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1983-010
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1983-010
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Last modified
1/3/2012 12:19:44 PM
Creation date
1/12/2006 2:04:09 PM
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City Clerk
Doc Type
Resolution
Doc #
1983-010
Date
12/19/1983
Destruction Year
PERM
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<br />execute the Bond, in the name and on behalf of the <br /> <br />Authority and under its seal, in the principal amount <br /> <br />I <br />i <br />i <br />~ <br /> <br />not to exceed $1,500,000 in accordance with the Bond <br /> <br />Purchase Contract and the Indenture and in the form <br /> <br />set forth in the Indenture; the Bond shall bear interest <br /> <br />at the rate set forth in, or established pursuant to <br /> <br />the method set forth in, the Indenture, which is hereby <br /> <br />approved. <br /> <br />Section 6: The Bond, when so executed, shall <br /> <br />be delivered to the Trustee for authentication by <br /> <br />the Trustee. The Trustee is hereby requested and <br /> <br />directed to authenticate the Bond so delivered by <br /> <br />executing the Trustee's Certificate of Authentication <br /> <br />appearing thereon, and to deliver the Bond, when duly <br /> <br />executed and authenticated, to the purchaser thereof <br /> <br />in accordance with written l.nstructions executed on <br /> <br />behalf of the Authority by the Chairman or Secretary, <br /> <br />which instructions said officer is hereby authorized <br /> <br />and directed, for and in the name and on behalf of <br /> <br />the Authority, to execute and to deliver to the <br /> <br />f <br />I <br />f <br />~ <br />~ <br /> <br />Trustee. <br /> <br />Such instructions shall provide for the <br /> <br />delivery of the Bond to the purchaser thereof upon <br /> <br />payment of the purchase price thereof. <br /> <br />6. <br />
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