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Ordinances 2015
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Ordinances 2015
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12/18/2015 1:32:38 PM
Creation date
1/21/2015 10:47:48 AM
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Ord/Resolutions
Year
2015
Ord/Resolutions - Type
Ordinances
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be published in such publications and distributed in such manner, including electronically, and at <br />such times as the City Representative shall determine. <br />14. Continuing Disclosure. The City Representative is hereby authorized and <br />directed to enter into a Continuing Disclosure Agreement for the benefit of the owners of the <br />Bonds to assist the underwriter(s) for the Bonds in complying with the provisions of Section <br />(b)(5) of Securities and Exchange Commission Rule 15c2-12. <br />15. Further Actions. The City Representative and such other officers and agents of <br />the City as he or she may designate are hereby authorized and directed to take further action as <br />they deem necessary or appropriate regarding the issuance, credit enhancement and sale of the <br />Bonds, including, without limitation, the preparation, execution, and delivery of an escrow <br />agreement for the proceeds of the Bonds (and a verification report regarding the sufficiency of <br />any escrow fund established thereunder) and any agreement relative to the tax status of any <br />series of Bonds and the use of the proceeds thereof and other instruments, agreements, and <br />documents related to the issuance and sale of any series of the. Bonds, the purchase of municipal <br />bond insurance or other credit enhancement for any series of the Bonds, if market or other <br />conditions so warrant, forward purchase or supply arrangements relating to the investment of the <br />proceeds of any series of the Bonds, and the. application for CUSIP identification numbers. All <br />actions taken by officers and agents of the City in connection with the issuance and sale of the <br />Bonds are hereby ratified and confirmed. The City Representative and such officers and agents <br />of the City as he or she may designate are hereby authorized and directed to take such further <br />action and to execute and deliver such additional agreements, documents, and certificates as they <br />deem necessary regarding the Bonds, and all actions taken by such officers and agents in <br />connection with the Bonds are ratified and confirmed. The authorizations granted in this <br />
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