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Ordinance 1289-86
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Ordinance 1289-86
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1/23/2018 11:37:52 AM
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Ordinances
Ordinance Number
1289-86
Date
9/10/1986
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• <br /> bear the same date of issuance, interest rate, principal payment <br /> date and terms and covenants as the definitive Notes, and shall <br /> be in such form as acceptable to such purchaser . Such temporary <br /> Note shall be exchanged for the definitive Notes as soon as the <br /> same are printed, executed and available for delivery. <br /> Section 6 . Harper, McLean & Company, Seattle, Washington, <br /> has submitted an offer to purchase the Notes at the price set <br /> forth in its offer on file with the City, the City to furnish <br /> the Notes and the approving legal opinion of Roberts & <br /> Shefelman, municipal bond counsel of Seattle, Washington, at the <br /> City' s expense. Bond counsel shall not be required to review or <br /> express any opinion concerning the completeness or accuracy of <br /> any official statement , offering circular or other sales mate- <br /> rial issued or used in connection with the Notes, and bond <br /> counsel ' s opinion shall so state. The City Council , deeming <br /> that it is in the best interest of the City that such offer be <br /> accepted, accepts the same. The Notes, therefore, immediately <br /> upon their execution, shall be delivered to Harper, McLean & <br /> Company in Seattle, Washington, upon payment therefor in accord- <br /> ance with such offer . <br /> The proper City officials are authorized and directed to do <br /> everything necessary for the prompt delivery of the Notes to the <br /> - 5 - <br />
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