2021-043 Council Resolution - Laserfiche WebLink

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CL{SIP'� i4IBERS If the Bonds qualify for the assigrunent of CUSIP numbers sttclx uttu>t>ers �1°ilI be Ixrinted ou the Bonds_ hoi-'eVer. neither the failure to print such muxxbers on any Bond nor and° error with respect thereto will constitute cause for failure or refitsal by the Purchaser to accept delivery of the Bonds. Balser Tilly "NIA Vill apple for CUSIP nunxbers pursitarxt to Rule G-3d implemented by the Municipal Securities Rulenmking Board. The C USIP Service Bureau charge for the assigrunent of C USIP identification munbets shall be paid by the Purchaser. SETTLER IE'_v' T Ckx or about July 15.2f121 •the Bands x�-ill be deliS-ered i�, ithout cost to the Ptuchaser• tluauglx DTC` in vetiy Cork. New York. Dellvery will be subject to receipt by the Puuchaser of an approving legal opinion of Kennedy A Graven, Chartered of Minneapolis. Mirmesom. and of customary closing papers. including a rxo-litigation certificate. Can the date of settlement. payment for the Bonds shall be made in federal, or equivalent, funds that shall be received at the offices of the City or its designee not later than 12:00 Noou. Cents <al Time. finless compliance with the reruns of payment for the Bonds has been grade impossible by action of the City. or its azents. the Purchaser shall be liable to the City for any loss suffered by the City by reason of the Purchaser's non-compliance with said terms for payment. CCi�Ti_'ti't"I1�G DISC'LOSt�RE fix accordance i�°fish SEC.- Rule 15c2-1?tbl"5?, tlxe Ciry' s�°i11 tuxdettake, ptusuaut to tlxe resolution a��-arding sale of the Bonds. to provide annual reports and notices of certain events. A description of this tudertaking is set forth in the Official Statement. ?lie Pturchaser'{ obligation to purchase the Bonds 7,vil1 be conditioned upon r•eceliling evidence of this undertaking at or prior to delivery of the Bonds, CiFFIC'L-AL STaTEXiEI1"T The Cinhas authorized the preparation of a Preluninar�r Official Statement containing pertuxent information relati�-e to the Bonds. and said Prelitxxinat�� Official Statenxent has beers deenxed #final by the City as of the elate thereof within the meaning of Rule 1 Sc'- -'12 of the Securities and Exchange Commission. For an electronic cope of the Prelinxinary Official Statement or for any additional inforivation prior to sale4 any prospective purchaser is referred to the Municipal Advisor to the City. Baker Tilly Municipal Advisors, LLC. by telephone (651) 223-3000. or by enxail bondser,ice'tcbakert.illv,corn. The Preliminary, Official Statement will also be made available at Ixttp�: i`comrect.baker tills .corn-l}ond-sales-calendar. AFilial Official Statement #,as that term is defined in Rule 15c2-14j will be prepar•ecl_ sJpecif3fing the maturity date;, prirxcipal amoturts. and uxterest rates of the Bond;. together taith any- other irrforruation required by late. By awarding the Bonds to the Puurchaser. the City aznlees that Ixo snore than seven business days after tlxe date of such award, it shall provide to the Puurchaser in electronic copy of the Final Official Statenxent, The City desimiates the Purchaser as its went for purposes of distributing the Filial Official Statement to eaclx sTrrldicate memben if applicable. The Pturchaser agrees that if its proposal is accepted by the City. (i) it shall accept desigi ation and (ii) it shall enter into a contractual relationship lkvith its syndicate members for purposes of assuring the receipt of the Final Official Statement by each such syndicate member. Dated May 10. 2021 BY ORDER OF THE CITY COUNCIL i,! Julie Bartell C'it�- Clerk LN 140-125-718748.v 1