Ordinance 1740-90 - Laserfiche WebLink

DELIVERY. Printed bonds will be furnished by the City and will be delivered to the purchaser in the City of Seattle, Washington, at the expense of the City, or elsewhere as may be mutually agreed upon at the purchaser's option and expense. Accrued interest to the date of delivery shall be paid by the purchaser at the time of delivery. The approving legal opinion of Preston Thorgrimson Shidler Gates & Ellis will be printed on the Bonds and will be furnished, without cost, to the successful bidder at the time of delivery. The obligations hereunder to deliver and accept the Bonds shall be conditioned on the availability and delivery at the time of delivery of such Bonds of said approving opinion, and of a certi- ficate, in form and tenor satisfactory to said law firm and dated as of the date of such delivery, to the effect that there is no litigation pending or (to the knowledge of the signer or signers thereof) threatened affecting the validity of such Bonds. SETTLEMENT. Payment for the Bonds shall be made in Federal funds available on the date and at the place of delivery of such Bonds. CUSIP NUMBERS. It is anticipated that CUSIP identification numbers will be printed on the Bonds, but neither the failure to print such number on any bond nor any error with respect thereto shall constitute cause for a failure or refusal by the purchaser thereof to accept delivery of and pay for said Bonds in accordance with the terms of its bid. All expenses in relation to the printing of CUSIP numbers on said Bonds shall be paid for by the City; provided, however, that the CUSIP Service Bureau charge for the assignment of said numbers shall be the responsibility of and shall be paid for by the purchaser. OFFICIAL STATEMENT. The Preliminary Official Statement dated , 1990 is deemed final within the meaning of Rule 15c2-12 of the Securities and Exchange Commission except for certain information ' related to pricing of Bonds. The City will furnish to the successful bidder through its designated senior representative at the expense of the City within seven (7) business days after the Sale Date a sufficient number of copies of the Official Statement to enable the successful bidder to comply with applicable rules of the Securities and Exchange Commission and the Municipal Securities Rulemaking Board. FURTHER INFORMATION. Further information regarding the Bonds may be obtained upon request made to the undersigned, or to the City Finance Director, William Cushman (206-259-8700) , or from the Financial Advisor to the City, Seattle-Northwest Securities Corporation, Pacific First Centre, Suite 4300, 1420 Fifth Avenue, Seattle, Washington 98101, Attention: Richard T. Kennedy (206-628-2872) . DATED at Everett, Washington, this day of City Clerk City of Everett, Washington A-4 KR113 90/09/17