1980-076 CRA - Laserfiche WebLink

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. . . . . . ARTICLE III SALE AND DELIVERY OF THE BONDS 301. Sale of Bonds. A. The Bonds authorized to be issued herein shall be sold to Miller & Schroeder Municipals, Inc., acting on behalf of themselves and certain dealers (the "Purchasers"), at an aggregate price of $ll,097,500 (96-1/2%) of the principal amount thereof, plus accrued interest on the Bonds from July 1, 1980, to the date of de 1 ivery of and payment for the Bonds, on the terms and conditions set forth in that certain agreement entitled "Purchase Contract" dated as of July 1, 1980, between the Agency and the Purchasers in the form presented at this meeting of the Agency and upon the basis of the reresentations therein set forth. The Purchase Contract is hereby accepted and approved, and, the Chairman and Secretary are hereby authorized to execute and del iver the Purchase Contract to the Purchasers evidencing the acceptance thereof by the Agency. 8. The Final Official Statement of the Agency in the form presented at this meeting with such changes, omissions, insertions and revisions as the Chairman shall deem appropriate to cause the Final Official Statement to describe accurately the Bonds and the Residential Mortgage Financing Program are hereby authorized and approved. The Chairman is hereby authorized to sign and deliver such Final Official Statement to the Purchasers for distribution to prospective purchasers and other interested persons and the signing of the Final Official Statement by the Chairman shall be deemed to be approval by this Agency of any such changes, omissions, insertions and revisions. The Agency confirms the distribution of the Preliminary Official Statement dated June 1&, 1980, to prospective purchasers. 302. Manual Authentication of Bonds. The Trustee is hereby authorized and directed to authenticate by the manual signature of one or more of its authorized officers the execution of the Bonds in accordance with the further provisions of Section 304 of the Resolution. 303. Delivery of 80nds. The Bonds shall be delivered to the Purchasers, upon compliance wlth the provisions of the Resolution and this Supplemental Resolution, at such time and place as provided in, and subject to, the provisions of the Purchase Contract. 304. Further Authority, The Chairman, Secretary and Executive Director of the Agency are, and each of them is, hereby authorized to do or perform all such acts and to execute all such certificates, documents and other instruments as they or either of them deem necessary or advisable to provide for the issuance, sale and delivery of the Bonds to the Purchasers, including the Mortgage Loan Purchase Agreement on this date submitted to the Agency by and among the Agency, Wells Fargo Mortgage Company acting in its capacity as Qualified Mortgage Lender and the Trustee, as supplemented by the Sellers' 7