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<br />City, all of which shall be conclusively evidenced by the signing of the Bond <br />Purchase Agreement or amendments to the Bond -Purchase Agreement. The Mayor and <br />the Fiscal Officer, as appropriate, are each authorized and directed to sign any <br />transcript certificates,financial statements and other documents, agreements, <br />representations and instruments and to take such actions as are necessary or <br />appropriate to consummate the transactions contemplated by this ordinance, The <br />Director of Law shall obtain the services of qualified Bond Counsel, and his <br />selection of Calfee, Halter & Griswold, Bond Attorneys, Cleveland, Ohio, as Bond <br />Counsel for the Bonds is her-ebyconfirmed, approved and ratified. The Fiscal <br />Officer shall cause the Bonds to be prepared, and have the Bonds signed and <br />delivered, together with a true transcript of proceedings with reference to the <br />issuance of the Bonds, to the Original Purchaser upon payment of the purchase <br />price. The proceeds from the sale of said Bonds, except the accrued interest <br />thereon, shall be paid into the proper fund and used for the purpose for which <br />the Bonds are being issued under the provisions of this ordinance and may be used <br />to pay those certain costs of issuance set forth in Section 133; l5(B), Ohio <br />Revised Code; any such costs also may be paid out of any other lawfully available <br />moneys of the City and any such costs which are future financing costs may be <br />paid from the same sources from which the principal of and interest on the Bonds <br />are paid. The accrued interest shall be paid into -the Bond Retirement fund to <br />be applied to the payment of the principal and interest of the Bonds in the <br />manner provided by law <br /> <br />The preliminary official statement of the City .relating to the <br />original issuanc€of the Bonds, substantially in the form now on file with the <br />Fiscal Officer, is approved and its distribution is authorized The Mayor and <br />Fiscal Officer, and anÿ one of them, are authorized and directed to complete and <br />sign, on behalf of the City and in the'ir official capacities, an official <br />statement, with such modifications, changes and supplements from the preliminary <br />official statement as thöse officers or anyone of them shall appr()Ve or <br />authorize. Those officers are authorized, on behalf of the City and in their <br />official capacities, to (i) determine, and to certify or otherwise represent, <br />when the official statement is "deemed final" (except for permitted omissions) <br />by the City as of its date or is a final official statement for purposes of SEC <br />Rule 15c2-l2(b)(l), (3) and (4), (ii) use and distribute, or authorize the use <br />and distribution of, those official statements and any supplements thereto ih <br />connection with the original issuance of the Bonds, and (iii) conipleteand sign <br />those official statements as so approved together with such certificates, <br />státements or other documents in connection with the finality, accuracy and <br />completeness of those official statements, <br /> <br />SECTTON6 The Fiscal Officer shall appoint a bank or trust company <br />to act as the authenticáting agent, bond registrar, transfer agent and paying <br />agent for the Bonds (the "Registrar"). The Fiscal Officer shall sign and <br />deliver, in the name and on behalf of the City, the Bond Registrar Agreement <br />between the "Cityand the Registrar (the "Agreement") in substantially the form <br />now on file~ith the Fiscal Officer. That Agreement is approved, together with <br />any changes or amendments that are not inconsistent with this ordinance and not <br />substantially adverse to the City and that are approved by the Fiscal Officer on <br />behalf of the City, all of which shall be conclusively evidenced by the signing <br />of the Agreement or amendments to the Agreement. The Fiscal Officer shall <br />provide for the payment of the services rendered and for reimbursement of <br />expenses incurred pursuant to the Agreement from the proceeds of the Bonds to the <br />extent available and then from other moneys lawfully available and appropriated <br />or to be appropriated for that purpose <br /> <br />SECTION 7. For the purpose of providing the necessary funds to pay <br />the interest on the foregoing issue of Bonds promptly when an~ as the same falls <br />due, and also to provide a fund sufficient to pay the principal of the Bonds when <br />due, there shall be and is hereby levied on all taxable property in the City, in <br />addition to all other taxeS,a direct tax annually during the period said Bonds <br />are to run in an amount sufficient to provide funds to pay the interest upon said <br />Bonds as and when the same fall due, and also to provide a fund for the payment <br />of the principal of the Bonds when due, which tax shall not be less than the <br /> <br />-6- <br />