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52-08 Issuance & Sale of Notes for Buildings & Facilities $201,000
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52-08 Issuance & Sale of Notes for Buildings & Facilities $201,000
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Last modified
5/14/2013 3:15:57 PM
Creation date
5/15/2008 9:08:42 AM
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Office Of Council
Document Type
Ordinances
Date
5/15/2008
Date Adopted
4/7/2008
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<br />(a) This Council authorizes and directs the Director of Finance to sign and deliver, on <br />behalf of the City: <br /> <br />(1) The Certificate of Award, <br /> <br />(2) The Purchase Agreement. <br />(3) The Registrar Agreement. <br /> <br />(4) Any agreements or letters of representation in connection with a Book-Entry <br />System for the Notes. <br /> <br />(5) Applications for and agreements in connection with obtaining a policy of <br />municipal bond insurance for the Notes, <br /> <br />(6) Applications for and agreements in connection with obtaining one or more <br />ratings for the Notes, <br /> <br />In the absence of the Director of Finance, this Council authorizes and directs the <br />Mayor to sign and deliver any of those documents and certificates. <br /> <br />(b) This Council authorizes and directs the Director of Finance to sign and deliver, on <br />behalf of the City, in her capacity as fiscal officer of the City, any certificates in <br />accordance with Section 5705.41, Revised Code, required for any of the agreements <br />in connection with the Notes. In the absence of the Director of Finance, this Council <br />authorizes and directs any deputy Director of Finance to sign and deliver those <br />certificates. <br /> <br />(c) This Council authorizes and directs the Mayor, the Law Director, the Director of <br />Finance, the Director of Public Works, the President of Council, the Council Clerk, <br />and any other City officials: <br /> <br />(I) to sign and deliver any certificates, instruments, and other documents that the <br />official considers necessary or appropriate in connection with the issuance <br />and sale of the Notes, and that are not inconsistent with this ordinance; and <br /> <br />(2) to take such actions as are necessary or appropriate to consummate the <br />transactions contemplated by this ordinance, <br /> <br />Section 13. Certification to County Auditor. This Council directs the Director of <br />Finance or the Clerk of this Council to forward a certified copy of this ordinance and a copy of <br />the Certificate of A ward to the County Auditor. <br /> <br />Section 14. Definitions. Words and terms are used in this ordinance with the following <br />meanmgs: <br /> <br />8 <br />
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