Laserfiche WebLink
purchase price of not less than 96.90% of the principal amount <br />represented thereby (which purchase price shall include an <br />underwriter's discount of not to exceed 2.1% of the principal <br />amount and an original issue discount to the public of not to <br />exceed 1% of the principal amount), plus accrued interest, if <br />any, and, with an average interest rate not to exceed 8.25% per <br />annum and with a final maturity of not later than September 1, <br />2014, with such changes therein as such officer may require or <br />approve, such approval to be conclusively evidenced by the <br />execution and delivery thereof. <br /> <br /> Section 6. The Certificates of Participation and the <br />form of Official Statement relating to the Certificates of <br />Participation, on file with the City Clerk of the City, are <br />hereby approved. The Mayor or City Manager of the City is <br />hereby authorized and directed, at the time of the execution <br />and delivery of the Certificate Purchase Agreement, for and in <br />the name and on behalf of the City, to execute a final Official <br />Statement in substantially the form of the Official Statement <br />before this meeting, with such additions thereto or changes <br />therein as the City Attorney's Office or Orrick, Herrington & <br />Sutcliffe, may require or approve, such approval to be <br />conclusively evidenced by the execution and delivery thereof. <br /> <br /> Section 7. The Underwriter is hereby authorized to <br />distribute copies of the Official Statement, as finally <br />executed, to persons purchasing the Certificates of <br />Participation. The distribution by the Underwriter of the <br /> <br /> 7 <br />6292S <br /> <br /> <br />