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Authorizing $550,000 Economic Development Revenue Bonds - Automatic Molded Plastics Inc. Project)
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Authorizing $550,000 Economic Development Revenue Bonds - Automatic Molded Plastics Inc. Project)
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5/10/2013 10:08:40 AM
Creation date
5/10/2013 9:13:07 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
12/14/1981
Ord-Res Number
7003-81
Bill Number
93-81
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The Bond Purchase Agreement and the Official Statement, <br />as so executed and delivered, shall be in substantially the forms <br />now before this meeting and hereby approved, with only such <br />changes therein as shall be approved by the officers of the <br />Issuer executing the same, their execution thereof to constitute <br />conclusive evidence of their approval and the approval of this <br />Common Council of any and all changes and revisions therein from <br />the forms thereof now before this meeting; and from and after the <br />execution and delivery of the Bond Purchase Agreement and the <br />Official Statement, the Mayor and the City Clerk of the Issuer <br />are hereby authorized to do all such acts and things, and to <br />execute all such documents (including any certifications, financing <br />statements, assignments and other instruments), as may be necessary <br />in the opinion of counsel to the Issuer to carry out and comply <br />with the provisions of the Bond Purchase Agreement and the Official <br />Statement, as executed. <br />Section 6. The provisions of this Ordinance are hereby <br />declared to be separable, and if any section, phrase or provision <br />shall for any reason be declared by a court of competent jurisdic- <br />tion to be invalid or unenforceable, such declaration shall not <br />affect the validity of the remainder of the sections, phrases and <br />provisions hereof. <br />Section 7. All ordinances, orders and resolutions, and <br />parts thereof, in conflict herewith are to the extent of such <br />conflict hereby repealed, and this Ordinance shall take effect <br />and be in full force immediately upon its adoption by this Common <br />Council, subject only to the app a:i Mayor. <br />Member of the Common Coun '1 <br />DEL /et <br />12977 <br />12/13/81 <br />Passed, as amended, December 14, 1981 <br />cm <br />
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