Laserfiche WebLink
<br />I I <br /> <br />, .' <br /> <br />arcel within any TIF District) to the payment of the Bonds to the extent and in the <br />anner permitted by law so long as such action does not preclude the City from paying <br />hen due the principal of and interest on the Bonds or otherwise impair the City's full <br />aith and credit pledge, and to apply to other lawful purposes the Available Tax <br />ncrements to the extent and in the manner permitted by law. <br /> <br />ection 5. <br /> <br />Authentication of Transcript. <br /> <br /> <br />.01. The officers of the City are authorized and directed to prepare and furnish to the <br />urchaser and to the attorneys approving the Bonds, certified copies of proceedings and <br />ecords of the City relating to the Bonds and to the financial condition and affairs of the <br />ity, and such other certificates, affidavits and transcripts as may be required to show the <br />acts within their knowledge or as shown by the books and records in their custody and <br />der their control, relating to the validity and marketability of the Bonds, and such <br />nstruments, including any heretofore furnished, may be deemed representations of the <br />ity as to the facts stated therein. <br /> <br />.02. The Mayor, City Manager, and Finance Director are hereby authorized and <br />irected to certify that they have examined the Official Statement prepared and circulated <br />n connection with the issuance and sale of the Bonds and that to the best of their <br />owledge and belief the Official Statement is a complete and accurate representation of <br />he facts and representations made therein as of the date of the Official Statement. <br /> <br />.02. With respect to Bonds registered in the registration books kept by the Bond <br />egistrar in the name of Cede & Co., as nominee of DTC, the City, the Bond Registrar <br />nd the Paying Agent will have no responsibility or obligation to 'any broker dealers, <br />auks and other financial institutions from time to time for which DTC holds Bonds as <br />ecurities depository (Participants) or to any other person on behalf of which a Participant <br />aIds an interest in the Bonds, including but not limited to any responsibility or <br />obligation with respect to (i) the accuracy of the records of DTC, Cede & Co. or any <br />articipant with respect to any ownership interest in the Bonds, (ii) the delivery to any <br />Participant or any other person (other than a registered owner of Bonds, as shown by the <br />registration books kept by the Bond Registrar,) of any notice with respect to the Bonds, <br />including any notice of redemption, or (iii) the payment to any Participant or any other <br />person, other than a registered owner of Bonds, of any amount with respect to principal <br />SJB-252 Ov J <br />NE136-1 <br /> <br /> <br />Book-Entry System; Limited Obligation ofCitv. <br /> <br />.01. The Bonds will be initially issued in the form of a separate single typewritten or <br />rinted fully registered Bond for each of the maturities set forth in Section 1.03 hereof. <br />pan initial issuance, the ownership of each Bond will be registered in the registration <br />ooks kept by the Bond Registrar in the name of Cede & Co., as nominee for The <br />epository Trust Company, New York, New York, and its successors and assigns (DTe). <br />xcept as provided in this section, all of the outstanding Bonds will be registered in the <br />egistration books kept by the Bond Registrar in the name of Cede & Co., as nominee of <br />TC. <br /> <br />II! <br />! <br />