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2000-02 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS
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2000-02 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS
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Last modified
3/8/2016 10:19:29 AM
Creation date
3/8/2016 10:19:25 AM
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Resolution/Ordinance
Res Ord Num
2000-02
Res Ord Title
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED $30,660,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2000, AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Approved Date
2/7/2000
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. . <br /> laws in order to assure that the Pledged Taxes may be levied, extended and collected as provided <br /> herein and deposited into the Bond Fund. <br /> Upon determination of the final interest rates and other Bond terms in accordance with <br /> the Bond Order, there shall be filed with the County Clerk a copy of the Bond Order duly <br /> certified by the City Clerk containing any necessary abatement of the taxes levied hereinabove in <br /> this-Section 10. A copy of the Bond Order duly certified by the City Clerk shall also be filed � <br /> with the Treasurer of the City. <br /> Section 11. Filing with County Clerk. Promptly, as soon as this Ordinance becomes <br /> effective, a copy hereof, certified by the City Clerk of the City, shall be filed with the County <br /> Clerk and the County Clerk shall in and for each of the years ^ 1999 to 2023,inclusive, ascertain <br /> the rate percent required to produce the aggregate tax hereinbefore provided to be levied in each <br /> of said years; and the County Clerk shall extend the same for collection on the tax books in <br /> connection with other taxes levied in said yeazs in and by the City for general corporate purposes <br /> of the City; and in said years such annual tax shall be levied and collected by and for and on <br /> behalf of the City in like manner as taxes for general corporate purposes for said years are Ievied <br /> and collected, and in addition to and in excess of all other taxes. <br /> Section 12. Continuing Disclosure Undertaking. Either of the Designated Officials <br /> is hereby authorized, empowered and directed to execute and deliver the Continuing Disclosure <br /> Undertaking (the "Continuing Disclosure Undertaking") in substantially the same form as now <br /> before the Council, or with such changes therein as the individual executing the Continuing <br /> Disclosure Undertaking on behalf of the City shall approve, his execution thereof to constitute <br /> conclusive evidence of his approval of such changes. When the Continuing Disclosure <br /> Undertaking is executed and delivered on behalf of the City as herein provided, the Continuing <br /> Disclosure Undertaking will be binding on the City and the officers, employees and agents of the <br /> City, and the officers, employees and agents of the City aze hereby authorized, empowered and <br /> -25- <br />
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