2004 Resolutions - Laserfiche WebLink

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as may be necessary or appropriate to conform to any applicable rules and regulations of any governmental authority or any usage or requirement of law with respect thereto. 5. Appointment of Note Registrar and Paying Agent. The Chief Financial Officer of the City is appointed as Note Registrar and Paying Agent for the Note. The City Manager may appoint a subsequent registrar and/or one or more paying agents for the Note by giving written notice to the owner of the Note specifying the name and location of the principal office of any such registrar or paying agent. 6. Execution of Note; Financing Documents. The City Manager, the Chief Financial Officer and the Clerk of the City Council are authorized and directed to execute an appropriate Note or Notes and to affix the seal of the City thereto and to deliver the Note or Notes to the purchaser or purchasers thereof upon payment of the purchase price. The manner of execution and affixation of the seal may be by facsimile, provided, however, that if the signatures of the City Manager and the Clerk are both by facsimile, the Note shall not be valid until signed at the foot thereof by the manual signature of the Note Registrar. The City Manager, the Chief Financial Officer of the City and the Clerk of the City Council are authorized to execute and deliver such other fmancing documents as may be necessary to provide for the issuance and sale of the Note, including making application for municipal note insurance and entering mto such agreements as may be necessary in connection with such insurance, if deemed advisable by the City Manager and the Chief Financial Officer of the City. 7. Registration, Transfer and Exchange. Upon surrender for transfer or exchange of any Note at the principal office of the Note Registrar, the City shall execute and deliver and the Note Registrar shall authenticate in the name of the transferee or transferees a new Note or Notes of any authorized denomination in an aggregate principal amount equal to the Note surrendered and of the same form and maturity and bearing interest at the same rate as the Note surrendered, subject in each case to such reasonable regulations as the City and the Note Registrar may prescribe. Any Note presented for transfer or exchange shall be accompanied by a written instrument or instruments of transfer or authorization for exchange, in form and substance reasonably satisfactory to the City and the Note Registrar, duly executed by the registered owner or by his or her duly authorized attorney-in-fact or legal representative. No Note may be registered to bearer. A new Note delivered upon any transfer or exchange shall be a valid obligation of the City, evidencing the same debt as the Note surrendered, shall be secured by this Resolution and entitled to all of the security and benefits hereof to the same extent as the Note surrendered. 8. Charges for Exchange or Transfer. No charge shall be made for any exchange or transfer of any Note, but the City may require payment by the registered owner of any Note of a sum sufficient to cover any tax or other governmental charge which may be imposed with respect to the transfer or exchange of such Note. 9. Further Actions. The City Manager and the Chief Financial Officer of the City and such officers and agents of the City as either of them may designate are authorized and directed to take such further action as they deem necessary regarding the issuance and sale of the -2-