03-24-1993 Council Agenda - Laserfiche WebLink

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state any fact which is necessary to make the statements made therein not misleading and hereby approves in substantially the form submitted to the City Council at this meeting such information for inclusion in the Placement Memorandum; and the City hereby ratifies, confirms and consents to the use of said section in the final Placement Memorandum to be used in connection with the sale of the Bonds. The City has not prepared nor made any independent investigation of the information contained in the Placement Memorandum other than the section therein captioned "Issuer," and the City takes no responsibility for such other information. 8. The City shall proceed forthwith to issue its Bonds, in the form and upon the terms set forth in the Indenture with the principal amount and rates established as provided in this paragraph. The offer of the Underwriter to purchase the Bonds at par at the interest rate or rates per annum as the Mayor, the City Administrator, the Underwriter, and the Company shall agree to, but not to exceed more than % per annum is hereby accepted. The Mayor and City Administrator are authorized and directed to prepare and execute the Bonds as prescribed in the Indenture and to deliver them to the Trustee for authentication and delivery to the Bond Purchaser. 9. The Mayor and City Administrator and other officers of the City are authorized and directed to prepare and furnish to the Underwriter certified copies of all proceedings and records of the City relating to the Bonds, and such other affidavits and certificates as may be required to show the facts relating to the legality of the Bonds as such facts appear from the books and records in the official 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 City as to the truth of all statements contained therein. 10. 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 City officials authorized herein to execute said documents prior to their execution; said City officials are hereby authorized to approve said changes on behalf of the City. The execution of any instrument by the appropriate officer or officers of the City herein authorized shall be conclusive evidence of the approval of such documents in accordance with the terms hereof. In the absence of the Mayor or Administrator, any of the documents authorized by this resolution to be executed may 235981 5 Page 23