Laserfiche WebLink
best bid as is chosen by lot. <br />deposits. <br /> <br />Bids need not be accompanied by bid <br /> <br /> The Series 1991 Bonds will be delivered to DTC without <br />charge to the successful bidder. The successful bidder must be <br />prepared to make payment for the Bonds in Federal Reserve funds of <br />the United States of America. <br /> <br /> Before making tender of the Series 1991 Bonds through <br />DTC, the Issuer shall give written notice to the successful bidder, <br />no later than. the fifth business day before the proposed tender, of <br />the fact that the Series 1991 Bonds, transcript, no-litigation <br />certificate and approving opinion will be available for delivery, <br />and giving the date and hour for such delivery, provided, however, <br />that nothing herein contained shall prevent the making of a <br />mutually agreeable written or verbal arrangement for such delivery <br />at a place other than the place fixed for such delivery or at a <br />date and hour other than the date and hour fixed for such delivery° <br /> <br /> If such notice has not been given by the Issuer or waived <br />by the successful bidder and the Series 1991 Bonds, transcript, <br />no-litigation certificate and approving opinion are not available <br />for delivery to the successful bidder at such place of delivery on <br />or before 12:00 noon of the 30th calendar day after the day fixed <br />for the receipt of bids and the successful bidder shall not be in <br />default of any of its obligations, it shall have the right <br />thereafter, and so long as no such tender by the Issuer shall yet <br />have been made, to cancel the contra'ct of purchase. Any such right <br />shall be exercised by delivering written notice of such <br />cancellation to the undersigned or to the office of the undersigned <br />during business hours. Such bidder shall thereupon be entitled to <br />the return of the deposit, if any, which accompanied its bid and <br />such bid shall be returned to it immediately. <br /> <br /> The Issuer has prepared the Preliminary Official <br />Statement enclosed herewith, describing in greater detail the <br />Series 1991 Bonds, the security for and sources of payment of the <br />Series1991 Bonds, the Issuer and its financial condition. <br />Prospective bidders may obtain additional copies of the Preliminary <br />official statement from the office of the undersigned. <br /> <br /> The Issuer deems the Preliminary Official Statement to be <br />final as of its date within the meaning of paragraph (b) (1) of <br />Section 240.15c2-12 ("Rule 15c2-12") of the General Rules and <br />Regulations, Securities and Exchange Act of 1934. The Issuer will <br />furnish the successful bidder(a) within seven business days of <br />July 30, 1991 not more than 50 final Official Statements relating <br />to the Series 1991 Bonds, as may be requested by the successful <br />bidder, and the successful bidder may obtain at its expense such <br />additional final Official Statements so as to have in aggregate a <br />sufficient quantity of such final Official Statements to enable it <br /> <br />-6- <br /> <br /> <br />