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Resolution No. 4807
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2004 No. 4782-4819
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Resolution No. 4807
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Last modified
6/10/2010 4:49:18 PM
Creation date
9/14/2004 4:15:53 PM
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Template:
City Recorder
CMO_Document_Type
Resolutions
Document_Date
9/13/2004
Document_Number
4807
CMO_Effective_Date
9/13/2004
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5.5. Prepare and circulate any disclosure documents that are desirable to <br /> facilitate the sale of Interim Financings or Bonds; <br /> <br /> 5.6. Provide that Interim Financings or Bonds shall bear interest which is <br /> includable in gross income under the United States Internal Revenue Code; <br /> <br /> 5.7. Provide that Interim Financings or Bonds shall bear interest which <br /> is excludable from gross income under the United States Internal Revenue Code, <br /> and enter into covenants to protect that excludability; <br /> <br /> 5.8. Execute arid deliver Interim Financings and Bonds and pay or <br /> prepay Interim Financings and Bonds; and <br /> <br /> 5.9. Execute any documents and take any actions which the City Official <br /> reasonably determines are desirable to carry out this Resolution, or to obtain Interim <br /> Financings and sell Bonds in accordance with this Resolution and the Act. <br /> <br /> Section 6. Termination of Authority Granted by Resolution No. 4602~ The City shall <br />not issue any additional obligations under Resolution No. 4602 after the City obtains Interim <br />Financing under the authority of this Resolution. <br /> <br /> Section 7. Effective Date. This Resolution shall take effect on the date of its adoption. <br /> <br /> The foregoing Resolution adopted this 13th day of September, 2004. <br /> <br /> City R~cbr~ler <br /> <br />Resolution - 3 <br /> <br /> <br />
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