred Twenty-five Thousand Dollars ($825,000), in aggregate principal amount shall be designated 'The University of North Carolina at Greensboro Dormitory System Revenue Bonds of 1962, Series A' (herein sometimes called the 'Series A bonds') and One Million Eight Hundred Thousand Dollars ($1,800,000) in aggregate principal amount shall be designated 'The University of North Carolina at Greensboro Dormitory System Revenue Bonds of 1962, Series B' (herein sometimes called the 'Series B bonds')."