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? • , me'"* ,? <br />' - 7 - <br />require that those charges, if any, be paid before the procedure is begun for <br />the exchange or transfer. All Bonds issued and authenticated upon any <br />exchange or transfer shall be valid obligations of the City, evidencing the <br />same debt, and entitled to the same security and benefit under this ordinance, <br />as the Bonds surrendered upon that exchange or transfer. <br />Section 7. The Bonds are sold at private sale to National City Bank, <br />Cleveland, Ohio (the Original Purchaser) at not less than 97% of par plus any <br />accrued interest from the date of the Bonds to the date of delivery to the <br />Original Purchaser, and shall be awarded by the Director of Finance with the <br />final purchase price and interest rate or rates as set forth in the Certifi- <br />cate of Award, in accordance with law and the provisions of this ordinance and <br />the Bond Purchase Agreement between the City and the Original Purchaser (the <br />Bond Purchase Agreement). The Director of Finance shall cause the Bonds to be <br />prepared and signed and delivered, together with a true transcript of proceed- <br />ings with reference to the issuance of the Bonds, to the Original Purchaser <br />upon payment of the purchase price. The Mayor, the Director of Finance, the <br />Clerk of Council and other City officials, as appropriate, are each authorized <br />and directed to sign any transcript certificates, financial statements and <br />other documents and instruments and to take such actions as are necessary or <br />appropriate to consummate the transactions contemplated by this Ordinance. <br />The Mayor and the Director of Finance shall sign and deliver, in the <br />name of and on behalf of the City, the Bond Purchase Agreement in substan- <br />tially the form as is now on file with the Clerk of Council. The Bond <br />Purchase Agreement is approved, together with any changes or amendments that <br />are not inconsistent with this ordinance or the Certificate of Award and not <br />substantially adverse to the City and that are approved by the Mayor and the <br />Director of Finance on behalf of the City, all of which shall be conclusively <br />evidenced by the signing of the Bond Purchase Agreement or amendments to the <br />Bond Purchase Agreement. <br />If in the judgment of the Mayor and the Director of Finance a dis- <br />closure document in the form of an official statement, including an annual <br />information statement, is appropriate relating to the original issuance of the <br />Bonds, either or both of those officers, on behalf of the City and in their <br />official capacities, are authorized to (i) prepare or cause to be prepared, <br />and make or authorize modifications, completions or changes of or supplements <br />to, such an official statement and annual information statement, (ii) deter- <br />mine, and certify or otherwise represent, when the official statement and <br />annual information statement is to be "deemed final" (except for permitted <br />omissions) by the City as of its date or is a final official statement for <br />purposes of SEC Rule 15c2-12(b)(1), (3) and (4), (iii) use and distribute, or <br />authorize the use and distribution of those official statements and annual <br />information statement and any supplements thereto in connection with the <br />original issuance of the Bonds, and (iv) complete and sign those official <br />statements and annual information statement as so approved together with such <br />cert.ificates, statements or other documents in connection with the finality, <br />accuracy and compieteness of those official statements and annual information <br />statement.