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11-13-2024 Council Packet
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11-13-2024 Council Packet
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135259170v4 <br /> <br /> 4 <br /> <br />above shall be executed by the appropriate Governmental Lender officers. Copies of all of the <br />documents necessary to the transaction herein described shall be delivered, filed and recorded as <br />provided herein and in the Bond Documents. <br />7. The Governmental Lender shall proceed forthwith to issue the Note, in the form <br />and upon the terms set forth in the Funding Loan Agreement. The Note will be purchased on <br />substantially the terms set forth in the Funding Loan Agreement and the Project Loan Agreement <br />which have been submitted to the Governmental Lender in connection with this Resolution. The <br />Mayor and City Administrator are authorized and directed to prepare and execute the Note as <br />prescribed in the Funding Loan Agreement and to deliver them to the Fiscal Agent for <br />authentication and delivery to the Initial Funding Lender. <br />8. The Mayor and City Administrator and other officers of the Governmental Lender <br />are authorized and directed to prepare and furnish to the Initial Funding Lender certified copies <br />of all proceedings and records of the Governmental Lender relating to the Note, and such other <br />affidavits and certificates as may be required to show the facts relating to the legality of the Note <br />as such facts appear from the books and records in the officers’ custody and control or as <br />otherwise known to them; and all such certified copies, certificates and affidavits, including any <br />heretofore furnished, shall constitute representations of the Governmental Lender as to the truth <br />of all statements contained herein. <br />9. The approval hereby given to the various documents referred to above includes <br />approval of such additional details therein as may be necessary and appropriate and such <br />modifications thereof, deletions therefrom and additions thereto as may be necessary and <br />appropriate and approved by the City Attorney and the Governmental Lender officials authorized <br />herein to execute said documents prior to their execution; and said Governmental Lender <br />officials are hereby authorized to approve said changes on behalf of the Governmental Lender. <br />The execution of any instrument by the appropriate official or officials herein authorized shall be <br />conclusive evidence of the approval of such documents in accordance with the terms hereof. <br />10. The approval hereby given to the Bond Documents and the various other <br />documents referred to in paragraph 4 above includes approval of (a) such additional details <br />therein as may be necessary and appropriate and such modifications thereof, deletions therefrom <br />and additions thereto as may be necessary and appropriate and approved by Bond Counsel, the <br />City Attorney and the Governmental Lender officials authorized herein to execute said <br />documents prior to their execution and (b) such additional documents, agreements or certificates <br />as may be necessary and appropriate in connection with the Bond Documents and with the <br />issuance and sale of the Note and approved by Bond Counsel, the City Attorney and <br />Governmental Lender officials authorized herein to execute said documents prior to their <br />execution; and said City Attorney and Governmental Lender officials are hereby authorized to <br />approve said changes or additional documents, agreements or certificates on behalf of the <br />Governmental Lender. The execution of any instrument by the appropriate officer or officers of <br />the Governmental Lender herein authorized shall be conclusive evidence of the approval of such <br />documents in accordance with the terms thereof and hereof. In the absence (or inability) of the <br />Mayor or the City Administrator, any of the documents authorized by this resolution to be <br />executed by them may be executed by the Acting Mayor or the Acting City Administrator.
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