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<br />ARTICLE III <br /> <br />SALE AND DELIVERY OF BONDS <br /> <br />Section 3.01. Sale of Bonds. The Bonds shall be sold to the Original Purchaser <br />pursuant to a Bond Purchase Contract or Agreements between the City and Original <br />Purchaser. The Treasurer is hereby authorized to sell the Bonds and to negotiate and <br />execute a Bond Purchase Contract with the Original Purchaser thereof, subject to any <br />conditions as may be specified in a separate resolution of this Council providing therefor. <br /> <br />Section 3.02. Further Authority. The officers of the City are hereby authorized <br />and directed to execute all documents and take such actions as they may deem <br />necessary or advisable in order to carry out and perform the purposes of this Resolution, <br />and the execution or taking of such action shall be conclusive evidence of such necessity <br />or advisability. <br /> <br />The Treasurer and the City Clerk are authorized to complete and to approve <br />changes in any provisions of this Resolution in order to accomplish the delivery of any of <br />the Bonds on schedule; such changes may be accomplished by attachment of a <br />certificate executed by both such officers to this Resolution on file in the office of the <br />City Clerk. <br /> <br />-13- <br /> <br />11261 <br />