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62-093
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62-093
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Last modified
1/3/2012 12:36:52 PM
Creation date
6/26/2003 10:27:32 AM
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City Clerk
Doc Type
Resolution
Doc #
62-93
Date
5/18/1962
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Bureau of Internal Revenue or by a decision of any federal <br />court, or shall be declared taxable by the terms of any <br />federal income tax law enacted subsequent to the date of <br />this notice. <br /> <br /> Lesal Opinion: The unqualified opinion of O'Melveny <br />& Myers, attorneys, approving the validity of said bonds will <br />be furnished the successful bidder at or prior to the date of <br />delivery of the bonds, at the expense of the city. A copy of <br />such opinion, certified by an appropriate officer of the city <br />by his facsimile signature, will be printed on the back of each <br />bond unless the purchaser requests that such printed copy be <br />omitted. No charge will be made to the purchaser for such <br />printing or certification. <br /> <br /> No Litisation Certificate: At the time of payment <br />for and delivery of said bonds, the city will furnish the <br />successful bidder a certificate that there is no litigation <br />pending affecting the validity of the bonds. <br /> <br /> INFORMATION AVAILABLE: For further information <br />respecting the terms and conditions of the bonds, bidders <br />are referred to the copy of the resolution of issuance which <br />accompanies the Official Statement. Said resolution contains <br />the various covenants and provisions made for the security <br />and protection of the bondholders, including covenants relat- <br />ing to rates and charges to be made for water service, the use <br />of the revenues of the water system, the establishment of funds, <br />the limitations upon transfer from the Water Fund, the limita- <br />tions upon additional debt payable from such revenues, and <br />said bonds shall be issued under and pursuant to said resolu- <br />tion. Copies of this notice inviting bids for the purchase <br /> <br />10. <br /> <br /> <br />
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