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1990-049 Council Resolution
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1990-049 Council Resolution
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1/25/2016 1:51:33 PM
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City Council
Council Document Type
Resolutions
Meeting Date
07/25/1990
Council Meeting Type
Regular
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OFFICIAL STATEMENT <br />The City has authorized the preparation of an Official Statement containing pertinent <br />information relative to the Bonds, and said Official Statement will serve as a nearly -final Official <br />Statement as required by Rule 15c2-12 of the Securities and Exchange Commission. For <br />copies of the Official Statement and the Official Bid Form or for any additional information prior <br />to sale, any prospective purchaser is referred to the Financial Advisor to the City, Springsted <br />Incorporated, 85 East Seventh Place, Suite 100, Saint Paul, Minnesota 55101, telephone <br />(612) 223-3000. <br />The Official Statement, when further supplemented by an addendum or addenda specifying the <br />maturity dates, principal amounts and interest rates of the Bonds, together with any other <br />information required by law, shall constitute a "Final Official Statement" of the City with respect <br />to the Bonds, as that term is defined in Rule 15c2-12. By awarding the Bonds to any <br />underwriter or underwriting syndicate submitting an Official Bid Form therefor, the City agrees <br />that, no more than seven business days after the date of such award, it shall provide without <br />cost to the senior managing underwriter of the syndicate to which the Bonds are awarded 40 <br />copies of the Official Statement and the addendum or addenda described above. The City <br />designates the senior managing underwriter of the syndicate to which the Bonds are awarded <br />as its agent for purposes of distributing copies of the Final Official Statement to each <br />Participating Underwriter. Any underwriter executing and delivering an Official Bid Form with <br />respect to the Bonds agrees thereby that if its bid is accepted by the City (i) it shall accept such <br />designation and (ii) it shall enter into a contractual relationship with all Participating <br />Underwriters of the Bonds for purposes of assuring the receipt by each such Participating <br />Underwriter of the Final Official Statement. <br />Dated July 9, 1990 BY ORDER OF THE CITY COUNCIL <br />/s/ Marilyn G. Anderson <br />Clerk -Treasurer <br />
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