1996-04 HA - Laserfiche WebLink

Home Browse Search

. - . - . Section 4. The Underwriter is hereby authorized to distribute copies of the Official Statement to persons who may be interested in the purchase of the Bonds and is directed to deliver such copies to all actual purchasers of the Bonds. Distribution by the Underwriter of a preliminary official statement relating to the Bonds is hereby approved and authorized. The Designated Officers are, and each of them acting alone is, hereby authorized to execute a certificate to the effect that such preliminary official statement and the Official Statement, as of their respective dates, are deemed final by the Authority for purpose of Rule 15c2-12 under the Securities Exchange Act of 1934, as amended. section 5. The Bonds, when executed, shall be delivered to the Trustee for authentication. The Trustee is hereby requested and directed to authenticate the Bonds by executing the Trustee's certificate of authentication and registration appearing thereon, and to deliver the Bonds, when duly executed and authenticated, to the Underwriter in accordance with written instructions executed on behalf of the Authority by one of the Designate Officers, which instructions such officers are, and each of them is, hereby authorized and directed, for and in the name and on behalf of the Authority, to execute and deliver to the Trustee. Such instructions shall provide for the delivery of the bonds to the Underwriters in accordance with the Purchase Contract, upon payment of the purchase price therefor. section 6. The law firm of Jones Hall Hill & White, A Professional Law corporation, is hereby designated as bond counsel to the Authority with respect to the bonds. The fees and expenses of said firm incurred in connection with their services related to the Bonds shall be payable solely from proceeds of the bonds or contributions by or on behalf of the Developer and not from any revenues or assets of the Authority. section 7. All actions heretofore taken by the officers and agents of the Authority with respect to the issuance of the Bonds are hereby approved, confirmed and ratified, and the proper officers of the Authority, including but not limited to the Designated Officers, are hereby authorized and directed, for and in the name and on behalf of the Authority, to do any and all things and take any and all actions and execute and deliver any and all certificates, agreements and other documents which they, or any of them, may deem necessary or advisable in order to consummate the lawful issuance and delivery of the Bonds in accordance with this Resolution, including but not limited to those certificates, agreements and other documents described in the documents listed in Section 3 above and any certificates, agreements or documents as may be necessary to further the purposes hereof, or evidence credit support or additional security for the bonds, but which shall not create any obligation or liability of the Authority other than with respect to the revenues and assets derived from the proceeds of the Bonds or the Project.