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Minutes 04/14/1987
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Minutes 04/14/1987
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8/20/2001 4:14:24 PM
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City Council
City Council - Type
Adopted Minutes
City Council - Date
4/14/1987
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252 <br /> <br />Apri~ 14, 1987 <br /> <br />on the books of registry in the office of the Registrar with <br />full power of substitution in the premises. <br /> <br />D~ted: <br /> <br />NOTE: <br /> <br />Registered Holder <br /> <br />The signature to this assignment mush <br />correspcnd with the name as written on the <br />face of the within Bond in every particular, <br />without alteration, enlargement or any change <br />whatsoever. <br /> <br />Signature Guaranteed: <br /> <br />NOTE: <br /> <br />Signauure(s) must be guaranteed by a member <br />firm of The New York Stock Exchange, Inc. or <br />a commercial bank or trust cempany. <br /> <br /> 8. The City Manage~ and the Assistant City <br />Manager for Administration and Finance are hereby authorized <br />and directed to execute and deliver to the Underwriters an <br />Official Statement of the City relating to the Bonds, dated <br />the date of the sale thereof, tn substantially the form of <br />the Preliminary Official Statements relating to the Bondsz <br />presented to the meeting of the Council at which this <br />resolution is being adopted (the "Official Statement"), <br />after the Official Star,menu has been completed by the <br />insertion of the maturities~ interest rates and other <br />details of the Bonds and by making such other insertions. <br />changes or corrections as the Ciuy Manager and the Assistant <br />City Manager for Administration ~nd Finance, based on the <br />advice of the City's financial advisors and legal counsel <br />(including Bond Counsel), deem necessary or appropriate; and <br />the Counci~ hereby authorizes the Official Statement and the <br />information contained therein uo be used by the Underwriters <br />in connection with the sale of the Bonds. <br /> <br /> 9. (a) The form of the Escrow Deposit Ag meement~ <br />dated as of May 1, 1987 (the "Escrow Deposit Agreement"], by <br />and between the City and the Escrow Agent uo be hereinafter <br />designated by the Council (the "Escrow Agent"), presented to <br />and filed with the minutes of the meeting of the Council at <br />which this resolution is being adopted~ and the ten r~s, <br />conditions and provisions thereof, are hereby approved, <br />ratified and confirmed by the Council, and the City Manager <br />is hereby auuhorized and directed uo execute and deliver to <br />the Escrow Agenu the Escrow Deposit Agreement in substan- <br />tially such form. togeuher with such changes as shall be <br />approved by the City Manager upon the advice of ccunsel <br />(including Bond Counsel), such approval to bs conclusively <br />evidenced by his execution thereof. <br /> <br /> <br />
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