Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />M-!,,-~ <br /> <br />(the "Trustee") <br />with the duties <br />the Indenture. <br /> <br />for the Authority and the owners of the Bonds, <br />and powers of such Trustee as are set forth in <br /> <br />Section 5. J:ndenture. The proposed form of the <br />Indenture presented at this meetin; by and between the Authority <br />and the Trustee is hereby approv!Ìld and the Chairman, Vice <br />Chairman, the Secretary or the Manager are hereby authorized and <br />directed, for and in the name and on behalf of the Authority, to <br />executed, acknowledge and deliver to the Trustee the Indenture <br />in substantially the form hereby approved, with such <br />non-substantive additions or ch&n9" as the officers executing <br />the same may approve and which may be consistent with the Bond <br />Purchase Agreement hereinafter reterred to, such approval to be <br />conclusively evidenced by the execution and delivery thereof. <br /> <br />Section 6. FOJ:Jl of Bon48. The form of the bonds as <br />set forth in the Indenture as presented to this meeting is <br />hereby approved and the Chairman, Vice Chairman, the Secretary <br />or the Manager are hereby authorized and. directed to execut.e by <br />manual or facsimile signature, in the name and on behalf of the <br />Authority and under its seal, such Bonds in either temporary <br />and/or definitive form in the aggregate principal aaount set <br />forth in the Indenture and all in accordance with the terms and <br />provisions of the Indenture. <br /> <br />Section 7. Loan Aqreeaent. The form of the Loan <br />Agreement (the "Loan Agreement") as presented to this meeting by <br />and among the Authority, the Developer and the Trustee, whereby <br />the proceeds of the bonds are to be loaned to the Developer for <br />the purpose of financing the Project is hereby approved and the <br />Chairman, Vice Chairman, the secretary or the Manager are hereby <br />authorized and directed, for and in the name of the Authority to <br />execute the Loan Agreement in substantially the form hereby <br />approved, with such non-substantive changes therein as the <br />officers executing the same may approve, such approval to be <br />conclusively evidenced by the execution and delivery thereof. <br /> <br />Section 8. ReeaeJ:91ng Aqreeaent. The form of the <br />Reemerqing Agreement (the "Reemerging Agreement"), as presented <br />to this meeting to be executed by the Authority, the Developer <br />and Prudential-Bache Securities, Inc., as Reemerging Agent (the <br />"Reemerqing Agent"), pursuant to which the Reemerging Agent <br />agrees to act as remarketing agent in connection with the <br />remarketing of the Bonds pursuant to the Indenture, is hereby <br />approved and the Chairman, Vice Chairman, the Secretary or the <br />Manager are hereby authorized and directed, for and in the name <br />of the Authority, to execute the R.emerqing Agreement in <br />substantially the form hereby approved, with such changes <br />therein as the officers executing the same may approve, such <br />approval to be conclusively evidenced by the execution and <br />delivery thereof. <br /> <br />Section 9. Bond Purcha- Aqreeaent. The form of <br />Bond Purchase Agreement for the purchase of the bonds as <br />presented to this meeting by Bancroft, Garcia & Lavell, Inc., <br />