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HomeMy WebLinkAbout0112_111fl/ the Bonds and take all action necessary or desirable in conformity with the Act to finance the Project and for carrying out, giving effect to, and con- summating the transaction contemplated by the Bonds, the Initial Resolution, this Resolution, the Agreement, the Indenture, the Guaranty Agreement, the Memorandum, and the Mortgate including without limitation, the execution and delivery of any closing documents in connection with the issuance of the Bonds. Section 12. After any of the Bonds are issued, this Resolution shall be and remain irrepealable until the Bonds or interest thereon shall have been fully paid or provisions for payment made pursuant to the Indenture. Section 13. If any section, paragraph, clause, or provision of this Resolution shall be held to be invalid or unenforceable the invalidity or unenforceability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this Resolution. In case any obligation of the Issuer authorized or established by this Resolution or the Bonds is held to be in violation of law as applied to any person or in any circumstance, such obligation shall be deemed to be the obligation of the Issuer to the fullest extent permitted by law. READ, PASSED AND APPROVE THIS 13th day of December, 1983 0. - U Mayo ATTEST: City Secretary