1976 Resolutions - Laserfiche WebLink

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provided that if any such project shall require less than the entire amount set forth above opposite such project, the difference may be applied to any other such project° 5. The City shall make no use of the proceeds of the sale of the Bonds which would cause the Bonds to be "Arbitrage bonds" under Section 103(d) of the U. S. Internal Revenue Code of 1954, as amended, and the City shall comply with the applicable regulations of the Interna~ Revenue Service adopted under said Section 103(d) so long as any Bond is outstanding. 6. The Bonds shall be executed, for and on behalf of the City, by the manual or facsimile signatures of the Mayor and City Treasurer of the City, and the corporate seal of the City shall be impressed or a facsimile thereof imprinted on the Bonds and attested by the manual or facsimile signature of the City Clerk of th~ City; provided that at least one of such signatures on. the Bonds shall be a manual signature. The Bonds, except when registered as to both principal and interest, shall have coupons attached thereto representing the interest on the Bonds, which coupons shall be executed by the facsimile signature of the said City Treasurer. 7. CUSIP identification numbers may be printed on the Bonds, but neither the failure to print any such number on any Bond nor any error or omission with respect thereto shall constitute cause for failure or refusal by the success- ful bidder for the Bonds to accept delivery of and pay for the Bonds in accordance with the terms of its bid. No such number shall constitute or be deemed to be a part of any Bond or a part of the contract evidenced thereby and no liability shall attach to the City or any of its officers or agents because of or on account of any such number or any use made thereof. All expenses in relation to the printing of such numbers on the Bonds shall be paid by the City; provided, however, that the CUSIP Service Bureau charge for the assignment of such numbers shall be the responsibility of and shall be paid for by the successful bidder for the Bonds. A copy of the complete final legal opinion with respect to the Bonds, with the name of the attorney or attorneys rendering same, together with a certification of the City Clerk, executed by a facsimile signature of that officer, to the effect that such copy is a true and correct copy of the legal opinion which was dated as of the date of delivery of and payment for the Bonds, may be printed on the Bonds. -4-