Ord 1993-037 - Laserfiche WebLink

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lJ-q/tC- and the Director of Finance of the City is authorized to execute the commitment provided by the insurer with respect to such policy. ARTICLE VII SALE OF THE BONDS; CONTROL AND DELIVERY OF THE ~ONDS Section 7.01. Sale of Bonds; Official Statement. (a) The Bonds are hereby officially sold and awarded to The Principal/Eppler, Guerin & Turner, Inc., Masterson Moreland Sauer Whisman, Inc., and Prudential Securities Incorporated, in accordance with the terms and provisions of that certain Bond Purchase Contract relating to the Bonds between the City and the Purchaser and dated the date of the passage of this Ordinance. The form and content of such Bond Purchase Contract are hereby approved, and the Mayor is hereby authorized and directed to execute and deliver, and the City Secretary is hereby authorized and directed to attest, such Bond Purchase Contract. It is hereby officially found, determined and declared that the terms of this sale are the most advantageous reasonably obtainable. The Bonds shal1 initially be registered in the name of The Principal/Eppler, Guerin & Turner, Inc., or its designee. .. (b) The form and substance of the Official Statement for the Bonds and any addenda, supplement or amendment thereto (the "Official Statement H) presented to and considered at this meeting, is hereby in all respects approved and adopted, and the Preliminary 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)(I) of Rule 15c2-12 under the Securities Exchange Act of 1934, as amended, by the City Council. The Mayor and City Secretary are hereby authorized and directed to execute the same and deliver appropriate numbers of executed copies thereof to the Purchaser of the Bdnds. 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 Bonds, 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 Bonds by thè 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 Preliminary Official Statement for the Bonds and the preliminary public offering of the Bonds by the Purchasers is hereby ratified, approved and confirmed. (c) All officers of the City are authorized to execute such documents, certificates and receipts and take such actions as they 4579f -25-