08-83 Hospital Improvement revenue bonds

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The Executive and the Fiscal Officer, or either of them, shall execute the Certificate of Award, which may contain, in addition to the items enumerated in (i) through (xi) above, such other data or provisions con- sistent with this Bond Legislation and the Indenture as the officer or officers executing the same on behalf of the Issuer deems necessary or appropriate. (j) Award~ Sale and Execution of the Series 1983-A Bonds. The Series 1983-A Bonds are hereby awarded to E.F. Hutton & Company Inc. and McDonald & Company (herein, with respect to the Series 1983-A Bonds, referred to collectively as the "Original Purchaser"). The Executive and the Fiscal Officer are, and each of them is, hereby authorized and directed to incorporate into the Purchase Contract the terms and pro- visions of the Series 1983-A Bonds as determined and specified in the Certificate of Award. The Purchase Contract shall be substantially in the form now on file with the Clerk, which is hereby approved, with such changes therein as are not inconsistent with this Bond Legislation and not substantially adverse to the Issuer as may be approved by the Execu- tive or the Fiscal Officer. The execution of the Purchase Contract by the Executive or the Fiscal Officer, after approval as to the form and correctness thereof by the Legal Officer, shall conclusively evidence the Issuer's approval of the Purchase Contract with any such changes and shall further conclusively evidence the Issuer's determination that no such change is substantially adverse to the Issuer. The Executive, the Fiscal Officer, the Legal Officer, and the Clerk are, and each of them is, hereby authorized and directed to make the necessary arrangements on behalf of the Issuer to establish the date, location, procedure, and conditions for the delivery of the Series 1983-A Bonds to the Original Purchaser to the extent not provided for in the Purchase Contract. Said officers are hereby further authorized and directed to take all steps necessary to effect due authentication, delivery, and perfection of the security of the Series 1983-A Bonds under the terms hereof, the Purchase Contract, and the Indenture. It is hereby determined that the Purchase Price and the Specified Interest Rates for the Series 1983-A Bonds, and the manner of sale and the terms of the Series i983-A Bonds as provided in this Bond Legislation and the Purchase Contract, are and will be in the best interest of the Issuer and consistent with all legal requirements and will carry out the public purposes referred to in the preambles hereto. The distribution of the Preliminary Official Statement, sub- stantially in the form now on file with the Clerk, is hereby authorized and approved. The Official Statement, substantially in the form of the form Preliminary Official Statement now on file with the Clerk, may be exequted by the Executive and the Hospital Administrator, or either of them, on behalf of the Issuer and in their respective capacities with such modifications, changes and supplements necessary or desirable for the purposes thereof as the officer or officers executing the same on behalf of the Issuer shall approve. The Original Purchaser's use and distribution of such Official Statement and any supplements thereto as so executed in accordance with the terms of the Purchase Contract is hereby authorized and approved. -21-