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Minutes 10/29/1985
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Minutes 10/29/1985
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City Council
City Council - Type
Adopted Minutes
City Council - Date
10/29/1985
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179 <br /> <br />October 29. 1985 <br /> <br /> 6. The Official Statement is hereby adopted, and the City Manager and the Assistant City <br />Manager for Administration and Finance, of the City are hereby authorized to execute for and or <br />behalf of the City, and cause to be delivered to the Purchaser and otherwise as they deem <br />necessary or desirable, copies of the Of£icial Statement. <br /> <br /> 7. The City Manager and Director of Finance of the City are hereby authorized to execute <br />for and on behalf of the City, and to deliver to the Purchaser, the certificate referred to in <br />the Official Statement under the caption "Approval and Certification of Official Statement". <br /> <br /> 8. The Director of Finance of the City is directed to deposit the good faith check accom- <br />panying the proposal of the Purchaser to purchase the Bonds and apply the proceeds of such <br />check in accordance with the terms of the Notice of Sale, and the City Manager of the City is <br />directed to return forthwith to the other bidders for the Bonds the good faith checks accom- <br />panying their proposals. <br /> <br /> 9. The City Attorney of the City is directed to file a copy of this resolution, certifiec <br />by the City Clerk of the City to be a true copy hereof, with the Clerk of the Circuit Court of <br />the City of Portsmouth, Virginia. <br /> <br /> 10. This resolution shall take effect from the date of its adoption." <br /> <br /> Ayes: Beamer, Corprew, Gray, Webb, Whitlow, Holley <br /> Nays: None <br /> <br />On motion meeting adjourned at 1: 1 p.m. <br />APPROVED - ~- <br /> <br /> <br />
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