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FROM. 8 M 0 904 224 1344 4.12.1993 28138 P. 9 <br />the official Statement, the County shall cooperate with the <br />Underwriter in supplementing or amending the Official <br />Statement, the printing of which will be at the County's <br />expense, in such form and manner and at such time or times as <br />may be reasonably called for by the Underwriter, so that the <br />statements in the official Statement as so amended or <br />supplemented will not, in the light of the circumstances under <br />which they were made, be misleading. <br />(1) The County covenants to comply with the requirements <br />of the Internal Revenue Code of 1986, as amended (the "Code") <br />in order to maintain the exclusion from gross income of the <br />interest on the Bonds for purposes of federal income taxation. <br />These requirements include, but are not limited to, provisions <br />which prescribe yield and other limits within which the pro- <br />ceeds of the Bonds and other amounts are to be invested and <br />require that certain investment earnings on the foregoing must <br />be rebated on a periodic basis to the Treasury Department of <br />the United States. <br />(m) Since 1975, the County has not been in default on <br />any bonds or other debt obligations of the County. <br />(n) The Preliminary official Statement is deemed final <br />within the meaning of Rule 15c2 -12(b)(1) promulgated under the <br />Securities Exchange Act of 1934, as amended, as of its date, <br />except for omissions of no more than the following infor- <br />mation: the offering price(*), interest rate(*), selling <br />compensation, aggregate principal amount, amount per maturity, <br />delivery date, ratings, redemption provisions, sources and <br />uses, debt service requirements and other terms depending on <br />such matters. <br />7. The Closina. At 10:00 a.m., Eastern Daylight Time, on <br />May 13, 1993 (such data herein called the "Date of Closing"), or at <br />such other time or on such other date as may be mutually agreed <br />upon by the County and the Underwriter, the County shall, subject <br />to the terms and conditions hereof, deliver the Bonds to the Under- <br />writer in New York, New York in definitive form (all the Bonds to <br />bear proper CUSIP numbers), duly executed and authenticated, <br />together with the other documents hereinafter mentioned, and <br />subject to the terms and conditions hereof, the Underwriter shall <br />accept such delivery and pay the purchase price of the Bonds as set <br />forth in Paragraph 1 hereof in immediately available Federal Funds <br />to the order of the County (such delivery of and payment for the <br />Bonds herein called the "Closing"). The uncashed check referred to <br />in Paragraph 5 shall be returned to the Underwriter at the Closing. <br />The closing shall occur at the offices of the Finance Director of <br />the County, or such other place as shall have been mutually agreed <br />upon by the County and the Underwriter. The Bonds shall be pre- <br />pared and delivered as fully registered bonds in such denominations <br />and in such registered names as the Underwriter may request at <br />-8- <br />