83-105
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llssure the necessary ncxlbl1l,t~. to chnnge the maturities, redemption fcatures nnd intercst
rates necessary to obtnln the most Covorable terms In the bond market. The negotiated
sale of the prinelpal"amount of Bonds stated In the title of this resolution and In the Bond
Purchasc Agreement to the Underwriter Is hereby authorized pursuant to Section 218.385,
Florida Statutes. The offer in the form of the Bond Purchase Agreement, attached hereto
as Exhibit !tAil and mode a part hereof, relating to the purchase of the Bonds is hereby
accepted and such principal nmount of Bonds are hereby awarded and sold to the
Underwriter at the purchase price and'upon the terms'and conditions set forth in the Bond
Purchase Agreement. The Issuer acknowledges receipt of the Information required by
Section 218.385, Florida Statutes, in connection with negotiated sale of bonds. A copy of
the Underwriter's letter containing the required information is attached hereto as Exhibit
liB".
SECTION 2. DESCRIPTION OF BONDS. The Bonds shall be issued in such
form, shall be dated, shall be in such denominations, shall be numbered, shall mature in
such years and amounts and shall bear Interest payable at such rates and on such dates,
and shall be subject to redemption, all upon the terms and in the manner provided in the
Official Statement described in Section 4 hereof (the "Of'iclal Statement").
SECTION 3.
APPROVAL OF OFFICIAL STATEMENT FOR BONDS. The use
of the final Ofnclal Statement relating to the Bonds, in the form attached to the Bond
Purchase Agreement as Exhibit IT, and made a part hereof, with such revisions as are
consistent with the Bond Purchase Agreement and as shall hereafter be approved by the
Mayor-Commissioner and City Manager of the Issuer, such approval to be evidenced by
their execution thereof, is hereby authorized and approved in connection with marketing
of the Bonds, and the proper officers of the Issuer are hereby authorized to execute the
final Official Statement and to deliver same to the Underwriter.
EXECUTION OF BOND PURCHASE AGREEMENT AND
AUTHORIZATION OF ALL OTHER NECESSARY ACTION. The proper officers of the
SECTION 4.
Issuer are hereby authorized and directed to execute and delfyer the Bond Purchase
Agreement and to execut.~ the Bonds when prepared and deliver the same to the
Underwriter upon payment of the purchase price pursuant to the conditions stated in the
Bond Purchase Agreement. The Mayor-Commlssioner, City Clerk, City Manager, and City
Attorney for the Issuer are each designated agents of the Issuer in connection with the
issuance and delivery of the Bonds, and are authorized and empowered, collectively or
Individually, to take all action and steps to execute and deliver any and all Instruments,
.::..e.
LKL 9/7/83 #l208A
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'~'.. 83-105
10-20-83