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2000 RES R-95-00
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2000 RES R-95-00
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18. <br />19 <br />20�� <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />I I Agreement") by and between the City and Union Bank of California, N.A. (the "Fiscal Agent") <br />submitted to this meeting and on file with the City Clerk, is hereby approved. An Authorized <br />Officer is hereby authorized and directed to execute and deliver the Fiscal Agent Agreement in <br />substantially the form on file with the City Clerk, with such changes, additions or deletions <br />approved by such Authorized Officer after consultation with the City Attorney and Bond <br />Counsel which are in the interest of the City, such approval to be conclusively evidenced by <br />such execution and delivery. <br />Section 8. The form of escrow agreement (the "Escrow Agreement") by and <br />between the City and the Trustee, as escrow agent, submitted to this meeting and on file with <br />the City Clerk, is hereby approved. An Authorized Officer is hereby authorized and directed to <br />execute and deliver the Escrow Agreement in substantially the form on rile with the City Clerk, <br />with such changes, additions or deletions approved by such Authorized Officer after <br />consultation with the City Attorney and Bond Counsel in the interest of the City, such approval <br />to be conclusively evidenced by such execution and delivery. <br />Section 9. The form of continuing disclosure agreement (the "Continuing <br />Disclosure Agreement") by and between the City and the Trustee, as dissemination agent, <br />submitted to this meeting and on rile with the City Clerk, is hereby approved. An Authorized <br />Officer is hereby authorized and directed to execute and deliver the Continuing Disclosure <br />Agreement in substantially the form on file with the City Clerk, with such changes, additions <br />or deletions approved by such Authorized Officer after consultation with the City Attorney and <br />Bond Counsel in the interest of the City, such approval to be conclusively evidenced by such <br />execution and delivery. <br />Section 10. The Refunding Bonds are hereby designated as "qualified tax- <br />exempt obligations" within the meaning of Section 265(b)(3) of the Code. The City hereby <br />finds and determines that the aggregate face amount of all tax exempt obligations (other than <br />
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