2001-04-16 Resolution 145 - Laserfiche WebLink

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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 presented at this meeting is hereby deemed final for purposes of the provisions of the Rule, subject to completion as permitted by the Rule. Each of the President, Vice-President orSecretary-Treasurer is individually authorized to deem the Preliminary Official Statement final for purposes of the provisions of the Rule. The Underwriter is hereby authorized and directed to cause to be distributed • such Preliminary Official Statement substantially in the form deemed final, with such changes as may be required and which are approved by the Authority's legal counsel to describe adequately the Bonds and information related thereto, to all parties who in its j udgment may be interested in bidding on such Bonds. Section 12. After the sale of the Bonds, the President and the Secretary-Treasurer are authorized to complete, and place or cause to be placed into final form, the Trust Agreement, the Escrow Agreement and the Continuing Disclosure Undertaking Agreement and then to execute the same on behalf of the Authority. Section 13. Each of the President, Vice-President or Secretary-Treasurer of this Authority is hereby authorized to execute a notice of redemption letter to be delivered to the Trustee • -6- ::ODMA~MI-IODMAISBIMAN l ; 91771;1