My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
84-169
NewBrighton
>
Council
>
Resolutions
>
Resolutions 1984
>
84-169
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/15/2005 7:13:33 AM
Creation date
8/10/2005 11:15:42 AM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
9
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />and does hereby authorize and direct the execution of the <br />Bonds by the facsimile signatures of the Mayor and the City <br />Manager and does hereby provide that the Indenture shall <br />provide the terms and conditions, covenants, rights, obliga- <br />tions, duties and agreements of the holders of the Bonds, <br />the Issuer and the Trustee as set forth therein. <br /> <br />All of the provisions of the Indenture, when executed <br />and delivered as authorized herein, shall be deemed to be a <br />part of this resolution as fully and to the same extent as <br />if incorporated verbatim herein and shall be in full force <br />and effect from the date of execution and delivery <br />thereof. The Indenture shall be substantially in the form <br />on file in the office of the City Clerk-Treasurer with such <br />necessary and appropr iate var iations, omissions and inser- <br />tions as permitted or required or as the City Manager, in <br />his discretion and on the advice of counsel, shall deter- <br />mine, and the execution thereof by the City Manager shall be <br />conclusive evidence of such determination. <br /> <br />Section 4. The Mayor and the City Manager and the City <br />Clerk-Treasurer are hereby authorized and directed to exe- <br />cute, attest and deliver the Agreement by and between the <br />Issuer and the Borrower. All of the provisions of the <br />Agreement, when executed and delivered as authorized herein, <br />shall be deemed to be a part of this resolution as fully and <br />to the same extent as if incorporated verbatim herein and <br />shall be in full force and effect from the date of execution <br />and delivery thereof. The Agreement shall be substantially <br />in the form on file in the office of the City Clerk-Trea- <br />surer with such necessary and appropriate variations, <br />omissions and insertions as permitted or required or as the <br />City Manager, in his discretion and on the advice of coun- <br />sel, shall determine, and the execution thereof by the City <br />Manager shall be conclusive evidence of such determination. <br /> <br />Section 5. The City Manager is hereby authorized and <br />directed to accept and confirm the Bond Purchase Agreement, <br />respecting the Bonds (the "Bond Purchase Agreement"), from <br />the Original Purchaser, and accepted by the Issuer, the Bor- <br />rower and the Guarantor. All of the provisions of the Bond <br />Purchase Agreement, when accepted and confirmed as autho- <br />rized herein, shall be deemed to be a part of this resolu- <br />tion as fully and to the same extent as if incorporated ver- <br />batim herein and shall be in full force and effect from the <br />date of execution and delivery thereof. <br /> <br />Section 6. All covenants, stipulations, obligations and <br />agreements of the Issuer contained in this resolution and <br />contained in the Indenture, the Agreement and the Bond Pur- <br />chase Agreement shall be deemed to be the covenants, stipu- <br />lations, obligations and agreements of the Issuer to the <br /> <br />- 5 - <br />
The URL can be used to link to this page
Your browser does not support the video tag.