My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Redevelopment Commission Agenda & Packet 04.24.25
sbend
>
Public
>
Redevelopment Commission
>
Agendas & Packets
>
2025
>
04.24.2025
>
Redevelopment Commission Agenda & Packet 04.24.25
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/22/2025 11:40:18 AM
Creation date
4/22/2025 11:39:55 AM
Metadata
Fields
Template:
Dept of Community Investment
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
75
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
12 <br /> <br />Additional abbreviations may also be used although not in the <br />above list. <br /> <br />FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto <br />________________________________________ (Please Print or Typewrite Name and Address <br />and Social Security or Other Identifying Number) $__________________ principal amount (must <br />be a multiple of $_____) of the within bond and all rights thereunder, and hereby irrevocably <br />constitutes and appoints _________________________, attorney to transfer the within bond on <br />the books kept for the registration thereof with full power of substitution in the premises. <br />Dated: <br /> <br />Signature Guaranteed: <br /> <br /> <br />NOTICE: Signature(s) must be guaranteed by <br />an eligible guarantor institution participating in <br />a Securities Transfer Association recognized <br />signature guarantee program. <br /> <br /> <br />NOTICE: The signature to this assignment <br />must correspond with the name as it appears <br />upon the face of the within bond in every <br />particular, without alteration or enlargement or <br />any change whatever. <br /> <br />(End of Form of Bond) <br /> <br />Section 6. Sale of Bonds. Pursuant to Indiana Code 5-1-11-1(a), the President is <br />hereby authorized to negotiate the sale of the Bonds to one or more purchasers thereof (each, a <br />“Purchaser”), at an interest rate or rates not exceeding five and one-half percent (5.5%) per annum <br />and with a purchase price of not less than ninety-nine percent (99%) of the principal amount of the <br />Bonds. The President is hereby authorized to (i) execute a purchase agreement, term sheet, or <br />other similar instrument with the Purchaser concerning the terms of the sale and purchase of the <br />Bonds (the “Purchase Agreement”), and (ii) sell such Bonds upon such terms as are acceptable to <br />the President consistent with the terms of this Resolution. The final form of the Purchase <br />Agreement shall be approved by the President, upon the advice of the Commission’s bond counsel, <br />and the President is hereby authorized and directed to complete, execute and attest the same on <br />behalf of the Commission so long as its provisions are consistent with this resolution. <br />After the Bonds have been properly sold and executed, the Controller shall receive payment <br />from the purchasers for the Bonds and shall provide for delivery of the Bonds to the purchasers. <br />The Controller is hereby authorized and directed to obtain a legal opinion as to the validity <br />of the Bonds from Barnes & Thornburg LLP, and to furnish such opinion to the purchasers of the <br />Bonds or to cause a copy of said legal opinion to be printed on each Bond. The cost of such <br />opinion shall be paid out of the proceeds of the Bonds. <br />Notwithstanding anything contained herein, the President may negotiate the sale of one or <br />more series of the Bonds to the Indiana Finance Authority. The President, Mayor and the <br />Controller are hereby authorized to (i) submit an application to the Indiana Finance Authority <br />through its IFA Program, (ii) execute one or more Financial Assistance Agreement (including any
The URL can be used to link to this page
Your browser does not support the video tag.