That statement was signed and attested to by the Council President and the Mayor of the City of Easton on June 14, 1989 by resolution and again on November 21, 1989 in agreement. It reads very plainly, but really wasn't worth the paper it was printed on.
I'll have the documents posted tomorrow.
Check out this exchange from last nights Council Meeting. LINK
Money... We hardly even knew ya.
...until the $1,000,000 plus interest is repaid
in its entirety.