Laserfiche WebLink
<br />. <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />(2) <br /> <br />Specify the securities to be purchased and <br /> <br />the price or prices at which they shall be purchased; <br /> <br />and <br /> <br />(3) <br /> <br />Specify the sale and purchase date of the <br /> <br />securities to be sold and purchased, <br /> <br />(b) <br /> <br />The securities specified to be purchased shall <br /> <br />constitute non-callable direct obligations of, or <br /> <br />obligations the principal of and interest on which are <br /> <br />fully guaranteed by, the United States of America, <br /> <br />(c) <br /> <br />There shall be delivered to the Escrow Bank, <br /> <br />simultaneously with the aforesaid direction, an opinion of <br /> <br />an independent certified public accountant demonstrating <br /> <br />that the substituted securities to be on deposit in the <br /> <br />Escrow Fund, after such sale and purchase and after payment <br /> <br />of all fees and expenses in respect of the said sale and <br /> <br />purchase, shall mature and pay interest on such dates and <br /> <br />in such amounts as are necessary to satisfy fully the <br /> <br />obligations of the Agency to pay the principal of, premium, <br /> <br />if any, and interest on the Refunded Bonds when and as the <br /> <br />same mature or otherwise become payable as provided in this <br /> <br />Section. <br /> <br />(d) <br /> <br />There shall be delivered to the Escrow Bank, <br /> <br />simultaneously with the aforesaid direction, (i) an opinion <br /> <br />of nationally recognized bond counsel to the effect that <br /> <br />(a) such sales and purchase of the substituted securities <br /> <br />will not cause the Refunded Bonds or the Bonds to become <br /> <br />05-12-86 <br />1677k/2281/06 <br /> <br />-5- <br />