2023-051 Ordinance - Laserfiche WebLink

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"Certificate of Award" means the Certificate of Award authorized by the Note Ordinance in the form attached as Exhibit A, in which the Fiscal Officer has specified and determined certain terms of the Notes and of their sale. "Clerk" means the Clerk of Council of the City. "Closing" means delivery of the Notes to and payment for the Notes by the Underwriter. "Closing Date" means Lam, 2023. "Council" means the City Council of the City. "DTC" means The Depository Trust Company. "Executive" means the Mayor of the City. "Fiscal Officer" means the Director of Finance of the City. "Municipal Advisor" means MAS Financial Advisory Services, LLC. "Note Legislation" means, together, the Note Ordinance and the Certificate of Award. "Note Ordinance" means Ordinance No. [ , passed by the Council on 2023, authorizing the issuance and sale of the Notes. "Paying Agent" means [The Huntington National Bank]. "State" means State of Ohio. "Tax Exemption" means the exclusion from gross income of interest on the Notes for federal income tax purposes and the exemption of interest on the Notes from all Ohio state and local taxation, except the estate tax, the domestic insurance company tax, the dealers in intangibles tax, the tax levied on the basis of the total equity capital of financial institutions, and the net worth base of the corporate franchise tax. Unless otherwise indicated, reference to a "Section" is to a section of this Agreement. Section 4. Representations. Warranties and Covenants of the City. The City represents and warrants as of the date of this Agreement and as of the Closing Date, or covenants, as follows: (a) The City is a political subdivision duly organized and existing under and by virtue of its Charter and the Constitution and laws of the State of Ohio, and has full power and authority thereunder and under the Note Legislation to (i) enter into this Agreement; (ii) issue, sell and deliver the Notes as provided in this Agreement; and (iii) perform its obligations under and as contemplated in the Note Legislation, this Agreement and the Notes.