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1978-007
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1978-007
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2/7/2023 2:36:31 PM
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2/7/2023 2:36:19 PM
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Resolutions
Resolution Number
1978-007
Approved Date
01/23/1978
Subject
Authorizing issuance on Bond Anticipation Notes not exceeding $402,500
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such resolutions and/or ordinances as shall not be inconsistent <br />With the terms and conditions of this resolution: <br />A. To cure any ambiguity, defect, or omission herein; <br />and/or <br />B. To secure, extend or renew to the holders of the <br />Notes the pledges made herein for the payment of the Notes and <br />the interest to accrue thereon. <br />SECTION 10. MODIFICATION AND MIENDMENT. No material <br />modification or amendment of this resolution or of any resolution <br />amendatory hereof or supplemental hereto may be made without the <br />consent in writing of the holders of the Notes. <br />SECTION 11. SEVERABILITY. If any one or more of the <br />covenants, agreements or provisions of this resolution should <br />be held contrary to any express provision of law or contrary to <br />the policy of express law, though not expressly prohibited, or <br />against public policy, or shall for any reason whatsoever be <br />held valid, then such covenants, agreements or provisions shall <br />be null and void and shall be deemed separate from the remaining <br />covenants, agreements or provisions, and in no way affect the <br />validity of all the other provisions of this resolution or of <br />the Notes. <br />SECTION 12. EFFECTIVE DATE. This resolution shall <br />take effect immediately upon its adoption. <br />PASSED AND ADOPTED this 23 day of January <br />19 78. <br />-7- <br />
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