Laserfiche WebLink
BOOK 1 ~ PA6'` iJ J <br />BE IT RESOLVED by the Board of Commissioners of the Issuer, <br />as follows: <br />1. The Bonds shall bear interest at the rates per annum as <br />follows: <br />bonds payable in each <br />1995, 5.80% per <br />bonds payable in each <br />2000, inclusive, <br />bonds payable in each <br />2006, inclusive, <br />bonds payable in each <br />2009, inclusive, <br />of the years 1994 and <br />annum; <br />of the years 1996 to <br />5.90% per annum; <br />of the years 2001 to <br />6.00% per annum; and <br />of the years 2007 to <br />6.10% per annum. <br />2. The Official Statement dated June 5, 1992, setting <br />forth financial and statistical data in connection with the offering <br />of the Bonds, which was circulated with the Notice of Sale thereof, <br />and the Final Official Statement dated June 16, 1992, are hereby <br />approved. In connection with this approval, the Board of <br />Commissioners of the Issuer has examined copies of the Official <br />Statement and the Final Official Statement and has, to the extent and <br />in the manner it has deemed necessary, discussed the contents <br />thereof with officers of the administration of the Issuer. The Board <br />of Commissioners of the Issuer does hereby recite that, upon its <br />examination and discussions, nothing has come to its attention which <br />would lead it to believe that said Official Statement or said Final <br />Official Statement contains any untrue statement of a material fact <br />or omits to state any material fact necessary to make the statements <br />therein, in the light of the circumstances under which they were <br />made, not misleading, provided that the Board makes no recitation <br />with respect to consideration of information supplied by, or which <br />should have been supplied by, the successful bidder for the Bonds. <br />3. This resolution shall become effective upon its <br />adoption. <br />Commissioner Cox seconded the motion, and the motion was adopted. <br />The vote on the adoption of the resolution was as follows: <br />Aye: Cox, Hall, Matthews, Paschal, Reives, Stafford and Wicker <br />Nay: None <br />The Chairman ruled the motion had been adopted unanimously. <br />The Board considered a confirmation of the maturities and rates <br />of interest to be borne by the $7,875,000 Refunding Bonds and <br />approved the official statement and the Final Official Statement on <br />5 <br />