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Ordinance 1988-959
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Ordinance 1988-959
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Last modified
3/29/2021 2:32:01 PM
Creation date
4/7/2006 3:28:48 PM
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City Council Records
Also Known As (aka)
Golf Course Lease Purchase Agreement Authorization
Doc Type
Ordinance
Signed Date
7/19/1988
Ord/Res - Year
1988
Ord/Res - Number
959
Original Hardcopy Storage
7E2
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ORD 1988-959
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<br /> the form and with substantially the same content as presented at <br /> this meeting of the Council, for and on behalf of the City, and <br /> thereafter the City shall be bound by the provisions thereof. <br /> Section 6. Approval of Assignment and Certificates. <br /> The Council hereby acknowledges and consents to the assignment by <br /> the Lessor to the Trustee, pursuant to the Indenture, of all <br /> right, title, and interest of the Lessor in, to, and under the <br /> Lease, and the delegation by the Lessor to the Trustee, pursuant <br /> to the Indenture, of all duties of the Lessor under the Lease. <br /> The Council hereby acknowledges and consents to the issuance and <br /> sale of the certificates pursuant to the Indenture. The Council <br /> hereby acknowledges and approves the forms, terms, and provisions <br /> of the Certificates contained in the Indenture, in substantially <br /> the form presented at this meeting of the Council. The City Clerk <br /> is hereby authorized and directed to affix her signature and the <br /> City seal, or facsimiles thereof, to authenticate the Certifi- <br /> ~ <br /> cates, as provided in the Lease. The Certificate Purchase <br /> Agreement, in substantially the form presented at this meeting of <br /> the Council, is in all respects approved, authorized, and <br /> confirmed, and the Mayor of the City is authorized and directed to <br /> affix his signature to the certificate Purchase Agreement in <br /> substantially the form and with substantially the same content as <br /> presented at this meeting of the Council, for and on behalf of the <br /> city. <br /> Section 7. Attestations~ Authorization of Other Docu- <br /> ments. The City Clerk is hereby authorized and directed to attest <br /> all signatures and acts of any official of the City in connection <br /> with the matters authorized by this ordinance, and to place the <br /> seal of the City on the Lease authorized and approved by this <br /> ordinance. The Mayor of the City and other officials of the City <br /> are hereby authorized to execute and deliver for and on behalf of <br /> the City any and all additional certificates, documents, and other <br /> papers and to perform all other acts that they may deem necessary <br /> or appropriate in order to implement and carry out the <br /> - 5 - <br />
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