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Certificate and Tax Covenants and that the City will comply with the other covenants and <br />representations contatned therein. <br /> <br /> 12. Disclosure Documents. The Chief Financial Officer and the City Manager, or either <br />of them. and such officers and agents of the City as either of them may designate are hereby <br />authorized and directed to prepare, execute, if required, and deliver a preliminary official <br />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 ~vith respect to the Bonds "final" for <br />purposes of Securities and Exchange Commission Rule 15c2~12. <br /> <br /> 13. Continuma Disclosure. The City Manager and the Chief Financial Officer, or either <br /> of them. are authorized and directed to enter into a Continuing Disclosure Agreernem for the <br /> benefit of the owners of the Bonds to assist the underwriter for the Bonds in complying with the <br /> provisions of Section (b)(5) of Securities and Exchange Commission Rule 15c2-12. <br /> <br /> 14. Authorization of Bond Anticipation Notes. If prior to the offering of any series of the <br /> Bonds, market or other conditions are such that the City Manager, in consultation with the Chief <br /> Financial Officer. determines that it is not advisable to enter into a long-term financing for all or <br /> any portion of the costs of the various public improvement projects, the City Manager, without <br /> further approval of the City Council as to documentation or otherwise, may execute, deliver and <br /> issue short-term notes of the City ("Notes") as provided in Section 15.2-2628 of the Code of <br /> Virgtnia of 195~3. as amended, at public or private sale in anticipation of the issuance of any or <br /> all series of the Bonds; provided the principal mount of the Notes shall not exceed $17,010,000, <br /> <br /> .7- <br /> <br /> <br />