05-27-2026 Council Packet - Laserfiche WebLink

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199552303v5 6 are directed to be executed in the name and on behalf of the City by the Mayor and City Administrator. Any other documents and certificates necessary to the transaction described above shall be executed by the appropriate City officers. Copies of all of the documents necessary to the transaction herein described shall be delivered, filed, and recorded as provided herein and in the Note Documents. 9. The Governmental Lender shall proceed forthwith to issue the Note, in the form and upon the terms set forth in the Funding Loan Agreement and at a net interest rate not to exceed 10.00% per annum. The Note will be purchased on substantially the terms set forth in the Loan Agreements and this Resolution. The Mayor and City Administrator are authorized and directed to prepare and execute the Note as prescribed herein and to deliver it to the Fiscal Agent for authentication and delivery to the Funding Lender. 10. The Mayor and City Administrator and other officers of the Governmental Lender are authorized and directed to prepare and furnish to the Funding Lender certified copies of all proceedings and records of the Governmental Lender relating to the Note, and such other affidavits and certificates as may be required to show the facts relating to the legality of the Note as such facts appear from the books and records in the officers’ custody and control or as otherwise known to them; and all such certified copies, certificates and affidavits, including any heretofore furnished, shall constitute representations of the Governmental Lender as to the truth of all statements contained herein. 11. The approval hereby given to the various documents referred to above includes approval of such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary and appropriate and approved by the City Attorney and the Governmental Lender officials authorized herein to execute said documents prior to their execution; and said Governmental Lender officials are hereby authorized to approve said changes on behalf of the Governmental Lender. The execution of any instrument by the appropriate official or officials herein authorized shall be conclusive evidence of the approval of such documents in accordance with the terms hereof. 12. The approval hereby given to the Note Documents and the various other documents referred to in paragraph 5 above includes approval of (a) such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary and appropriate and approved by Bond Counsel, the City Attorney and the Governmental Lender officials authorized herein to execute said documents prior to their execution and (b) such additional documents, agreements or certificates as may be necessary and appropriate in connection with the Note Documents and with the issuance and sale of the Note and approved by Bond Counsel, the City Attorney and Governmental Lender officials authorized herein to execute said documents prior to their execution; and said City Attorney and Governmental Lender officials are hereby authorized to approve said changes or additional documents, agreements or certificates on behalf of the Governmental Lender. The execution of any instrument by the appropriate officer or officers of the Governmental Lender herein authorized shall be conclusive evidence of the approval of such documents in accordance with the terms thereof and hereof. In the absence (or inability) of the Mayor or the City Administrator, any of the documents authorized by this resolution to be executed by them may be executed by the Acting Mayor or the Acting City Administrator.