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, � <br /> > • <br /> Ordinance provided as soon after the passage hereof as may be and the Bond Order is <br /> delivered by the Designated Officials, and thereupon be deposited with the Treasurer of the <br /> City, and after due authentication by the Bond Registrar, be by said Treasurer delivered to <br /> the purchaser thereof, namely First Chicago Capital Markets, Inc. and associates (the <br /> "Underwriters"), at the price of not less than 99°Io of the principal amount thereof less <br /> original issue discount, plus accrued interest to the date of delivery; provided, however, that <br /> the maximum original issue discount on the Bonds shall not exceed 3.00% of the original par <br /> amount thereof. , <br /> Nothing in this Section shall require the Designated Officials to sell the Bonds if in I <br /> their judgment, the conditions in the bond markets shall have markedly deteriorated from <br /> the time of adoption thereof, but the Designated Officials shall have the authority to sell the <br /> Bonds in any event so long as the limitations set forth in this Ordinance and the conditions of <br /> this Section shall have been met. <br /> Upon the sale of the Bonds, the Designated Officials and any other officers of the City <br /> as shall be appropriate, shall be and are hereby authorized and directed to approve or <br /> execute, or both, such documents concerning the sale of the Bonds as may be necessary, <br /> including, without limitation, the Bond Order, Preliminary Official Statement, Official <br /> Statement, Bond Purchase Contract (as hereinafter defined), and closing documents. The <br /> Council hereby finds and determines that the proposed Bond Purchase Contract is in the best <br /> interests of the City and that no person holding any of�ce of the City either by election or <br /> appointment, is in any manner interested either directly or indirectly, in his own name or in <br /> -28- <br />