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86-112
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86-112
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Last modified
2/12/2015 9:36:25 AM
Creation date
6/26/2003 10:46:55 AM
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Template:
City Clerk
Doc Type
Resolution
Doc #
86-112
Date
12/1/1986
Document Relationships
85-111
(Amends)
Path:
\Resolutions\CITY COUNCIL\1952 - 1999\1985
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Section <br />delivered to the <br />hereby requested <br /> <br />1~. The Bonds, as executed, shall be <br />Trustee for authentication. The Trustee is <br />and directed to authenticate the Bonds by <br /> <br />executing the Trustee's certificate of authentication appearing <br />thereon, and to deliver the Bonds, when duly executed and <br />authenticated, to the purchasers thereof, in accordance with <br />written instructions executed on behalf of the City by the <br />Mayor, City Manager or the authorized representative of either <br />of them and the Clerk of the Council or Deputy Clerk of the <br />Council, which instructions said officers are hereby authorized <br />and directed, in the name of and on behalf of the City, to <br />execute and deliver to the Trustee. Said instructions shall <br />provide for the delivery of the Bonds to Bankers Trust Company <br />upon payment of the purchase price thereof. <br /> <br /> Section 11. Pursuant to Section 147(f) of the Code, <br />the Council hereby approves the issuance of the Bonds to <br />provide financing for the Project. It is the purpose and <br />intent of the Council that this Resolution constitute approval <br />of the issuance of Bonds by the applicable elected <br />representative of the issuer and the applicable elected <br />representative of the governmental unit having jurisdiction <br />over the area in which the facilities relating to the Project <br />are located, in accordance with said Section 147(f). <br /> <br /> Section 12. The officers of the City are hereby <br />authorized and directed, jointly and severally, to do any and <br />all things and to execute and deliver all documents which they <br /> <br />7 <br /> <br /> <br />
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