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$11,000,000 Multi Family Housing Revenue Bonds (The Raintree Point Apartments Project)
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$11,000,000 Multi Family Housing Revenue Bonds (The Raintree Point Apartments Project)
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3/13/2013 1:53:19 PM
Creation date
3/13/2013 1:53:14 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/16/1985
Ord-Res Number
7568-85
Bill Number
136-85
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Agreement, Upon compliance with the terms and conditions of the <br /> Bond Purchase Agreement, the Mayor and Clerk shall execute, seal <br /> and deliver the Bonds in substantially the form set forth in the <br /> Bond Form Appendix attached to the Indenture upon receipt by the <br /> Trustee of the proceeds therefor for deposit to the credit of <br /> various funds in accordance with the Indenture; provided that the <br /> Mayor and Clerk are hereby authorized and empowered to make such <br /> appropriate and consistent changes to the date of the Bonds and <br /> the dates of the maturities thereof so as to allow for delivery <br /> of such Bonds at any time prior to December 31, 1985 . The <br /> signatures of the Mayor and the Clerk on the Bonds at any time <br /> prior to December 13, 1985 , The signatures of the Mayor and the <br /> Clerk on the Bonds may be manual or facsimile signatures , <br /> SECTION 6 , Approval of Filings and Submissions With Other <br /> Governmental Agencies , The Mayor and the Clerk, members , staff <br /> and counsel for the City, or any of them, are authorized on <br /> behalf of the City to apply for such rulings, orders and approvals <br /> and file or submit such elections or other documents to any <br /> governmental agency, in order that the Bonds may be validly issued <br /> and the interest thereon be exempt from Federal income taxation, <br /> and execute such powers of attorney at may be appropriate in <br /> connection with the foregoing. <br /> SECTION 7 . Authorization of Other Documents , The Mayor and <br /> the Clerk, members , staff and counsel for the City, or any of <br /> them, are hereby authorized to execute and deliver such other <br /> certificates , documents , instruments and opinions and other papers <br /> as may be required by the Indenture, Regulatory Agreement, Loan <br /> Agreement, Remarketing Agreement or Bond Purchase Agreement or <br /> as may be necessary or convenient to effectuate the sale and <br /> delivery of the Bonds in accordance with the terms of the <br /> aforementioned documents . <br /> SECTION 8 . Conflict and Effectiveness . All ordinances and <br /> parts of ordinances or other proceedings of the Council in <br /> conflict herewith are repealed to the extent of such conflict . <br /> The Ordinance shall become effective upon adoption. <br /> SECTION 9 , Definitions . The words used herein and in the <br /> premises shall have, where not otherwise indicated, those meanings <br /> established in the Indenture by and between the City and the Trustee <br /> appointed in Section 3 above. <br /> SECTION 10. Ordinance. This Ordinance shall be in full <br /> force and effect from and after its passage by the Comwon Council <br /> and approval by the Mayor. <br /> 410 . .' <br /> M <br /> - - <br /> ember o thesuuuon Counci <br /> EILEO IN CLERK'S OFFICE <br />
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