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7171 AUTHORIZING THE FINANCING OF INDUSTRIAL FACILITIES (INDUSTRIAL DEVELOPMENT REVENUE BONDS)
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7171 AUTHORIZING THE FINANCING OF INDUSTRIAL FACILITIES (INDUSTRIAL DEVELOPMENT REVENUE BONDS)
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10/7/2016 10:29:07 AM
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10/7/2016 10:29:06 AM
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Resolution/Ordinance
Res Ord Num
7171
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 INDUSTRIAL DEVELOPMENT REVENUE BONDS (ARCHER-DANIELS-MIDLAND COMPANY)
Approved Date
10/25/1976
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, . <br /> the form submitted to this meeting and hereby approved, with such <br /> changes therein as shall be approved by the officials of the Issuer <br /> executing the same, •their execution thereof to constitute <br /> conclusive evidence of their approval of any and all changes or <br /> � revisions therein from the forms of Loan Agreement and Indenture <br /> hereby approved; and that from and after the execution and delivery <br /> of such instruments :� the officials, agents and employees of the <br /> s ', " <br /> Issuer are hereby authorized, empowered and directed to do all such <br /> acts and things and to execute all such documents as may be necessary <br /> to carry out and comply with the provisions of such instruments as <br /> executed. <br /> Section 2. That the form, terms and provisions of the <br /> proposed Bond Purchase Agreements and Placement Memorandum, copies <br /> of which are before this meeting, be, and they hereby are , in all ' <br /> respects approved, and that the Mayor of the Issuer be, and he <br /> hereby is, authorized, empowered and directed to execute the <br /> Placement Memorandum and the Bond Purchase Agreements in the name <br /> and on behalf of the Issuer, and thereupon to cause the final <br /> Placement Memorandum and the Bond Purchase Agreements to be <br /> delivered to the Purchasers; that the Placement Memorandum and the <br /> � Bond Purchase Agreements are to be in substantially the respective <br /> forms submitted to this meeting and hereby approved, each with such <br /> changes th?rein as shall be approved by the official of the Issuer <br /> execuLing the same, his execution thereof to constitute conclusive <br /> evidence of his approval of any and all changes or revisions therein <br /> from the form of such instruments hereby approved; that the Bond <br /> Purchase Agreements shall be entered into with such Purchasers as <br /> are approved by the Company by its execution of such Bond Purchase <br /> Agreements; and that from and after the execution and delivery of <br /> such instruments, the officials, agents and employees of the Issuer <br /> are hereby authorized, empowered and directed to do all such acts <br /> and things necessary to carry out and comply with the provisions of <br /> such instruments as executed. <br /> -�4- <br /> , <br />
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