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32-89 Hospital Improvement Revenue Bonds $36 mil
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32-89 Hospital Improvement Revenue Bonds $36 mil
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Last modified
5/14/2013 3:06:42 PM
Creation date
9/5/2003 12:16:23 PM
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Office Of Council
Document Type
Ordinances
Date
9/5/2003
Date Adopted
6/5/1989
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(viii) the Paying Agents for the Series One Bonds, if any, <br />other than the Trustee; <br /> <br /> (ix) the Original Purchaser of the Series O~e Bonds, <br />provided that the Person or Persons selected as the Original <br />Purchaser shall have received the prior approval of the Lessee; <br /> <br /> (x) any other matters not inconsistent with this First <br />Supplemental Bond Legislation as shall be deemed necessary or <br />appropriate by the officers executing and delivering such <br />Certificate of Award in order to carry out the intent of this First <br />Supplemental Bond Legislation. <br /> <br /> (j) Award~ Sale and Execution of the Series One Bonds. The <br />Series One Bonds are hereby awarded to the Original Purchaser designated <br />pursuant to Subsection (i) of this Section 5. The Executive and the <br />Fiscal Officer are, and each of them is, hereby authorized and directed, <br />either alone or in conjunction with each other, to incorporate into the <br />Purchase.Contract for the Series One Bonds the terms and provisions of <br />the Series One Bonds as determined and specified in the Certificate of <br />Award for the Series One Bonds. The Purchase Contract for the Series <br />One Bonds shall be substantially in the form now on file with the Clerk, <br />which is hereby approved, with such changes therein as are not inconsis- <br />tent with this First Supplemental Bond Legislation and not substantially <br />adverse to the Issuer as may be approved by the Executive or the Fiscal <br />Officer. The execution of the Purchase Contract for the Series One <br />Bonds by the Executive or the Fiscal Officer, shall conclusively <br />evidence the Issuer's approval of such Purchase Contract with any such <br />changes, and shall further conclusively evidence the Issuer's determina- <br />tion that no such change is substantially adverse to the Issuer. <br /> <br /> The Executive, the Fiscal Officer, and the Clerk are, and each <br />of them is, hereby authorized and directed, alone or in conjunction with <br />any of the others, to make the necessary arrangements on behalf of the <br />Issuer to establish the date, location, procedure, and conditions for <br />the delivery of the Series One Bonds to the Original Purchaser thereof <br />to the extent not provided for in the Purchase Contract. Said officers <br />are hereby further authorized and directed, alone or in conjunction with <br />each other, to take all steps necessary to effect due authentication, <br />delivery, and perfection of the security for the Series One Bonds under <br />the terms hereof, the Purchase Contract, and the First Supplemental <br />Indenture. It is hereby determined that the Purchase Price and the <br />Specified Interest Rates for the Series One Bonds, and the manner of <br />sale and the terms of the Series One Bonds as provided in this First <br />Supplemental Bond Legislation and the Purchase Contract for the Series <br />One Bonds, are and will be in the best interest of the Issuer and con- <br />sistent with all legal requirements and will carry out the public pur- <br />poses referred to in the preambles hereto. <br /> <br /> The distribution of the Preliminary Official Statement for the <br />Series One Bonds, substantially in the form now on file with the Clerk, <br />is hereby authorized and approved. The Official Statement for the <br />Series One Bonds, substantially in the form of the Preliminary Official <br /> <br />-21 - <br /> <br /> <br />
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