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Ordinances 2013
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Ordinances 2013
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<br />expended as set forth in any such document and that the City will comply with the other <br />covenants and representations contained therein. <br /> <br />13. Disclosure Documents. The City Representative and such officers and agents of <br /> <br />the City as he or she may designate are hereby authorized and directed to prepare, execute, and <br /> <br /> <br />deliver appropriate notice(s) of sale, preliminary official statement, official statement or such <br /> <br /> <br />other offering or disclosure documents as may be necessary to expedite the sale of the Bonds. <br /> <br /> <br />The notice(s) of sale, preliminary official statement, official statement or other documents shall <br /> <br /> <br />be published in such publications and distributed in such manner, including electronically, and at <br /> <br /> <br />such times as the City Representative shall determine. <br /> <br />14. Continuing Disclosure. The City Representative is hereby authorized and <br /> <br /> <br />directed to enter into a Continuing Disclosure Agreement for the benefit of the owners of the <br /> <br /> <br />Bonds to assist the underwriter(s) for the Bonds in complying with the provisions of Section <br /> <br /> <br />(b)( 5) of Securities and Exchange Commission Rule 15c2-12. <br /> <br />15. Further Actions. The City Representative and such other officers and agents of <br /> <br /> <br />the City as he or she may designate are hereby authorized and directed to take further action as <br /> <br /> <br />they deem necessary or appropriate regarding the issuance, credit enhancement and sale of the <br /> <br /> <br />Bonds, including, without limitation, the preparation, execution, and delivery of an escrow <br /> <br />agreement for the proceeds of the Bonds (and a verification report regarding the sufficiency of <br /> <br />any escrow fund established thereunder) and any agreement relative to the tax-exempt status of <br /> <br />the Bonds and the use of the proceeds thereof and other instruments, agreements, and documents <br /> <br />related to the issuance and sale of any series of the Bonds, the purchase of municipal bond <br /> <br />insurance or other credit enhancement for any series of the Bonds, if market or other conditions <br /> <br />-8- <br />
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