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1996-089 Council Resolution
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1996-089 Council Resolution
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2/2/2016 1:28:37 PM
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City Council
Council Document Type
Resolutions
Meeting Date
08/12/1996
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 within the meaning of Rule 15c2-12 of the Securities and Exchange Commission. <br />For copies of the Official Statement or for any additional information prior to sale, any <br />prospective purchaser is referred to the Financial Advisor to the City, Springsted Incorporated, <br />85 East Seventh Place, Suite 100, Saint Paul, Minnesota 55101, telephone (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 a proposal therefor, the City agrees that, no <br />more than seven business days after the date of such award, it shall provide without cost to the <br />senior managing underwriter of the syndicate to which the Bonds are awarded 185 copies of <br />the Official Statement and the addendum or addenda described above. The City designates <br />the senior managing underwriter of the syndicate to which the Bonds are awarded as its agent <br />for purposes of distributing copies of the Final Official Statement to each Participating <br />Underwriter. Any underwriter delivering a proposal with respect to the Bonds agrees thereby <br />that if its proposal is accepted by the City (i) it shall accept such designation and (ii) it shall <br />enter into a contractual relationship with all Participating Underwriters of the Bonds for purposes <br />of assuring the receipt by each such Participating Underwriter of the Final Official Statement. <br />Dated August 12, 1996 BY ORDER OF THE CITY COUNCIL <br />/s/ Marilyn Anderson <br />Clerk <br />- iv - <br />
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