RES 91-3 - Laserfiche WebLink

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• 2 . 15) That the President and Executive Director are hereby authorized and directed to execute a contract on the part of the Authority for the sale of the Bonds with Edward D. Jones & Co. , of St. Louis , Missouri The good faith deposits of the unsuccessful bidders shall be returned forthwith. 2 . 16) That the President, Executive Director, and other officers of the Authority are hereby authorized and directed to prepare, execute, and furnish to Larkin, Hoffman, Daly & Lindgren, Ltd. , bond counsel, to the Trustee, to the City, to the underwriter, and to counsel for such parties, certified copies of all proceedings and records of the Authority relating to the Project and the Bonds, and such other affidavits and certificates as may be required to show the facts appearing from the books and records in the officers ' custody and control or as otherwise known to them; and all such certified copies, certificates, and affidavits, including any heretofore furnished, shall constitute representations of the Authority as to the truth of all statements contained therein. 2 . 17) That in the absence of the President or the Executive Director, any of the Bonds and any of the other documents authorized by this Resolution to be executed and delivered, may be executed and delivered by any other member of this Board in • place of the President or Executive Director, or such other officers of the Authority as, in the opinion of the Authority's attorney, have authority to execute and deliver such documents . 2 . 18) That Patrick Klaers, Executive Director, is hereby designated and authorized to act on behalf of the Authority as its Authorized Authority Representative, as defined in the Lease. 2 . 19) That the Authority hereby designates the Bonds as Qualified Tax-exempt Obligations, within the meaning of Section 265(b) (3) of the Code, and represents that it will not designate more than $10,000,000 of its obligations as Qualified Tax-exempt Obligations during the calendar year 1991. 2 .20) That the Authority reasonably expects to issue tax- exempt bonds (other than private activity bonds) during calendar year 1991 in an aggregate face amount which, when added to the aggregate face amount of tax-exempt bonds (other than private activity bonds) the City reasonably expects to issue during calendar year 1991, will not exceed $5,000,000. 2 .21) That this Resolution shall be in full force and effect from and after its passage. 410 7 .