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2025.07.07 CC Packet
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2025.07.07 CC Packet
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11/3/2025 1:49:35 PM
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City Council
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172994853v4 <br /> <br /> <br /> 8 <br /> <br />affidavits or certificates as to all other matters which are reasonably necessary to evidence the <br />validity of the Note. All such certified copies, certificates and affidavits, including any heretofore <br />furnished, shall constitute recitals of the City as to the correctness of all statements contained <br />therein. <br />4.3 Authorization to Execute Agreements. The forms of the proposed Loan Agreement <br />and Pledge Agreement are hereby approved in substantially the form presented to the City Council, <br />together with 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 Bond Counsel prior to the execution of the documents. The Mayor <br />and the City Administrator of the City are authorized to execute the Loan Agreement and the <br />Pledge Agreement and such other documents as Bond Counsel consider appropriate in connection <br />with the issuance of the Note, in the name of and on behalf of the City. In the event of the absence <br />or disability of the Mayor or the City Administrator such officers of the City as, in the opinion of <br />the City Attorney, may act on their behalf, shall without further act or authorization of the City <br />Council do all things and execute all instruments and documents required to be done or executed <br />by such absent or disabled officers. The execution of any instrument by the appropriate officer or <br />officers of the City herein authorized shall be conclusive evidence of the approval of such <br />documents in accordance with the terms hereof. <br />
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