2008-01-16 Resolution 162 - Laserfiche WebLink

Home Browse Search

Section 5. Said Bonds shall be issued in accordance with and shall be secured by a trust agreement substantially in the form of the Trust Agreement as submitted to this meeting, with such changes as the President and the Secretary-Treasurer of the Authority deem necessary or appropriate to effectuate these resolutions and to consummate the sale of the Bonds, said officers' execution and attestation thereof to be conclusive evidence of their approval of such changes. Section 6. The Authority shall enter into the Escrow Agreement substantially in the form of the Escrow Agreement submitted to this meeting, in order to effect the current refunding of the Refunded Bonds in accordance with their terms. The Authority hereby authorizes the President and Secretary-Treasurer to execute and attest, respectively, the Escrow Agreement substantially in the form of the Escrow Agreement as submitted to this meeting, with such changes as may be approved by the President and Secretary with such approval to be conclusively evidenced by such authorized execution and attestation of the Escrow Agreement. Section 7. The Authority shall enter into the Continuing Disclosure Undertaking Agreement substantially in the form of the Continuing Disclosure Undertaking Agreement submitted to this meeting, in order to evidence the Authority's obligation under the Rule. The Authority hereby authorizes the President and Secretary-Treasurer to execute and attest, respectively, the Continuing Disclosure Undertaking Agreement substantially in the form of the Continuing Disclosure Undertaking Agreement as submitted to this meeting, with such changes as may be approved by the 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 pursuant to the provisions of I.C. 36-7-14.5- 19 and I.C. 5-1-5. The Authority hereby determines to sell the Bonds pursuant to a negotiated sale to J.P. Morgan Securities Inc. (the "Underwriter"). The Authority shall enter into a bond purchase agreement (the "Bond Purchase Agreement") with the Underwriter, for the sale and purchase of the Bonds. The Authority hereby authorizes the President and the Secretary- Treasurer, or any other officer of the Authority, to execute and attest, respectively, the Bond Purchase Agreement, in such form as approved by the President and Secretary-Treasurer, or any other officer of the Authority, such approval to be conclusively evidenced by such authorized execution and attestation of the Bond Purchase Agreement. Section 9. The Bonds shall be offered and sold pursuant to an official statement (the "Official Statement"), to be made available and distributed in such manner, at such times, for such periods and in such number of copies as may be required pursuant to the Rule. The President and/or the Secretary-Treasurer, or any other officer of the Authority, are authorized to approve and deem a form of the preliminary Official Statement final for purposes of the provisions of the Rule, with such changes as are deemed necessary and appropriate with such approval to be conclusively evidenced by signature of the President and/or the Secretary- Treasurer, or any other officer of the Authority, thereon. The Authority hereby authorizes the President and/or the Secretary-Treasurer, or any other officer of the Authority, to deem "final" the Official Statement, as of its date, in accordance with the provisions of the Rule, subject to completion as permitted by the Rule, and the Authority further authorizes the distribution of the BDDBOI 5089147v2 - 3 -