Laserfiche WebLink
RESOLUTION NO. 82-159 <br /> <br />shall be subject to such other terms and conditions as are <br />set forth therein. <br /> <br /> 2.03 Execution. The City Note shall be executed on <br />behalf of the City by the manual signature of its Mayor and <br />attested by the manual signature of its City Clerk and shall <br />have the seal of the City affixed thereon. In case any <br />officer whose signature shall appear on the City Note shall <br />cease to be such officer before the delivery of the City <br />Note, such signature shall nevertheless be valid and <br />sufficient for all purposes, the same as if he had remained <br />in office until delivery. <br /> <br /> 2.04 Delivery of City Note. Before delivery of the <br />City Note there shall be delivered to the Purchaser the <br />following: <br /> <br /> (a) An executed copy of each of the following <br />documents: <br /> <br /> (1) The Loan Agreement executed among the <br />City, the Developer and the Purchaser; <br /> <br /> (2) The Security Documents described in the <br />Loan Agreement executed (and when appropriate, <br />acknowledged) by Developer; <br /> <br /> (3) The Pledge Agreement executed by the <br />City; <br /> <br /> (4) Ail other documents as may be required <br />pursuant to the terms of the Loan Agreement. <br /> <br /> (b) An Opinion of Counsel for the Developer in <br />scope and substance satisfactory to Bond Counsel as to <br />the authority of the Developer to enter into the trans- <br />action and other related matters; <br /> <br /> (c) The opinion of Bond Counsel as to the <br />validity and tax-exempt status of the City Note in a <br />form satisfactory to the Purchaser; <br /> <br /> (d) Such other documents and opinions as Bond <br />Counsel may reasonably require for purposes of ren- <br />dering its opinion required in subsection (c) above. <br /> <br />-4- <br /> <br /> <br />