2001-04-16 Resolution 145 - Laserfiche WebLink

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r Agreement provides for, among other things, the issuance of the Bonds for the purpose of refunding the Refunded Bonds and to pay the costs of issuance of the Bonds; and WHEREAS, a form of the Preliminary Official Statement of the Authority (the "Preliminary Official Statement") relating to the issuance of the Bonds has been prepared by Crowe, Chizek and Company LLP, as financial advisor to the Authority (the "Financial Advisor°'), and presented to the Authority; and WHEREAS, there has been prepared and submitted to the Authority a form of Irrevocable Escrow Deposit Agreement to be dated as of the first day of the month in which the Bonds are issued (the "Escrow Agreement"),between the Authority and Wells Fargo Bank Indiana, N.A., as Escrow Trustee (the "Escrow Trustee"), which Escrow Agreement provides for, among other things, the deposit of a portion of the proceeds of the Bonds with the Escrow Trustee in an amount, plus investment earnings thereon, that will be sufficient to pay all principal of and interest on the Refunded Bonds; and WHEREAS, there has been prepared and submitted to the Authority a form of Continuing Disclosure Undertaking Agreement to be dated as of the first day of the month in which the Bonds are issued (the "Continuing Disclosure Undertaking Agreement"),between the Authority and Wells Fargo Bank Indiana, N.A., as counterparty (the "Counterparty"), which Continuing Disclosure Undertaking Agreement evidences the Authority's continuing disclosure obligations under Rule 15c2-12 promulgated by the Securities and Exchange Commission (the "Rule"); and WHEREAS, there has been prepared and submitted to the Authority a form of Bond Purchase Agreement (the "Bond Purchase Agreement"), between the Authority and City Securities Corporation, as underwriter on behalf of itself and one other underwriter (the "Underwriter"), which • -2- ::ODMA\MI-IODMA\SBIMAN1;91771;1