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Ordinance 1982-774
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Ordinance 1982-774
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Last modified
3/12/2021 10:24:12 AM
Creation date
3/16/2007 4:40:33 PM
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Template:
City Council Records
Doc Type
Ordinance
Signed Date
10/19/1982
Ord/Res - Year
1982
Ord/Res - Number
774
Original Hardcopy Storage
7E2
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ORD 1982-774
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<br /> 7 <br /> execute and de iver such document and the City Clerk or Deputy <br /> Clerk of the C ty is hereby authorized and directed to affix <br /> the seal of th City, and to attest, such document in substan- <br /> tially the for of such document hereby approved. <br /> Section 7 Further Authority. The Mayor and Mayor Pro <br /> Tern and the Ci y Clerk and Deputy Clerk and other proper City <br /> officials, and each of them, are hereby authorized to execute <br /> and deliver fo and on behalf of the City any and all addi- <br /> tional certifi ates, documents and other papers and to perform <br /> all other acts they may deem necessary or appropriate in order <br /> to implement carry out the matters herein authorized. <br /> Section 8 Special, Limited Obligations. Under the <br /> provisions of he Ac t , and as provided in the Indenture and the <br /> Loan Agreement the Series 1982 Notes shall be special, limited <br /> obligations of the City payable solely from, and secured by a <br /> pledge of, the revenues as stated in the Indenture and the Loan <br /> Agreement and hall be further secured by the Indenture. The <br /> City will not ledge any of its property or secure the payment <br /> of the Series 982 Notes with its property. The Series 1982 <br /> Notes shall ne er constitute the debt or indebtedness of the <br /> City within th meaning of any provision or limitation of the <br /> state constitu ion or statutes and shall not constitute or give <br /> rise to a pecu iary liability of the City or any of its of- <br /> ficers, employes or agents, or a charge against its general <br />
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