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Res15 15450
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Res15 15450
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Last modified
10/11/2019 7:53:48 AM
Creation date
10/11/2019 7:53:46 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
10/12/2015
Description
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY RELATING TO 2015 SILICON VALLEY CLEAN WATER WASTEWATER REVENUE BONDS, AND APPROVING RELATED DOCUMENTS AND OFFICIAL ACTIONS
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Section 1. Official Statement. The City Council hereby deems final within the <br /> meaning of Rule 15c2-12 of the Securities Exchange Act of 1934, as amended, Appendix <br /> A to the Preliminary Official Statement relating to the 2015 Bonds, which contains financial <br /> and operating information relating to the City. The City Manager and the Finance Director, <br /> or the written designee of any of them (each, a "Designated Officer"), are each hereby <br /> authorized, at the request of the purchaser of the 2015 Bonds, to execute an appropriate <br /> certificate affirming a determination that such Appendix A has been deemed final. The <br /> Designated Officers, each acting alone, with the advice and approval of the City Attorney, <br /> are each hereby authorized and directed to approve any changes in or additions to the <br /> portions of the Preliminary Offering Statement and the final Official Statement that relate <br /> to the City. <br /> Section 2. Approval of Continuing Disclosure Certificate. The City Council <br /> hereby approves the form of the City's Continuing Disclosure Certificate with respect to <br /> the 2015 Bonds, in the form on file with the City Clerk, together with any modifications <br /> thereof as may be approved by a Designated Officer, with the advice and approval of the <br /> City Attorney, whose execution thereof shall be conclusive evidence of the approval of <br /> any such modifications. A Designated Officer is hereby authorized and directed to <br /> executed the final form of the Continuing Disclosure Certificate for and on behalf of the <br /> City. <br /> Section 3. Approval of Closing Documents. The Mayor, the City Manager, the <br /> Finance Director and the City Clerk and their duly authorized deputies, designees or <br /> agents are each hereby authorized and directed, in their respective official capacities, to <br /> execute or attest thereto, any and all financial instruments, warrants, agreements and <br /> other financing documents, necessary or appropriate to effectuate the purposes of the <br /> Financing Agreement and the issuance of the 2015 Bonds by the Authority. Without <br /> limiting the generality of the foregoing, the City Council hereby authorizes the execution <br /> and delivery of the closing documents relating to the 2015 Bonds in the respective forms <br /> on file with the City Clerk. <br /> Section 4. Effective Date. This Resolution shall take effect immediately upon its <br /> passage and adoption. <br /> * * * * * * * * <br />
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