No. 2955 a supplemental bond resolution supplementing/amending Resolution No. 2012, adopted on October 17, 2003

Home Browse Search

D agreement in a form sufficient to allow the underwriters of the Refunding Bond Bank Bonds to comply with the SEC Rule upon being notified by the Bond Bank that the District or the City is an "obligated person" (as defined in the SEC Rule) with respect to the Refunding Bond Bank Bonds. Section 7. Further Actions. The President of the Commission, the Secretary of the Commission, any other officer of the Commission, together with the Mayor, the Controller or the Clerk of the City, are each hereby authorized and directed, for and on behalf of the District, to execute, attest and seal all such documents, instruments, certificates, closing papers and other papers and do all such acts and things as may be necessary, desirable or appropriate to effect the 2011 Transaction and to carry out the purposes of this Supplemental Resolution and the execution and delivery of the Amended 2003 SBCDA Bonds in accordance with the Resolution, including, but not limited to, the execution of any certificates, purchase agreements or other documents necessary to effect the 2011 Transaction, and any and all actions, documents, agreements and certificates heretofore taken or executed in connection with the 2011 Transaction or this Supplemental Resolution, be, and hereby are, ratified and approved. Section 8. Construction with Other Resolutions. This Supplemental Resolution is hereby intended to amend and supplement the Original Resolution, and to the extent of any inconsistencies or conflicts, if any, between any provision or provisions of this Supplemental Resolution and the Original Resolution, the provisions of this Supplemental Resolution shall be controlling and binding. All resolutions or parts of resolutions, except the Original Resolution as supplemented and amended by this Supplemental Resolution, in conflict with the Resolution are hereby repealed. Unless the context otherwise requires and except as supplemented herein, any references in the Original Resolution to the Original 2003 SBCDA Bonds shall mean the Amended 2003 SBCDA Bonds and any accounts created and maintained by the Commission or the City for the benefit of holders of the Original 2003 SBCDA Bonds shall now be maintained, and the funds therein shall now be held, for the benefit of the holders of the Amended 2003 SBCDA Bonds. Section 9. Effective Date. This Supplemental Resolution shall be in full force and effect from and after its having been passed by the Commission and signed by the presiding officer. INDS01 BJB 13019620 5