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Res10 15071
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Res10 15071
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Last modified
10/11/2019 7:44:50 AM
Creation date
10/11/2019 7:44:49 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council, Redevelopment Agency and Public Financing Authority
Date
12/6/2010
Description
RESOLUTION AUTHORIZING THE ISSUANCE OF SPECIAL TAX BONDS FOR AND ON BEHALF OF THE CITY OF REDWOOD CITY COMMUNITY FACILITIES DISTRICT NO. 2010 -1 (ONE MARINA), APPROVING THE FORM OF AND DIRECTING THE EXECUTION OF A FISCAL AGENT AGREEMENT, AN ACQUISITION AGREEMENT, A CONTINUING DISCLOSURE AGREEMENT AND A BOND PURCHASE CONTRACT, APPROVING THE FORM OF OFFICIAL STATEMENT, APPROVING SALE OF BONDS, AND APPROVING OTHER RELATED DOCUMENTS AND ACTIONS
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12/06/2010 <br /> Section 6. The Bonds, when executed, shall be delivered to the Fiscal Agent for <br /> authentication. The Fiscal Agent is hereby requested and directed to authenticate the Bonds by <br /> executing the Fiscal Agent's certificate of authentication and registration appearing thereon, <br /> and to deliver the Bonds, when duly executed and authenticated, to the Underwriter in <br /> accordance with written instructions executed on behalf of the City by one or more of the <br /> Authorized Officers, which instructions such officers are each hereby authorized, for and in the <br /> name and on behalf of the City, to execute and deliver to the Fiscal Agent. Such instructions <br /> shall provide for the delivery of the Bonds to the Underwriter or its designee in accordance with <br /> the Bond Purchase Agreement, upon payment of the purchase price therefor. <br /> Section 7. All actions heretofore taken by the officers and agents of the City with <br /> respect to the establishment of the District and the sale and issuance of each series of the <br /> Bonds are hereby approved, confirmed and ratified, and the proper officers of the City are each <br /> hereby authorized and directed to do any and all things and take any and all actions and <br /> execute any and all certificates, agreements and other documents, which they, or any of them, <br /> may deem necessary or advisable in order to consummate the lawful issuance and delivery of <br /> the Bonds in accordance with this Resolution, and any certificate, agreement, and other <br /> document described in the documents herein approved. Any document herein approved and <br /> executed and delivered by any one of the Authorized Officers shall be a valid and binding <br /> agreement of the City. <br /> Section 8. This Resolution shall take effect upon its adoption. <br /> PASSED AND ADOPTED this 6th day of December, 2010. <br /> ATTY /RESO /RESO.2070 #15071 <br /> 112410 MUFF # 505 <br /> 4 <br />
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