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83-051
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83-051
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Last modified
6/13/2016 4:51:26 PM
Creation date
6/26/2003 10:46:53 AM
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City Clerk
Doc Type
Resolution
Doc #
83-51
Date
4/18/1983
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(i) Bond Purchase Agreement dated as of April <br />18, 1983 between Blyth Eastman Pain Webber, <br />Inc. (the "Underwriter") and the City; <br />(ii) Indenture of Trust dated as of April 1, <br />1983 between First Interstate Bank of <br />California, as Trustee (the "Trustee") and <br />the City (the "Indenture"); <br />(iii) Loan Agreement dated as of April 1, 1983 <br />between the City and Kilkenny Associates, A <br />California limited partnership (the "De- <br />veloper"); and <br />(iv) Preliminary Official Statement dated as of <br />April 1 1983 (the "Preliminary <br />Official Statement"), containing informa- <br />tion material to the offering and sale of <br />the Bonds. <br />2. The City Manager or his designee is hereby <br />authorized to approve corrections and additions to the <br />Preliminary Official Statement from time to time, acting <br />with the advice of the Underwriter, its counsel and Bond <br />Counsel, by supplement or amendment thereto, or otherwise as <br />may be appropriate, provided either that any such <br />corrections or additions shall be necessary to cause the <br />information contained in the Preliminary Official Statement <br />to conform with facts material to the Bonds or to <br />requirements of proceedings of this Council; and that the <br />distribution of the Preliminary Official Statement by the <br />Underwriter to potential purchasers of the Bonds in <br />connection with the offering thereof for sale is hereby <br />approved. <br />3. The Mayor, the City Clerk, the Director of Finance <br />and the City Manager, and each of them, acting alone, are <br />hereby severally authorized to execute such certificates, <br />agreements and other closing documents as are necessary or <br />customary for the consummation of the transactions <br />contemplated by the documents enumerated in Section 1 of <br />this Resolution. <br />4. The Mayor, the Director of Finance, the City <br />Manager or other appropriate officer of the City are each <br />severally authorized to cause the Preliminary Official <br />Statement to be completed as a final Official Statement (the <br />"Final Official Statement") by inserting therein any <br />additional information deemed appropriate by the Underwrit- <br />er, its counsel or Bond Counsel, and to execute a Final <br />Official Statement and cause it to be delivered to the <br />Underwriter, and the Final Official Statement, in such form, <br />is hereby approved. <br />
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