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21-09 Anticipation Notes $4,321,000 capital improvements
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21-09 Anticipation Notes $4,321,000 capital improvements
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Last modified
5/14/2013 3:17:17 PM
Creation date
2/20/2009 5:21:26 AM
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Office Of Council
Document Type
Ordinances
Date Adopted
2/17/2009
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(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: <br />(1) Any certificates required under Section 5705.41, Revised Code, for any of <br />the agreements in connection with the Notes. <br />(2) The statements of indebtedness provided for in Section 133.33(B), Revised <br />Code. <br />In the absence of the Director of Finance, this Council authorizes and directs any <br />deputy Director of Finance to sign and deliver any of those documents and <br />cerkificates. <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 />(1) to sign and deliver any certificates, instrurnents, and other documents that the <br />official considers necessary or appropriate in connection with the issuance <br />and sale of the Notes, and that aze not inconsistent with this ordinance; and <br />(2) to take such actions as are necessary or appropriate to consummate the <br />transactions contemplated by this ordinance. <br />Section 14. Certification to County Auditor. This Council directs the Director of <br />Finance or the Clerk of this Council to forwazd a certified copy of this ordinance and a copy of <br />the Certificate of Award to the County Auditor. <br />Section 15. Definitions. Words and terms are used in this ordinance with the following <br />meanings: <br />"Annual Information" means the annual financial information and operating data of the <br />type to be specified in the Continuing Disclosure Certificate in accordance with the SEC Rule. <br />"Authorized Denominations" means the denomination of $1,000 or any integral multiple <br />of $1,000. <br />"Bonds" means the bonds anticipated by the Notes. <br />"Book-Entry Form" or "Book-Entry System" means a form or system under which <br />(a) the ownership of book-entry interests in Notes and the Debt Service on the Notes may be <br />transferred only through a book entry, and (b) physical note certificates in fully registered form <br />aze issued by the City only to a Depository or its nominee as registered owner, with the Notes <br />deposited,and retained iir the custody of the Depository or its agent. <br />"Certificate of Award" means the certificate authorized by Section 7 of this ordinance, <br />setting forth the terms and other provisions of the Notes required or authorized by this ordinance. <br />12 <br />
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