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ORDINANCE N0.2013-12 PAGE 4 system for the Notes, after determining that the signing thereof will not endanger the funds or securities of the Village. Section 6. The Notes shall be sold at not less than par at private sale by the Director of Finance in accordance with law and the provisions of this ordinance. The Director of Finance shall, in accordance with that officer's determination of the best interests of and financial advantages to the Village and its taxpayers and based on conditions then existing in the financial markets, consistently with the provisions of Section 3, establish the interest rate or rates to be borne by the Notes and make such. other determinations with respect thereto as provided herein, sign the Certificate of Award referred to in Section 3 evidencing that sale, cause the Notes to be prepared, and have the Notes signed and delivered, together with a true transcript of proceedings with reference to the issuance of the Notes if requested by the original purchaser, to the,original purchaser upon payment of the purchase price. The Director of Finance is also authorized, if requested by the original purchaser as a condition of such sale, to execute, on behalf of the Village, a Note Purchase Agreement between the Village and such original purchaser relating to the sale of such Notes, or the sale of any consolidated issue of which the Notes are a part, substantially in the form now on file with the Clerk of Council, which Note Purchase Agreement is hereby approved, together with any changes or amendments not inconsistent with this ordinance and not substantially adverse to the Village and that are approved by the Director of Finance on behalf of the Village, all of which shall be conclusively evidenced by the signing of the Note Purchase Agreement or any amendments thereto by the Director of Finance. The Mayor, the Director of Finance, the Clerk of Council, the President of Council, the Law Director and other Village officials, as appropriate, are each authorized and directed to sign any transcript certificates, financial statements and other documents and instruments and to take such actions as are necessary or appropriate to consummate the transactions contemplated by this ordinance. The Director of Finance is authorized, if it is determined to be in the best interest of the Village, to combine the issue of Notes with one or more other note issues of the Village into a consolidated note issue pursuant to Section 133.30(B) of the Revised Code. If in the judgment of the Mayor or the Director of Finance a disclosure document in the form of an official statement is appropriate or necessary relating to the original issuance of the Notes, either or both of those officers, on behalf of the Village and in their official capacities, are authorized to (i) prepare or cause to be prepared, and make or authorize modifications, completions or changes of or supplements to, such an official statement, (ii) determine, and to certify or otherwise represent, when the official statement is to be "deemed fmal" (except for permitted omissions) by the Village as of its date or is a fmal official statement for purposes of SEC Rule 15c2-12(b)(1), (3) and (4), (iii) use and distribute, or authorize the use and distribution of those official statements and any supplements thereto in connection with the original issuance of the Notes, and (iv) complete and sign those official statements as so approved together with such certificates, statements or other documents in connection with the finality, accuracy and completeness of those official statements. Section 7. The proceeds from the sale of the Notes, except any premium and accrued interest, shall be paid. into the proper fund or funds and those proceeds are appropriated and shall be used for the purpose for which the Notes are being issued. Any portion of those proceeds representing premium and accrued interest shall be paid into the Bond Retirement Fund.