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2017.07.05 RESO 2017-23 Autism Bond
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2017.07.05 RESO 2017-23 Autism Bond
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10/26/2017 2:05:00 PM
Creation date
7/6/2017 10:52:52 AM
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City Council
Document Type
Resolutions
Meeting Date
7/5/2017
Meeting Type
Regular
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thereto, and that the Bonds, including interest thereon, are payable solely from the revenues <br />pledged to the payment thereof; and, the Bonds shall not constitute a debt of the City within the <br />meaning of any constitutional or statutory limitation. <br />7. The forms of the Bond Documents and exhibits thereto are approved substantially <br />in the form submitted. The Bond Documents, in substantially the forms submitted, are directed <br />to be executed in the name and on behalf of the City by the Mayor and the City Administrator. <br />Any other documents and certificates necessary to the transaction described above shall be <br />executed by the appropriate City officers. Copies of all of the documents necessary to the <br />transaction herein described shall be delivered, filed, and recorded as provided herein and in the <br />Bond Documents. <br />8. The City shall proceed forthwith to issue the Bonds, in the form and upon the <br />terms set forth in the Financing Agreement. The Bonds will be purchased on substantially the <br />terms set forth in the Financing Agreement which has been submitted to the City in connection <br />with this Resolution. The Mayor and City Administrator are authorized and directed to prepare <br />and execute the Bonds as prescribed in the Financing Agreement and to deliver them to the <br />Purchaser. <br />9. The Mayor, City Administrator, and other officers of the City are authorized and <br />directed to prepare and furnish to the Purchaser certified copies of all proceedings and records of <br />the City relating to the Bonds, and such other affidavits and certificates as may be required to <br />show the facts relating to the legality of the bonds as such facts appear from the books and <br />records in the officers' custody and control or as otherwise known to them; and all such certified <br />copies, certificates and affidavits, including any heretofore furnished, shall constitute <br />representations of the City as to the truth of all statements contained herein. <br />10. The approval hereby given to the various documents referred to above includes <br />approval of such additional details therein as may be necessary and appropriate and such <br />modifications thereof, deletions therefrom and additions thereto as may be necessary and <br />appropriate and approved by the Bond Counsel and the City officials authorized herein to <br />execute said documents prior to their execution; and said City officials are hereby authorized to <br />approve said changes on behalf of the City. The execution of any instrument by the appropriate <br />official or officials herein authorized shall be conclusive evidence of the approval of such <br />documents in accordance with the terms hereof. <br />11. The approval hereby given to the Bond Documents and the various other <br />documents referred to in paragraph 5 above includes approval of (a) such additional details <br />therein as may be necessary and appropriate and such modifications thereof, deletions therefrom <br />and additions thereto as may be necessary and appropriate and approved by Bond Counsel, the <br />City Attorney and the City officials authorized herein to execute said documents prior to their <br />execution and (b) such additional documents, agreements or certificates as may be necessary and <br />appropriate in connection with the Bond Documents and with the issuance and sale of the Bonds <br />and approved by Bond Counsel and City officials authorized herein to execute said documents <br />prior to their execution; and said Bond Counsel and City officials are hereby authorized to <br />approve said changes or additional documents, agreements or certificates on behalf of the City. <br />The execution of any instrument by the appropriate officer or officers of the City herein <br />LI <br />8345736v2 <br />
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