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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
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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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ti r ' <br /> Section 17. Further Tcix Covenants. The City agrees to comply with all provisions of �I <br /> the Code which, if not compiied with by the City, would cause the Bonds not to be Tax-exempt. � <br /> In furtherance of the foregoing provisions, but without limiting their generality, the City agrees: <br /> (a) through its officers, to make such further specific covenants, representations as shall be <br /> truthful, and assurances as may be necessary or advisable; (b) to comply with all representations, <br /> covenants and assurances contained in certificates or agreements as may be prepazed by counsel <br /> approving the Bonds; (c)to consult with such counsel and to comply with such advice as may be <br /> given; (d) to file such forms, statements and supporting documents as may be required and in a <br /> timely manner;and (e) if deemed necessary or advisable by its officers, to employ and pay fiscal <br /> agents, financial advisors, attorneys and other persons to assist the City in such compliance. ' <br /> Section 18. Rights and Duties of Bond Registrar and Paying Agent^ . If requested by ', <br /> the Bond Registrar or the Paying Agent, or both, any officer of the Ciry is authorized to execute I <br /> standard forms of agreements between the City and the Bond Registrar or Paying Agent with I <br /> respect to the obligations and duties of the Bond Registrar or Paying Agent hereunder. In <br /> addition to the terms of such agreements and subject to modification thereby, the Bond Registrar <br /> and Paying Agent by acceptance of duties hereunder agree: ' <br /> (a) to act as bond registrar, paying agent, authenticating agent, and transfer '� <br /> agent as provided herein; <br /> (b) as to the Bond Registrar, to maintain a list of Bondholders as set forth <br /> herein and to fumish such list to the City upon request, but otherwise to keep such list <br /> confidential to the extent permitted by law; li <br /> (c) as to the Bond Registrar, to cancel and/or destroy Bonds which have been <br /> paid at maturity or upon redemption or submitted for exchange or transfer, ', <br /> (d) as to the Bond Registrar, to furnish the City at least annually a certificate ', <br /> with respect to Bonds canceled and/or destroyed; and <br /> -29- <br />
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