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RES 22-046 RELATING TO THE $2,385,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2022A; AUTHORIZING THE ISSUANCE, AWARDING THE SALE, PROVIDING FOR EXECUTION OF LEVYING AD VALOREN TAXES FOR PAYMENT OF
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RES 22-046 RELATING TO THE $2,385,000 GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES 2022A; AUTHORIZING THE ISSUANCE, AWARDING THE SALE, PROVIDING FOR EXECUTION OF LEVYING AD VALOREN TAXES FOR PAYMENT OF
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facts relating to the legality and marketability of the Bonds, as the same appear from the books <br />and records in their custody and control or as otherwise known to them, and all such certified <br />copies, affidavits and certificates, including any heretofore furnished, shall be deemed <br />representations of the City as to the correctness of all statements contained therein. <br />10.03. Official Statement. The Preliminary Official Statement relating to the Bonds <br />prepared and distributed by Ehlers is hereby approved. Ehlers is hereby authorized on behalf of <br />the City to prepare and distribute to the Purchaser within seven business days from the date hereof, <br />a Final Official Statement listing the offering price, the interest rates, selling compensation, <br />delivery date, the underwriters and such other information relating to the Bonds required to be <br />included in the Official Statement by Rule 15c2-12 adopted by the Securities and Exchange <br />Commission under the Securities Exchange Act of 1934. The officers of the City are hereby <br />authorized and directed to execute such certificates as may be appropriate concerning the accuracy, <br />completeness and sufficiency of the Official Statement. <br />10.04. Authorization of Payment of Certain Costs of Issuance of the Bonds <br />The City authorizes the Purchaser to forward the amount of Bond proceeds allocable to <br />the payment of issuance expenses to Wells Fargo Bank, N.A. on the closing date for further <br />distribution as directed <br />/ybjy Ehlers. <br />Adopted this �V day of May, 2022. <br />dy Stille, ayor <br />ATTEST: <br />ity Clerk <br />Reviewed for administration: <br />Charlie Yunker, City Manager <br />4876-8449-2315\4 16 <br />
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