1996-05 HA - Laserfiche WebLink

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. . . ", . ' amount not to exceed $11,000,000 (the "Bonds"), are hereby authorized to be issued. The Bonds shall be executed by the rnanual or facsimile signature of the Chairman, and attested by the rnanual or facsirnile signature of the Secretary, in the form set forth in and otherwise in accordance with the Indenture (as hereinafter defined). Section 3. The documents listed below relating to the Bonds, in the respective forms on file with the Secretary, are hereby approved: (a) Indenture of Trust (the "Indenture"), between the Authority and the trustee identified therein (the "Trustee"); (b) Financing Agreement, among the Authority, the Trustee, the Developer and the Lender; (c) Regulatory Agreement, among the Authority, the Trustee, and the Developer; (d) Bond Purchase Contract)the Purchase Agreement (the Contract"), among the Authority, the Developer and paineWebber, Inc. (the "Underwriter"); and "Purchase (e) Official Statement of the Authority describing the Bond offering (the "Official Statement");and (f) Remarketing Agreement among the Authority, the Underwriter, and the Developer. The Chairman, the Executive Director, and the Finance Officer of the Authority (the "Designated Officers") are, and each of thern acting alone is, hereby authorized and directed, for and in the name and on behalf of the Authority, to execute and deliver each of the above-listed documents, and the Secretary is hereby authorized and directed, for and in the name and on behalf of the Authority, to attest the Designated Officer's signature on the documents which provide for such attestation, in said forms, together with such additions thereto or changes therein as are recommended or approved by the Executive Director upon consultation with bond counsel to the Authority and the City Attorney's Office, including such additions or changes as are necessary or advisable in accordance with section 7 hereof (provided that no additions or changes shall authorize an aggregate principal amount of Bonds in excess of $11,000,000, result in an initial interest rate on the Bonds in excess of 8 percent per annum or result in an underwriter's discount or fee in excess of 2 percent of the aggregate principal amount of the Bonds), the approval of such additions or changes to any of such documents to be conclusively evidenced by the execution and delivery by the Authority of the respective document, The date, maturity dates, interest rate or rates, interest payment dates, denominations, form, registration privileges, manner of execution, place of payment, terrns of redernption and other terms of the Bonds shall be as provided in the Indenture as finally executed. section 4. The Underwriter is hereby authorized to distribute copies of the Official Statement to persons who may be interested in 11/7/96 10:35 AM