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86-103 AUTHORIZING THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS (BRETTWOOD VILLAGE ASSOCIATES PROJECT) SERIES A & B
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86-103 AUTHORIZING THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS (BRETTWOOD VILLAGE ASSOCIATES PROJECT) SERIES A & B
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8/26/2016 2:56:46 PM
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Resolution/Ordinance
Res Ord Num
86-103
Res Ord Title
AUTHORIZING THE ISSUANCE OF ECONOMIC DEVELOPMENT REVENUE BONDS (BRETTWOOD VILLAGE ASSOCIATES PROJECT) SERIES A & B
Approved Date
12/15/1986
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Bonds, as so executed and attested, to be delivered to the <br /> 1986 Trustee, for authentication, and the 1986 Trustee is hereby <br /> requested to authenticate the 1986 Bonds. <br /> The actual interest rates and purchase prices of the Series <br /> A Bonds and the Series B Bonds shall be approved on or before <br /> December 31 , 1986 by the written determination ( the <br /> "Determination" ) of the Mayor of the City upon consultation with <br /> the Partnership and the Underwriter . The Determination, when <br /> duly executed, shall be filed with the Clerk of the City for <br /> inclusion in the records and minutes of the City. <br /> The interest rate on the loan to the Partnership pursuant to <br /> the Amendment No. 1 to the Loan Agreement shall reflect the <br /> interest rates of the 1986 Bonds as so determined. <br /> Section 8 . That the form, terms and provisions of the <br /> Bond Purchase Agreement presented at this meeting be, and they <br /> hereby are, in all respects authorized and approved, <br /> and that the Mayor and the City Clerk of the City be, and they <br /> are hereby authorized, empowered and directed to execute and <br /> deliver the Bond Purchase Agreement in the name and on behalf of <br /> the City in substantially the form before this meeting and hereby <br /> approved, or with such changes therein as shall be approved by <br /> said officials of the City executing the same, their execution <br /> thereof to constitute conclusive evidence of their approval and <br /> the approval of the City of any and all changes or revisions <br /> therein from the form of the Bond Purchase Agreement before this <br /> -10- <br />
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