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issue one or more series of Bonds in on aggregate principal amount not to exceed
<br />$9,000,000, in the form and upon the terms set forth in the Indenture, which terms arc
<br />for this purpose incorporated in this resolution (the “Final Resolution ”) and made a
<br />part hereof; provided, however, that the maturities of the Bonds, the interest rates
<br />thereon, the numbering, and the rights of optional redemption w ith respect thereto
<br />shall all be as set forth in the final form of Indenture to be approved, e,;ecuted and
<br />delivered by the officers of the City authorized to do so by the provisions of this Final
<br />Resolution, which approval shall be conclusively evidenced by such execution and
<br />delivery; and provided further that, in no event, shall such maturities exceed 35 years
<br />or such rates of interest produce an average net interest cost in excess of 7.50% per
<br />annum. The Underwrite.* has agreed pursuant to the provisions of the Bond Purchase
<br />Agraemcnt, and subject to the conditions therein set forth, to purchase the Bonds at
<br />the purchase price set forth in the Bond Purchase Agreement, and said purchase price
<br />is hereby accepted. The Mayor, the City Clerk, the Finance Director, the City
<br />Administrator and other ofiicers of the City arc authorized in their discretion, at such
<br />time, if any, as they may deem appropriate, to c.\ccute the Bonds as prescribed in the
<br />Indenture and to deliver them to the Trustee, together with a certified copy of this
<br />Final Resolution and the other documents required by Section 2.08 of the Indenture,
<br />for authentication, registration and delivery- to the Undenvriter.
<br />7. Fxccution and Delivery- of Bond Documents . The Mayor, the City
<br />Clerk, the Finance Director and the City Administrator (or in their absence, the deputy
<br />or acting Mayor or City Clerk) arc hereby authorized in their discretion at such time,
<br />if any, as they may deem appropriate, to execute and deliver the Bond Documents in
<br />the name and on behalf of the City.
<br />8. Official Statement . The City hereby consents to the completion of the
<br />OlTicial Statement and its circulation by the Underwriter in offering the Bonds for sale
<br />and the completion of a final form of the Official Statement to reflect the final terms
<br />of the Bonds and the foregoing described agreements; provided, how ever, that the
<br />City has not been requested to and has not participated in the preparation of the
<br />Onicial Statement or reviewed or verified the information in the Official Statement
<br />and takes no responsibility for and makes no representations or warranties as to, the
<br />accuracy, sufficiency or completeness of such information or the information to be
<br />included in the final form of the OlTicial Statement.
<br />9. Certificates, etc. The Mayor, the City Clerk, the Finance Director and
<br />the City Administrator (or in their absence the deputy or acting Mayor, City Clerk,
<br />Finance Director or City Administrator) are authorized in their discretion, at such
<br />time, if any, as they may deem appropriate, to prepare and furnish to bond counsel and
<br />the purchaser of the Bonds, when issued, certified copies of all proceedings and
<br />records of the City relating to the Bonds, and such other affidavits and certificates as
<br />may be required to show the facts appearing from the books and records in the
<br />officers’ custody and control or as othenvise known to them; and all such certified
<br />copies, certificates and affidavits, including any heretofore furnished, shall constitute
<br />i
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