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11-14-2018 Council Packet
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11-14-2018 Council Packet
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11171070v2 <br /> <br /> 7 <br />one or more phrases, sentences, clauses or paragraphs in this Resolution contained shall not <br />affect the remaining portions of this Resolution or any part thereof. <br />4.2 Authentication of Transcript. The officers of the City are directed to furnish to <br />Bond Counsel certified copies of this Resolution and all documents referred to herein, and <br />affidavits or certificates as to all other matters which are reasonably necessary to evidence the <br />validity of the Note. All such certified copies, certificates and affidavits, including any <br />heretofore furnished, shall constitute recitals of the City as to the correctness of all statements <br />contained therein. <br />4.3 Authorization to Execute Agreements. The forms of the proposed Loan <br />Agreement and the Pledge Agreement are hereby approved in substantially the form heretofore <br />presented to the City Council, together with such additional details therein as may be necessary <br />and appropriate and such modifications thereof, deletions therefrom and additions thereto as may <br />be necessary and appropriate and approved by Bond Counsel prior to the execution of the <br />documents, and the Mayor and City Administrator are authorized to execute the Loan Agreement <br />and the Pledge Agreement in the name of and on behalf of the City and such other documents as <br />Bond Counsel consider appropriate in connection with the issuance of the Note. In the event of <br />the absence or disability of the Mayor or City Administrator, such officers of the City as, in the <br />opinion of the City Attorney, may act on his or her behalf, shall without further act or <br />authorization of the City do all things and execute all instruments and documents required to be <br />done or executed by such absent or disabled officers. The execution of any instrument by the <br />appropriate officer or officers of the City herein authorized shall be conclusive evidence of the <br />approval of such documents in accordance with the terms hereof.
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