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7200 AUTHORIZING THE FINANCING OF INDUSTRIAL FACILITIES (ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1976)
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7200 AUTHORIZING THE FINANCING OF INDUSTRIAL FACILITIES (ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1976)
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Last modified
10/7/2016 9:44:23 AM
Creation date
10/7/2016 9:44:22 AM
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Resolution/Ordinance
Res Ord Num
7200
Res Ord Title
AUTHORIZING THE FINANCING OF INDUSTRIAL FACILITIES AND RELATED PROPERTY CONSTITUTING A "PROJECT" WITHIN THE MEANING OF ORDINANCE NO. 5768; AUTHORIZING THE ISSUANCE OF $1,000,000 ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1976 (STALEY PROJECT)...
Approved Date
12/13/1976
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- •« <br /> _5_ <br /> optional redemption as set forth in the "Schedule of Maturities" attached to this <br /> Ordinance and hereby made a part hereof; that such Bonds shall be in such form <br /> and shall have the other terms and provisions specified in said Indenture (as I' <br /> executed and delivered); that said Bonds shall be executed and attested in the <br /> name of the Issuer with the manual or facsimile signatures of the Mayor and the <br /> Clerk of the Issuer; that the seal of the Issuer may be affixed thereto or imprinted <br /> thereon and the coupons to be attached to the coupon Bonds of said issue shall be <br /> authenticated by the facsimile signatures of the Mayor and the Clerk of the Issuer; <br /> that the Mayor or Clerk of the Issuer shall cause such Bonds, as so executed and <br /> attested, to be delivered to the Trustee for authentication and the Trustee is hereby <br /> requested to authenticate $1,000,000 aggregate principal amount of the Bonds; and <br /> that the form of the Bonds submitted to this meeting as the same appears in the <br /> Indenture, subject to appropriate insertion and revision in order to cornply with <br /> the provisions of said Indenture be, and the same hereby are, approved, and when <br /> the same shall be executed on behalf of the Issuer in the manner contemplated by <br /> the Indenture and this Ordinance in the aggregate principal amount of $1,000,000 <br /> they shall represent the approved forms of the Bonds of the Issuer. <br /> Section 4. That the Mayor or Clerk of the Issuer be and is hereby <br /> authorized, empowered and directed to issue and sell $l, 000,000 principal amount <br /> not less than <br /> of the Bonds, at a price of� g g $ of the principal amount plus accrued interest <br /> as provided in the Agency Agreement. <br /> Section 5. That from and after the execution and delivery of said <br /> documents, the proper officials, agents and employees of the Issuer are hereby <br /> authorized, empowered and directed to do all such acts and things and to execute <br /> all such documents as may be necessary to carry out and comply with the pro- <br /> visions of said documents as executed and to further the purposes and intent <br /> of this Ordinance, including the preamble thereto. <br />
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