HomeMy WebLinkAbout0118_0116officers are hereby authorized to deliver the, Memorandum on
behalf of the Issuer.
Section 9. The President or any Vice President of the
Board is hereby authorized and directed to execute the Bonds, or
have their facsimile signatures placed upon the Bonds, and each
is hereby authorized and directed to deliver the Bonds, and the
seal of the Issuer is .hereby ,authorized - and directed to be
affixed on the Bonds.
Section 10. Allied Bank of Texas is hereby appointed
as Trustee under the Indenture, thereby serving as registrar and
paying agent under the terms of the Indenture.
Section 11. The President or any Vice President of the
Board is hereby authorized to execute and deliver to the Trustee
the written order_ of the Issuer of the authentication and deliv-
ery of the Bonds by the Trustee in accordance with the Indenture. -
Section 12. The Issuer authorizes and directs the User
to prepare a f inal transcript of the proceedings relating to the
authorization, issuance, sale, and delivery of the Bonds, which ,
transcript shall be submitted to'the Commission within sixty (60)
days after the closing date for the Bonds.
Section 13. All action not inconsistent with provisions
of this'Resolution heretofore taken by the Board and officers of
the Issuer directed toward the financing of the Project and the
issuance of the Bonds be,and the same hereby is ratified, _ap
proved and confirmed.,
Section 14. The officers of the Issuer shall'take:all
actions in conformity with the Act, if necessary, or reasonably
required to effectuate the issuance of the Bonds and shall take
all action necessary or desirable in conformity with the Act to
finance the Project and for carrying out, giving effect to. and
consummating the transactions contemplated by the Bonds, the
Initial. Resolution, this Resolutionp•the Agreement, the Inden-
ture, the Guaranty. Agreement, the Mortgage and -the Memorandum,,
including without limitation, the execution and delivery of any
closing documents in connection with the issuance of the Bonds
and the giving of notice of delivery of.the Bonds to the Commis-
sion', The ,officers executing the documents approved-by ;this
Resolution are authorized to approve such changes to said docu-
ments as are necessary and appropriate and not contrary to the
general tenor thereof, such approval to be conclusively evidenced
by such execution thereof.
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