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Regulatory Agreement in said form, with such additions thereto or changes therein as are
<br />recommended or approved by such officers upon consultation with bond counsel to the City
<br />including such additions or changes as are necessary or advisable in accordance with Section 9
<br />hereof (provided, such additions or changes shall not impose additional obligations on the
<br />City), the approval of such additions or changes to be conclusively evidenced by the execution
<br />and delivery by the City of the Regulatory Agreement.
<br />
<br /> Section 6. The bond purchase agreement (the "Purchase Contract") among the City, the
<br />Owner and The GMS Group, L.L.C., (the "Underwriter"), in the form presented to this meeting,
<br />is hereby approved. The Designated Officers of the City are, and each of them acting alone is,
<br />hereby authorized, for and in the name and on behalf of the City, to accept the offer of the
<br />Underwriters to purchase the Series 1998 Bonds contained in the Purchase Contract (when such
<br />offer is made and if such offer is consistent with Section 3 hereof) and to execute and deliver
<br />said Purchase Contract in said form, with such additions thereto or changes therein as are
<br />recommended or approved by such officers upon consultation with bond counsel to the City,
<br />(provided, such additions or changes do not impose additional obligations on the City), the
<br />approval of such additions or changes to be conclusively evidenced by the execution and
<br />delivery by the City of the Purchase Contract.
<br />
<br /> Section 7. The preliminary official statement relating to the Series 1998 Bonds (the
<br />"Preliminary Official Statement"), in the form presented to this meeting, is hereby approved.
<br />The Designated Officers are, and each of them acting alone is, hereby authorized, for and in the
<br />name and on behalf of the City, to bring to final form the Preliminary Official Statement (the
<br />"Official Statement") upon sale of the Series 1998 Bonds and to execute the Official Statement in
<br />said form, with such additions thereto or changes therein as are recommended or approved by
<br />such officers upon consultation with bond counsel to the City, the approval of such additions or
<br />changes to be conclusively evidenced by the execution and delivery by the City of the Official
<br />Statement. The Underwriter is hereby authorized to distribute copies of the Preliminary Official
<br />Statement to persons who may be interested in the purchase of the Series 1998 Bonds and is
<br />directed to deliver copies of the Official Statement to all actual purchasers of the Series 1998
<br />Bonds.
<br />
<br /> Section 8. The Bonds, when executed, shall be delivered to the Trustee for
<br /> authentication. The Trustee is hereby requested and directed to authenticate the Bonds by
<br /> executing the Trustee's certificate of authentication and registration appearing thereon, and to
<br /> deliver the Bonds, when duly executed and authenticated, to the purchasers thereof in
<br /> accordance with written instructions executed on behalf of the City by one of the Designated
<br /> Officers, which instructions such officers are, and each of them is, hereby authorized, for and in
<br /> the name and on behalf of the City, to execute and deliver to the Trustee. Such instructions
<br /> shall provide for the delivery of the Bonds to the purchasers thereof in accordance with the
<br /> Purchase Contract, if applicable, upon payment of the purchase price therefor.
<br />
<br /> Section 9. All actions heretofore taken by the officers and agents of the City with respect
<br /> to the financing contemplated by this Resolution, the Program and the sale and issuance of the
<br /> Bonds are hereby approved, confirmed and ratified, and the proper officers of the City,
<br /> including the Designated Officers, are hereby authorized, for and in the name and on behalf of
<br /> the City, to do any and all things and take any and all actions and execute and deliver any and
<br /> all certificates, agreements and other documents which they, or any of them, may deem
<br /> necessary or advisable in order to consummate the lawful issuance and delivery of the Bonds in
<br /> accordance with this Resolution and resolutions heretofore adopted by the City and in order to
<br /> carry out the proposed financing and the Program, including but not limited to those
<br /> certificates, agreements and other documents described in the Indenture, the Loan Agreement,
<br /> the Regulatory Agreement, the Purchase Contract and the other documents herein approved
<br /> and any certificates, agreements or documents as may be necessary to further the purpose
<br />
<br /> 3 13283
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