lease revenue refunding bonds - City of Norwalk
lease revenue refunding bonds - City of Norwalk
lease revenue refunding bonds - City of Norwalk
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e approved by an Authorized Officer, such approval to be conclusively evidenced by<br />
the execution and delivery there<strong>of</strong>, and the <strong>City</strong> Clerk is hereby authorized to attest to<br />
such execution.<br />
Section 5. Approval <strong>of</strong> the First Amendment to Lease Agreement. The First<br />
Amendment to Lease Agreement, in substantially the form on file with the <strong>City</strong> Clerk <strong>of</strong><br />
the <strong>City</strong> and presented to the <strong>City</strong> Council at this meeting, is hereby approved. Any<br />
Authorized Officer is hereby authorized to execute the First Amendment to Lease<br />
Agreement in substantially the form on file, with such revisions, amendments and<br />
completions as shall be approved by an Authorized Officer, such approval to be<br />
conclusively evidenced by the execution and delivery there<strong>of</strong>, and the <strong>City</strong> Clerk is<br />
hereby authorized to attest to such execution.<br />
Section 6. Approval <strong>of</strong> the form <strong>of</strong> Escrow Agreement. The form <strong>of</strong> Escrow<br />
Agreement, in substantially the form on file with the <strong>City</strong> Clerk <strong>of</strong> the <strong>City</strong> and presented<br />
to the <strong>City</strong> Council at this meeting, is hereby approved. Any Authorized Officer is hereby<br />
authorized to execute the one or more Escrow Agreements in connection with the<br />
<strong>refunding</strong> and defeasance <strong>of</strong> the 1999 Bonds and/or the 2001 Bonds in substantially the<br />
form on file, with such revisions, amendments and completions as shall be approved by<br />
an Authorized Officer, such approval to be conclusively evidenced by the execution and<br />
delivery there<strong>of</strong>, and the <strong>City</strong> Clerk is hereby authorized to attest to such execution.<br />
Section 7. Approval <strong>of</strong> the Preliminary Official Statements and the Official<br />
Statements. The Preliminary Official Statements, in substantially the forms on file with<br />
the <strong>City</strong> Clerk <strong>of</strong> the <strong>City</strong> and presented to the <strong>City</strong> Council at this meeting, are hereby<br />
approved with such revisions, amendments and completions as shall be approved by an<br />
Authorized Officer, in order to make the Preliminary Official Statement final as <strong>of</strong> its<br />
date, except for the omission <strong>of</strong> certain information, as permitted by Section 240.15c2-<br />
12(b)(1) <strong>of</strong> Title 17 <strong>of</strong> the Code <strong>of</strong> Federal Regulations (“Rule 15c2-12”). Any <strong>of</strong> the<br />
Authorized Officers is authorized to execute a certificate relating to the finality <strong>of</strong> the<br />
Preliminary Official Statements under Rule 15c2-12. An Authorized Officer is authorized<br />
and directed to execute and deliver the final Official Statements in substantially the<br />
forms hereby approved, with such additions and changes as may be approved by the<br />
Authorized Officer executing the same, such approval to be conclusively evidenced by<br />
the execution and delivery there<strong>of</strong>.<br />
Section 8. Approval <strong>of</strong> the Continuing Disclosure Agreements. The Continuing<br />
Disclosure Agreements, in substantially the forms on file with the <strong>City</strong> Clerk <strong>of</strong> the <strong>City</strong><br />
and presented to the <strong>City</strong> Council at this meeting, are hereby approved. Any Authorized<br />
Officer is hereby authorized to execute the Continuing Disclosure Agreements in<br />
substantially the forms on file, with such revisions, amendments and completions as<br />
shall be approved by an Authorized Officer, such approval to be conclusively evidenced<br />
by the execution and delivery there<strong>of</strong>.<br />
Section 9. Approval <strong>of</strong> Bond Purchase Agreements. The <strong>City</strong> hereby authorizes<br />
and directs that the Bonds be sold on a negotiated basis. Any Authorized Officer is<br />
hereby authorized to undertake all appropriate steps to implement the sale <strong>of</strong> the<br />
Resolution No. 13-13 Page 4 <strong>of</strong> 6