Res15 P-2267 - Laserfiche WebLink

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� COPY Y Section 6. Sale of the 2015 Bonds. The Board of Port Commissioners of the Port hereby approves the sale of the 2015 Bonds by negotiation with the Underwriter pursuant to the Bond Purchase Agreement. Each Designated Officer is hereby authorized and directed to execute the Bond Purchase Agreement, with such changes therein as the Designated Officer shall approve after consultation with the Port's Bond Counsel and the Port's MSRB-registered Municipal Advisor, such approval to be conclusively evidenced by the execution and delivery thereof by a Designated Officer. Section 7. Official Statement. The Board of Port Commissioners of the Port hereby approves the preliminary Official Statement describing the 2015 Bonds, in substantially the form on file with the Secretary. Distribution of the preliminary Official Statement and the final Official Statement by the Underwriter is hereby approved. Each Designated Officers is hereby authorized and directed to approve any changes in or additions to the final form of the Official Statement, such approval to be conclusively evidenced by the execution and delivery thereof by a Designated Officer, and each Designated Officer is hereby authorized to execute a certificate deeming the preliminary Official Statement to be final for purposes of Rule 15c2-12 promulgated under the Securities Exchange Act of 1934. Section 8. Continuinq Disclosure Certificate. Each of the Designated Officers is hereby authorized and directed to execute for and on behalf of the Board of Port Commissioners of the Port the Continuing Disclosure Certificate, in substantially the form on file with the Secretary, with such changes therein as the Designated Officer shall approve after consultation with Bond Counsel, Disclosure Counsel and the Port's MSRB-registered Municipal Advisor, such approval to be conclusively evidenced by the execution and delivery thereof by a Designated Officer. Section 9. Municipal Bond Insurance. Each Designated Officer is hereby authorized and directed to obtain a municipal bond insurance policy for the 2015 Bonds if it is determined, upon consultation with the Underwriter, the Port's the Port's MSRB-registered Municipal Advisor and the Port's Bond Counsel, that such municipal bond insurance policy will reduce the true interest cost with respect to the 2015 Bonds. Section 10. Other Actions Authorized. The Designated Officers and such other proper officers of the Port are hereby authorized to take all actions and execute any and all documents described in this Resolution and otherwise necessary or desirable to effect the sale and delivery of the 2015 Bonds pursuant to the Master Indenture and the Third Supplemental Indenture; to refund the 1999 Bonds; to change the dates of any documents approved at this meeting from the dates on the forms submitted to this meeting; and to do any and all things and to execute and deliver any and all documents which they may deem necessary or advisable in order to consummate the sale, execution and delivery of the 2015 Bonds and otherwise to carry out, give effect to and comply with the terms and intent of this Resolution, the 2015 Bonds, the Master Indenture, the Third Supplemental Indenture, the Escrow Agreement and the Bond Purchase Agreement. Such actions heretofore taken by such officers or thei� designees are hereby ratified, confirmed and approved. Section 11. Effective Date. This Resolution shall take effect immediately upon its adoption. 4 Resolution No. P- 2267 ca,��ea �