2000-10-02 Resolution 142 - Laserfiche WebLink

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. maybe approved by the President or Vice-President and Secretary-Treasurer with such approval to be conclusively evidenced by such authorized execution and attestation of the Continuing Disclosure Undertaking Agreement. Section 8. The Bonds shall be sold by private negotiated sale, as provided by Indiana Code 36-7-14.5-19, to the Underwriter selected by the Authority at a price not less than ninety-nine and one-half percent (99.5%) of par in accordance with a Purchase Contract to be entered into with respect hereto. Each of the President, Vice-President or Secretary-Treasurer is hereby authorized to negotiate, execute and deliver the Purchase Contract. Each of such officers is further authorized to carry out, on behalf of the Authority, the terms and conditions set forth therein, consistent with the provisions of this Resolution. Section 9. The Secretary-Treasurer is authorized and directed to place a copy of the • Trust Agreement, the Escrow Agreement, the Continuing Disclosure Undertaking Agreement and the Purchase Contract in the minute book immediately following the minutes of this meeting and said Trust Agreement, Escrow Agreement, Continuing Disclosure Undertaking Agreement and Purchase Contract are made a part of this Resolution as if the same were fully set forth herein. Section 10. Prior to the delivery of the Bonds the Secretary-Treasurer shall be authorized to obtain a legal opinion as to the validity of the Bonds from bond counsel for the Authority, and to furnish such opinion to the Underwriter of the Bonds. The cost of such opinion shall be considered as part of the costs incidental to the issuance of the Bonds and shall be paid out of proceeds of said Bonds. Section 11. The Preliminary Official Statement is hereby approved in the form presented to the Authority at this meeting, and the Preliminary Official Statement in the form • -6- :ODMA\PCDOCS\SBDOCS 1\7263213