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Ord 1992-086
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Ord 1992-086
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Last modified
7/12/2007 2:37:20 PM
Creation date
7/12/2007 2:37:19 PM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1992-86
Date
11/23/1992
Volume Book
108
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<br /> 1'1:;' è <br /> Section 6.03. CUSIP Reqistration. <br /> <br /> The City may secure identification numbers through the CUSIP <br /> Service Bureau Division of Standard & Poor's Corporation, New York, <br /> New York, and may authorize the printing of such numbers on the face <br /> of the Bonds. It is expressly provided, however, that the presence <br /> or absence of CUSIP numbers on the Bonds shall be of no significance <br /> or effect as regards the legality thereof and neither the City nor <br /> the attorneys approving said Bonds as to legality are to be held <br /> responsible for CUSIP numbers incorrectly printed on the Bonds. <br /> Section 6.04. Leaal Opinion. <br /> <br /> The approving legal opinion of Hutchison Boyle Brooks & <br /> Fisher, A Professional Corporation, Bond Counsel, may be printed on <br /> the back of each Bond over the certification of the City Secretary <br /> of the City, which may be executed in facsimile. <br /> Section 6.05. Municipal Bond Insurance. <br /> <br /> If municipal bond guaranty insurance is obtained wi th respect <br /> to the Bonds, the Bonds, including the Initial Bond, may bear an <br /> appropriate legend, as provided by the insurer. <br /> ~ <br /> ARTICLE VII <br /> SALE OF THE BONDS; <br /> CONTROL AND DELIVERY OF THE BONDS <br /> Section 7.01. Sale of Bonds: Official Statement. <br /> <br /> (a¿1 ri The BO<?dS are helby <:.ffi9ia ly sold and awarded <br /> to \u er.-1-ic..\ - ~P('Lt..r.-\-7p"\. --f\ u '("~ , <br /> at a price of par, plus accrued int€Irest from the Original Issue <br /> Date to the Closing Date, and a premium of $ -0- . It is <br /> officially found, determined and declared that the bid of said <br /> Purchaser is the highest bid for the Bonds as the result of <br /> competitive bids. The Bonds shall initially be registered in the <br /> name of the Purchaser or its designee. <br /> (b) The form and substance of the Official Statement for <br /> the Bonds and any addenda, supplement or amendment thereto (the <br /> "Official Statement") presented to and considered at this meeting, <br /> is hereby in all respects approved and adopted, and the Official <br /> Statement is hereby deemed final as of its date (except for the <br /> omission of pricing and related information) within the meaning and <br /> for the purposes of paragraph (b)(l) of Rule 15c2-12 under the <br /> Securities Exchange Act of 1934, as amended, by the City Council. <br /> The Mayor and City Secretary are hereby authorized and directed to <br /> execute the same and deliver appropriate numbers of executed copies <br /> thereof to the Purchaser of the Bonds. The Official Statement as <br /> 4417f <br /> -22- <br />
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