36-07 Retire Outstanding Notes - Laserfiche WebLink

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(b) In the absence of the Director of Finance, this ConnciI authorizes and directs the Mayor to sign and deliver any ofthose documents and certificates This Council authorizes and directs the Director of Finance to sign and deliver, on behalf of the City, hi her capacity as fiscal officer of the City, any certificates in accordance with Section 5705.41, Revised Code, required for any of the agreements in connection with the Bonds. This Council authorizes and directs the Mayor, the Law Director, the Director of Finance, the Director of Public Works, the President of Council, the Council Cle~, and any other City officials: (1) sign end deliver any agreements, certificates, instruments, and other documents that the official considers necessary or appropriate in counection with the iasuance and sale of the Bonds, and tliat are not inconsistent with this ordinance; and (2) take such actions as are necessary or appropriate to consummate the transactions contemplated by this ordinance. Section 13. Certification to County Auditor. Tiffs Council directs the Director of Finance to forward a certified copy of this ordhmnce and a copy of the Certificate of Award to the County Auditor. Section 14. Definitions. Words end terms are used in this ordinance with the following meanings: "Annual Information" means the annual financial information and operating data of the type to be specified in the Continuing Disclosure Certificate in accordance with the SEC Rule. "Authorized Denominations" means the denomination of $5,000 or any integral multiple of $5,000. "Bond Proceedings" means, collectively, this ordinance, the Certificate of Award, the Coutimting Disclosure Certificate, the Registrar Agreement, and the other proceedings of the City, including the BonOs, that provide collectively for, among other things, the rights of Holders and beneficial owners of the Bonds. "Bonds" memks the Yafious Purpose General Obligation Bonds, Series 2007 authorized by this ordinance. "Capitalized Interest" means interest on the Bonds from their date to a date determined by the Director of Financa as provided in Section 2(e). "Certificate of Award" means the certificate authorized by Section 6 of this ordinance, setting fogth the terms and other provisions of the Bonds required or authorized by t/tis ordimmce~ '!Closing" means the date of delivery of and payment for the Bonds. "Code" means the Internal Revenue Code of 1986, as amended. References to the Code and sections of the' Code include applicable regulations (whether temporary or final) under the Code, and any amendments of, or sucoessor provisions to, those sections Or regulations "Continuing Disclosure Agreement" means the continuing disclosure agreement made by the City for the benefit of Holders and beneficial owners of the Bonds in accordance with the SEC Rule. It consists ofthe covenants in Section 7(b) of this ordinance and the Continuing Disclosure Certificate. "Continuing Disclosure Certificate" means the certificate authorized by Section 7(b). "Debt Charges" means all mn0unts due as principal, interest, and any premium on an issue of securities. 10