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92-054 RES
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92-054 RES
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Last modified
12/3/2007 2:36:50 PM
Creation date
7/7/2005 3:32:49 PM
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City Government
type
RES
date
6/15/1992
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<br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />6. The City shall proceed forthwith to issue its Bonds, <br />in the form and upon the terms set forth in the Indenture. The <br />offer of the Placement Agent to place the Bonds for sale at par <br />plus accrued interest to the date of delivery at the interest rate <br />or rates specified in the Indenture as of the date of issuance of <br />the Bonds (which initial rate shall not exceed 6% per annum) is <br />hereby accepted. The Mayor and City Administrator are authorized <br />and directed to prepare and execute the Bonds as prescribed in the <br />Indenture and to deliver them to the Trustee for authentication and <br />delivery to the bond purchaser. <br /> <br />7. The Mayor and City Administrator and other officers <br />of the City are authorized and directed to prepare and furnish to <br />the Bond Purchaser certified copies of all proceedings and records <br />of the City relating to the Bonds, and such other affidavits and <br />certificates as may be required to show the facts relating to the <br />legality of the Bonds as such facts appear from the books and <br />records in the officers' custody and control or as otherwise known <br />to them; and all such certified copies, certificates and <br />affidavits, including any heretofore furnished, shall constitute <br />representations of the City as to the truth of all statements <br />contained therein. <br /> <br /> <br />8. The approval hereby given to the various documents <br />referred to above includes approval of such additional details <br />therein as may be necessary and appropriate and such modifications <br />thereof, deletions therefrom and additions thereto as may be <br />necessary and appropriate and approved by the City Attorney and the <br />City officials authorized herein to execute said documents prior to <br />their execution; and said City officials are hereby authorized to <br />approve said changes on behalf of the City. The execution of any <br />instrument by the appropriate officer or officers of the city <br />herein authorized shall be conclusive evidence of the approval of <br />such documents in accordance with the terms hereof. In the absence <br />of the Mayor or Administrator, any of the documents authorized by <br />this resolution to be executed may be executed by the Vice Mayor or <br />City Finance Director, respectively. <br /> <br />Adopted: June 15, 1992 <br /> <br />i. _./" '., /.......'. .-r-' <br />i ("_/"/' <br />~ -" '" <br />i ' i <br />l <br />"'" .' .j' / /;, <br />/;:~1?JV2>/ A (.~/{~,L~,~ . <br />Mayor <br /> <br />Attest /jdl /) p;~ <br /> <br />City Administrator <br /> <br />(SEAL) <br /> <br />633447 <br /> <br />4 <br />
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