HomeMy WebLinkAbout0129_128where necessary, such other documents, certificates and instru-
ments as may be necessary or desirable to carry out and comply
with the intent of this Resolution.
Section 9. Further Authority. The Issuer shall, and
the officers aria sgen e of theIssuer' are hereby authorized and
directed to, take such action and execute such other documents,
financing statements, certificates and instruments including,
without limitation, a certificate or certificates to substantiate
the conclusion that the Bond is' not an "arbitrage bond" within
the meaning of Section 103 (c) of the Internal Revenue Code of
1954, as amended, and the regulations promulgated or proposed
thereunder, as may be necessary or desirable to carry out and
comply with the intent of this Resolution and to carry out,
comply with and perform the duties of the Issuer with respect to
the Bond, the Agreement, the Assignment and the Bond Purchase
Agreement, as executed and all seta and doings of the officers of
the Issuer which are in conformity with the purposes and intent
of this Resolution and in furtherance of the issuance and sale of
the Bond and the financing of the Project shall be, and are
e;arbby in all respects, authorized, approved and confirmed.
Section 10. Severability. The provisions of this
resolution are hereby U-s-c-1—ared to be separable, and if any
section, phrase or provision shall for any reason be declared
invalid, such declaration shall not affect the validity of the
remainder of the sections, phrases ana provisions hereof.
Section 11. Repeal of Inconsistent Ordinances
Resolutions and Orders All ordinances, resolutlons and or era,
or parts thereorg in conflict with the provision of this Resolu-
tion ace, to the extent of such conflict, hereby repealed.
Section 12. Resolution Irre ealable. After the Bond
is issued, this Resolution s all be and remain irrepealable,
until the Bond and the interest thereon shall have been fully
paid, cancelled and discharged.
Section 13. Effective Date.. Immediately after its
adoption, tKis Rasalut on s all Be signed by the President and
Secretary of the Board of Directors of the Issuer and shall take
immediate effect.
(SEAL)
Passed and approved
1983.
res en
ecre.tary