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the office of the Cit Clerk a Note Order directed to the Council idet�ti in i the terms of the <br /> Y fY g � ) <br /> sale, (ii) the amount, if any, of the Note being sold as a Floating Rate�Note, (iii) the Dated Date, <br /> (iv) the aggregate principal amount of the Note sold, (v) the repaymenl schedule for the principal <br /> of and interest on the Note, (vi) the optional redemption provisions� if any, applicable to the <br /> Note, and (vii) any other matter authorized by this Ordinance to be det�rmined by the Director of <br /> Financial Management at the time of sale of the Note, and thereafter tl�e Note as so sold shall be <br /> duly prepared and executed in the form and manner provided heuein and delivered to the <br /> Purchaser in accordance with the terms of sale. I <br /> Any Designated Officer and such other officers of the City,as may be necessary are <br /> hereby authorized to execute such other documents, as may be ne�essary to implement the <br /> Agreement and the transactions contemplated thereby and to effect th� issuance and delivery of <br /> the Note, and execution thereof by such officers is hereby deeme�i conclusive evidence of <br /> approval thereof with such changes, additions, insertions, omissions o�1 deletions as such officers <br /> ma determine, with no further official action of or direction b the Cothncil. <br /> Y Y <br /> Section 6. Securiry; Payment. The security for the payme 't of the Note shall be as <br /> � <br /> follows: (a) the proceeds of the Note as and to the extent not c mmitted by contract for <br /> ex enditure on the Pro'ect and b the full faith and credit of the Ci to which as and to the <br /> P J � � ) Y� <br /> extent necessary, for the purpose of providing funds required to pa the interest on the Note <br /> rom tl when and as the same falls u n n <br /> p p y d e, a d to pay a d discharg the principal thereof at <br /> maturity, there is hereby levied upon all of the taxable property withi the City, in the years for <br /> which the Note is outstanding, a direct annual tax sufficient for that pu ose. <br /> The City covenants and agrees with the Purchaser that so long the Note remains <br /> outstanding, the City will take no action or fail to take any action �vhich in any way would <br /> -9- <br />