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1996-04 HA
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1996-04 HA
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Last modified
1/3/2012 12:20:03 PM
Creation date
2/28/2005 3:53:15 PM
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City Clerk
Doc Type
Resolution
Doc #
HA 1996-04
Date
9/3/1996
Destruction Year
PERM
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<br />. <br /> <br />hereby authorized to be issued. The Bonds shall be executed by the <br />manual or facsimile signature of the Chairman, the seal or <br />facsimile of the seal of the Authority shall be recorded thereon <br />and attested by the manual or facsimile signature of the Secretary, <br />in the form set forth in and otherwise in accordance with the <br />Indenture. <br /> <br />section 3. The documents listed below <br />in the respective forms on file with the <br />approved: <br /> <br />relating to the Bonds, <br />Secretary, are hereby <br /> <br />a. <br /> <br />Indenture <br />Authority <br />Trustee)¡ <br /> <br />of <br />and <br /> <br />Trust (the <br />the trustee <br /> <br />II Indenture") <br />identified <br /> <br />between <br />therein <br /> <br />the <br />(the <br /> <br />b. <br /> <br />Financing Agreernent, among the Authority, the Trustee, <br />the Developer and the Lender; <br /> <br />c. <br /> <br />Regulatory <br />Covenants, <br />Developer¡ <br /> <br />Agreement and Declaration of Restrictive <br />among the Authority, the Trustee and the <br /> <br />d. <br /> <br />Bond Purchase Agreement (the IIpurchase Contract"), among <br />the Authority, the Developer, and Newman and Associates, <br />Inc. (the "Underwriter")¡ and <br /> <br />. <br /> <br />Official Statement of the Authority describing the Bond <br />offering the "Official Statement"). <br /> <br />The Chairman, the Executive Director, the Assistant Executive <br />Director and the Finance Officer of the Authority (the "Designated <br />Officers") are, and each of them acting alone is, hereby authorized <br />and directed, for and in the name and on behalf of the Authority, <br />to execute and deliver each of the above-listed documents, and the <br />Secretary is hereby authorized and directed, for and in the name <br />and on behalf of the Authority, to attest the Designated Officer's <br />signature on the documents which provide for such attestation, in <br />said forms, together with such additions thereto or changes therein <br />as are recommended or approved by the Executive Director upon <br />consultation with bond counsel to the Authority and the City <br />Attorney's office, including such additions or changes as are <br />necessary or advisable in accordance with section 7 hereof <br />(provided that no additions or changes shall authorize an aggregate <br />principal amount of Bonds in excess of $16,100,000, result in an <br />initial interest rate on the Bonds in excess of 8.0% per annum or <br />result in an underwriters' discount or fee in excess of 2.0% of the <br />aggregate principal amount of the Bonds), the approval of such <br />additions or changes to any of such documents to be conclusively <br />evidenced by the execution and delivery by the Authority of the <br />respective document. The date, maturity dates, interest rate or <br />rates, interest payment dates, denominations, form, registration <br />privileges, manner of execution, place of payment, terms of <br />redemption and other terms of the Bonds shall be as provided in the <br />Indenture as finally executed. <br /> <br />e. <br /> <br />- <br />
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