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Res13 15263
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Res13 15263
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Last modified
10/11/2019 7:49:21 AM
Creation date
10/11/2019 7:49:02 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Public Finance Authority
Date
5/20/2013
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AUTHORIZING PROCEEDINGS AND AGREEMENTS RELATING TO THE REFINANCING AND FINANCING OF CERTAIN WATER FACILITIES, APPROVING ISSUANCE AND SALE OF BONDS BY THE CITY OF REDWOOD CITY PUBLIC FINANCING AUTHORITY, APPROVING AN OFFICIAL STATEMENT AND AUTHORIZING OFFICIAL ACTIONS
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__ _ ._ . �.� .. :w_..�.� .� .���„ <br /> Trust Company and the book-entry system (as such terms are defined in the Official <br /> Statement), and in the Appendices thereto as to all of which no opinion or belief need be <br /> expressed) contained or contains any untrue statement of a material fact or omitted or omits to <br /> state any material fact necessary to make the statements therein, in light of the circumstances <br /> under which they were made, not misleading. <br /> QUALIFICATION FOR SALE; BLUE SKY: Compliance with blue sky laws shall be the <br /> sole responsibility of the successful bidder. The Authority will furnish such information and take <br /> such action not inconsistent with law as the successful bidder may request and the Authority <br /> shall deem n.ecessary or appropriate to qualify the Bonds for offer and sale under the blue sky <br /> or other securities laws and regulations of such states and other jurisdictions of the United <br /> States of America as may be designated by the successful bidder; provided, however, that the <br /> Authority shatl not execute a general or special consent to service of process or qualify to do <br /> business in connection with such qualification or determination in any jurisdiction. The <br /> successful bidder will not offer to sell or solicit any offer to buy, the Bonds in any <br /> jurisdiction where it is unlawful for such bidder to make such offer, solicitation or sale, <br /> and the bidder shall comply with the blue sky and other securities laws and regulations <br /> of the states and jurisdictions in which the bidder sells the Bonds. � <br /> CONTINUING DtSCLOSURE: In order to assist bidders in complying with SEC. Rule <br /> 15c2-12(b)(5), the City will undertake, pursuant to the resolution authorizing issuance of the <br /> Bonds and a Continuing Disclosure Certificate, to provide annual reports and notices of certain <br /> �events. A description of this undertaking is set forth in the Preliminary Official Statement and <br /> will also be set forth in the Official Statement. <br /> Dated: May 21, 2013 <br /> CITY OF REDWOOD CITY PUBUC <br /> FINANCENG AUTHORITY <br /> By: /s/ Brian J. Pontv <br /> Finance Director <br /> -10- <br />
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