Ord 1994-009 - Laserfiche WebLink

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~ hrV (a) The Certificates are hereby officially sold and awarded to \" h.-€.... t' ("' \ r\6 ç"'i \ / f'p f> .¿j' ~u....e..N",", ~\vJ"'--eI'J .lh:::.., at a price of par, plus accrued interest from the Original Issue Dite to tlÌe I Closing Date, plus a premium of $ 31.'2 (J. It is officially found, determined and declared that the bid of said Purchaser is the highest bid for the Certificates as the result of competitive bids. The Certificates shall initially be registered in the name of the Purchaser or its designee. (b) The form and substance of the Official Statement for the Certificates and any addenda, supplement or amendment thereto (the "Official Statement") presented to and considered, at this meeting, is hereby in all respects approved and adopted, and the Official Statement is hereby deemed final as of its date (except for the omission of pricing and related information) within the meaning and for the purposes of paragraph (b)(l) of Rule 15c2-12 under the Securities Exchange Act of 1934, as amended, by the City Council. The Mayor and City Secretary of the City are hereby authorized and directed to execute the same and deliver appropriate numbers of executed copies thereof to the Purchaser of the Certificates. The Official Statement as thus approved, executed and delivered, with such appropriate variations as shall be approved by the Mayor and the Purchaser of the Certificates, may be used by the Purchaser in the public offering and sale thereof. The use and distribution of the Official Statement in the public offering of the Certificates by the Purchaser is hereby ratified, approved and confirmed. The City Secretary is hereby authorized and directed to include and maintain a copy of the Official Statement and any addenda, supplement or amendment thereto thus approved among the permanent records of this meeting. The use and distribution of the Official Statement for the Certificates and the preliminary public offering of the Certificates by the Purchasers is hereby ratified, approved and confirmed. (c) All officers ofthe City are authorized to take such actions and to execute such documents, certificates and receipts as they may deem necessary and appropriate in order to tonsummate the delivery of the Certificates. (d) In the event municipal bond guaranty insurance is obtained for the Certificates pursuant to the terms of sale of the Certificates as set forth in the winning bid, all officers of the City are authorized to do any and all things to execute and deliver any and all documents, certificates or other instruments necessary or required for the issuance of a municipal bond insurance policy relating to the Certificates. To the extent permitted by applicable law, the City will comply with all notice and other applicable requirements of the insurer issuing the municipal bond insurance policy in connection with the issuance of the Certificates, as such requirements may be in the effect and transmitted to Bond Counsel with such insurer's commitment to issue such insurance. (e) The obligation of the Purchaser to accept delivery of the Certificates is subject to the Purchaser being furnished with the final, approving opinion of Hutchison Boyle Brooks & Fisher, A Professional Corporation, Bond Counsel for the City, which opinion shall be dated as of and delivered on the Closing Date. Section 7.02. Control and Deliverv of Certificates. (a) The Mayor of the City is hereby authorized to have control of the Initial Certificate and all necessary records and proceedings pertaining thereto pending investigation, examination and approval of the Attorney General of the State of Texas, registration by the Comptroller of Public Accounts of the State of Texas, and registration with, and initial exchange or transfer by, the Paying AgentlRegistrar. SANMAR\ CO94\DOCS\O RD NeB: 'Z7 . 31: 1>7: HBB P 19