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Res86 PF-01 (rescinded)
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Res86 PF-01 (rescinded)
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Last modified
1/26/2006 9:17:58 AM
Creation date
2/6/2003 10:49:49 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Agency Type
Public Facilities and Infrastructure Authority
Date
5/19/1986
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SECTION 4. The Chairperson, Vice Chairperson, Secretary, Assistant <br />Secretary, their designees and other appropriate officers of the City, <br />including, but not limited to, the City Manager, are hereby authorized and <br />directed to execute, attest and deliver for and on behalf of the Authority any <br />and all additional certificates, documents, opinions or other papers and to <br />perform all other acts as they may deem necessary or appropriate in order to <br />implement and carry out the intent and purposes of this resolution. <br /> <br /> SECTION 5. The offer of the Underwriter for not-to-exceed $16,500,000 par <br />value of the Bonds is hereby accepted, so long as the discount with respect <br />thereto does not exceed percent ( %), and, upon their issuance, the <br />Trustee is hereby authorized and directed to deliver the Bonds to the <br />Underwriter upon payment to the Trustee, on behalf of the Authority, of the <br />purchase price set forth in the Purchase Contract. The Bonds shall be in the <br />form and have the terms and conditions specified in the Purchase Contract and in <br />the Indenture hereinabove approved and authorized to be executed, and the <br />Chairperson or Vice Chairperson and Secretary or Assistant Secretary of the <br />Authority are hereby authorized to sign the Bonds by their manual or facsimile <br />signature and deliver them to the Trustee or Registrar for authentication and <br />delivery. <br /> <br /> SECTION 6. The Official Statement, in substantially the form presented to <br />this Authority, is hereby approved and the Chairperson or Vice Chairperson and <br />the Secretary or Assistant Secretary of the Authority are hereby authorized and <br />directed to execute and attest the same on behalf of the Authority, in <br />substantially the form now before the Authority, but with such changes, <br />modifications, additions or deletions therein as shall seem necessary, desirable <br />or appropriate to the City Attorney or Bond Counsel, their execution thereof to <br />constitute conclusive evidence of their approval of any and all changes, <br />modifications, additions or deletions therein from the form and content of the <br />Official Statement now before this Authority, and the Underwriter is further <br />authorized to distribute the official statement in preliminary form to potential <br />purchasers of the Bonds and is directed to deliver copies of the Official <br />Statement in final form to all actual purchasers of the Bonds. <br /> <br /> PASSED AND ADOPTED by the governing body of the Redwood City Public <br />Facilities and Infrastructure Authority at a regular meeting held on the 19th <br />day of May, 1986. <br /> <br /> CHAIRPERSON, REDWOOD CITY PUBLIC <br /> FACILITIES AND INFRASTRUCTURE <br /> AUTHORITY <br /> <br />ATTEST: <br /> <br /> Secretary <br /> <br /> <br />
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