Res18 15642 - Laserfiche WebLink

Browse Search

Section 1. Issuance of 2018 Bonds. The City Council hereby consents to the issuance of the 2018 Bonds by the Authority for the purpose of providing additional financing for the Project. Section 2. Official Statement. The City Council hereby deems final within the meaning of Rule 15c2-12 of the Securities Exchange Act of 1934, as amended, Appendix A to the Preliminary Official Statement relating to the 2018 Bonds, which contains financial and operating information relating to the City. Said Appendix A is on file in the Office of the City Clerk and available for public inspection. The City Manager and the Finance Director, or the written designee of either of them (each, a "Designated Officer"), are each hereby authorized, at the request of the purchaser of the 2018 Bonds, to execute an appropriate certificate affirming a determination that such Appendix A has been deemed final. The Designated Officers, each acting alone, are each hereby authorized and directed to approve any changes in or additions to the portions of the Preliminary Official Statement and the Final Official Statement that relate to the City. Section 3. Approval of Continuing Disclosure Certificate. The City Council hereby approves the form of the Continuing Disclosure Certificate to be delivered by the City with respect to the 2018 Bonds, in the form on file with the City Clerk together with any modifications thereof as may be approved by a Designated Officer, whose execution thereof shall be conclusive evidence of the approval of any such modifications. Each Designated Officer is hereby authorized and directed to execute the final form of the Continuing Disclosure Certificate for and on behalf of the City. Section 4. Execution of Closing Documents. As consistent with the purposes of the Financing Agreement, the Mayor, the City Manager, the Assistant City Manager of Administrative Services and the City Clerk and their duly authorized deputies, designees or agents are each hereby authorized and directed, in their respective official capacities, to execute or attest thereto, any and all closing certificates which are necessary or appropriate to effectuate the issuance and sale of the 2018 Bonds by the Authority. Section 5. Effective Date. This Resolution shall take effect immediately upon its passage and adoption. ATTY/RESO.0006/CC RESO APPROVING REVENUE BONDS RESOLUTION NO. 15642 REV: 01-16-18 JS MUFF NO. 505 Page 2 of 4