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RESOLUTION 94-002 SAFA Page 12 Section 4. The Secretary of the Authority is hereby authorized and directed to cause a notice of the intention to sell the Series 1994 Bonds to be published once, at least fifteen days prior to the Sale Date, in The Bond Buyer, a financial publication seasonably expected to be disseminated amon9 prospective bidders for the Series 1994 Bonds. Such notice shall include the date or dates, time and place of the sale and the amount of bonds to be sold. Section 5. The Authority authorizes an official statement of the Authority relatin9 to the Series 1994 Bonds to be prepared by the Financial Consultant. Said official statement shall be substantially in the form presented to this meeting, with such chan~es, additions and completions therein as the Executive Director may approve with the advice of counsel. When the form of said official statement has been approved by the Executive Director, the Executive Director may authorized the distribution thereof, including the mailin~ by the Financial Consultant to prospective bidders for the Series 1994 Bonds of copies of ~aid official statement, of the Resolution, the Indenture and of the notice of sale of the Series 1994 Bonds, includin~ a bid form, the cost of printin9 and mailin~ said documents to be borne by the Authority. Section 6. The Executive Director is authorized to award the Series 1994 Bonds in the name and on behalf of the Authority under the terms and conditions stated in the notice of sale to the bidder with the best bid therefor determined in accordance with said notice of sale. Section 7. The Financial Consultant and/or Bond Counsel are hereby authorized and directed to open the bids at the time and place specified in said Official Notice of Sale and to present the same to the Authority. The Financial Consultant~ and/or Bond Counsel are hereby authorized and directed to receive and record the receipt of all bids made pursuant to said Official Notice of Sale, to cause said bids to be examined for compliance with said Official Notice of Sale, to cause computations to be made as to which bidder has bid the lowest true interest cost to the Authority and to present such bids'to the Authority, as provided in said Official Notice of Sale, alon~ with a report as to the foregoin~ and any other matters deemed pertinent to the award of the Series 1994 Bonds and proceedings for the issuance thereof. The Chairman, the Executive Director, the Secretary and the Authority General Counsel are each hereby authorize and directed in the name and on behalf of the Authority to take any and all steps and to issue and deliver any and all certificates, requisitions, a~reements, notices, consents, and other documents, which they or any of them might deem necessary or appropriate~in order to consummate the lawful issuance, sale and delivery of said Series 1994 Bonds.