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statement, official statement or such other offering or disclosure documents as may be necessary <br />to expedite the sale of the Bonds. The preliminary official statement, official statement or other <br />documents shall be published in such publications and distributed in such manner and at such <br />times as the Chief Financial Officer shall determine. The Chief Financial Officer is authorized <br />and directed to deem the preliminary official statement with respect to the Bonds "final" for <br />purposes of Securities and Exchange Commission Rule 15c2-12. <br /> <br /> Continuing Disclosure. The City Manager and the Chief Financial Officer, or either of them, <br />are authorized and directed to enter into a Continuing Disclosure Agreement for the benefit of <br />the owners of the Bonds to assist the Underwriter for the Bonds in complying with the provisions <br />of Section (b)(5) of Securities and Exchange Commission Rule 15c2-12. <br /> <br /> Further Actions. The City Manager and the Chief Financial Officer and such officers and <br />agents of the City as either of them may designate are authorized and directed to take such <br />further action and to execute and deliver such additional agreements, documents and certificates <br />as they deem necessary regarding the Bonds and all actions taken by such officers and agents in <br />connection with the Bonds are ratified and confirmed. <br /> <br /> Effective Date: Applicable Law. In accordance with Section 15.2-2601 of the Public Finance <br />Act of 199I, Chapter 26, Title 15.2, 1950 Code of Virginia, as amended, (the "Act"), the City <br />Council elects to issue the Bonds pursuant to the provisions of the Act. This Resolution shall <br />take effect on the date of its adoption. <br /> <br /> <br />