Laserfiche WebLink
<br />... <br /> <br />the addition of any discount to or the deduction of any premium from the total <br />interest on all Obligations from their date to their stated maturity, as computed on <br />the basis of the schedule of bond years in the Official Statement published for the <br />Obligations. The Issuer reserves the right to reject -any and all bids, to waive <br />informalities and to adjourn the sale. <br /> <br />PAYING AGENT <br /> <br />Within 48 hours after the sale the Purchaser may name the Paying Agent for whose <br />services the Issuer will pay customary and reasonable fees. An alternate Paying <br />Age.nt may also be named by the Purchaser provided that there is no additional cost <br />to the Issuer by reason thereof. <br /> <br />CUSIP NU~,lBERS <br /> <br />It is anticipated that if the Obligations qualify for assignment of CUSIP nllmbers <br />such CUSIP numbers will be printed on the Obligations, but neither the failure to <br />print such numbers on any Obligation nor any error \vith respect thereto sh~11 <br />constitute cause for failure or refusal by the Purchaser to accept delivee~y of the <br />Obligations. The CUSIP Service Bureau charge foe the assignment of CUSIP <br />identification numbers shall be paid for by the Purchaser. <br /> <br />SETTLEl\IENT <br /> <br />The Obligations \vill be delivered \vithout cost to the Purchaser at a place mutually <br />satisfactory to the Issuer and the Purchaser \vithin 40 days follo\ving the date of <br />their a\vard. Delivery will be subject to receipt by the Purchaser of an approving <br />legal opinion of LeFevere, Lefler, Pearson, O'Brien and Dra\vz of Minneapolis, <br />Minnesota, which opinion will be printed upon the Obligations, and of customar~7 <br />closing papers, including a no-litigatioTl certificate. On the date of settlement <br />payment for the Obligations by the Purchaser must be made in a manner and in <br />such funds as will reasonably enable the Issuer to invest the proceeds as of the <br />same day. <br /> <br />At settlement the Purchaser \vill be furnished VJith a certificate signed by <br />appropriate officers of the Issuer on behalf of the Issuer to the effect that the <br />Official Statement prepared for the Issue did not and does not contain any untrue <br />statement of a material fact or omit to state a material fact J1eCessary in order to <br />make the statements therein, in light of the circumstances under \vhich they \vere <br />made, not misleading. <br /> <br />One copy of the Official Statement will be furnished \vithout cost to any interested <br />party upon request. Additional copies of the Official Statement ,viTI be furnished <br />without cost to the Purchaser upon request in reasonable quantity \vithin a <br />reasonable time of such request. <br /> <br />Dated March 28, 1979. <br /> <br />BY ORDER OF TI-IE CITY COUNCIL <br /> <br />/s/ LuAnn Prachar <br />Clerk-Treasurer <br />