Ordinance 1983-805 - Laserfiche WebLink

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" I The proper officers of the Issuer are hereby authorized and directed to prepare and furnish to bond counsel certified copies of all proceedings and records of the Issuer relating to the Bond and such other affidavits and certificates as may be required to show the facts relating to the authorization and issuance thereof as such facts appear from the books and records in such officers' custody and control or as otherwise known to them. The approval hereby given to the various documents referred to above includes an approval of such additional details therein as may be necessary and appropriate for their completion, including interest rates and any numbers derived therefrom, and such modifications thereto, deletions th.erefrom and additions thereto as may be approved by bond counsel prior to the execution of the documents. The execut.ion of any instrument by the appro- priate officers of the Issuer herein authorized shall be conclu- sive evidence of the approval by the Issuer of such instrument in accordance with the terms hereof. Section 2. Bond Details. The Issuer shall issue its Industrial Development Revenue Bond (Louisville Medical Associates project), Series 1983, dated as of the date of issuance thereof, consisting of one bond in the denomination of $550,000, for the purpose, in the form and upon the terms set forth in this Bond Ordinance and the Loan Agreement. The Bond shall be payable at the principal office of First National Bank of Louisville, 833 Main Street, P.O. Box 8, Louisville, Colorado 80027 (the "Lender"), or at such other place as the Lender may designate in writing. The Bond is payable to the Lender or its registered assigns. The ownership of the Bond will be registered in the office of the City Clerk. The Bond shall bear interest from the date of issuance and delivery thereof to the Lender at the following rates: - 4 -