My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2025-061
CBCC
>
Resolutions
>
2020's
>
2025
>
2025-061
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/13/2025 12:21:41 PM
Creation date
10/13/2025 12:18:40 PM
Metadata
Fields
Template:
Resolutions
Resolution Number
2025-061
Approved Date
10/07/2025
Agenda Item Number
14.C
Resolution Type
Authorizing the Sale of Recenue Bonds
Entity Name
Sandridge Golf Club
Subject
Authorizing Capital Revenue Bonds for the Sandridge Golf Club new clubhouse.
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
141
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
ARTICLE IX <br />PROVISIONS RELATING TO BONDS <br />SECTION 9.01. PRELIMINARY OFFICIAL STATEMENT; OFFICIAL <br />STATEMENT. (A) The Issuer hereby authorizes the distribution and use of the Preliminary. <br />Official Statement in substantially the form attached hereto as Exhibit B in connection with the <br />offering of the Bonds for sale. If between the date hereof and the mailing of the Preliminary <br />Official Statement, it is necessary to make insertions, modifications or changes in the Preliminary <br />Official Statement, the Chairman is hereby authorized to approve such insertions, changes and <br />modifications. Any Authorized Issuer Officer is hereby authorized to deem the Preliminary <br />Official Statement "final' within the meaning of Rule 15c2 -12(b)(1) under the Securities Exchange <br />Act of 1934 in the form as mailed. Execution of a certificate by an Authorized Issuer Officer <br />deeming the Preliminary Official Statement "final' as described above shall be conclusive <br />evidence of the approval of any insertions, changes or modifications. <br />(B) Subject in all respects to the satisfaction of the conditions set forth in Section 2.01 <br />hereof, the Chairman is hereby authorized and directed to execute and deliver a final Official <br />Statement, dated the date of the sale of the Bonds, which shall be in substantially the form of the <br />Preliminary Official Statement relating to the Bonds, in the name and on behalf of the Issuer, and <br />thereupon to cause such Official Statement to be delivered to the Underwriters with such changes, <br />amendments, modifications, omissions and additions as may be approved by the Chairman. Said <br />Official Statement, including any such changes, amendments, modifications, omissions and <br />additions as approved by the Chairman, and the information contained therein are hereby <br />authorized to be used in connection with the sale of the Bonds to the public. Execution by the <br />Chairman of the Official Statement shall be deemed to be conclusive evidence of approval of any <br />such changes, amendments, modifications, omissions or additions. <br />SECTION 9.02. APPOINTMENT OF PAYING AGENT AND REGISTRAR. <br />U.S. Bank Trust Company, National Association, Jacksonville, Florida, is hereby designated <br />Registrar and Paying Agent for the Bonds. The Chairman is hereby authorized to enter into any <br />agreement which may be necessary to effect the transactions contemplated by this Section 9.02 <br />and by this Resolution. <br />SECTION 9.03. SECONDARY MARKET DISCLOSURE. Subject to the <br />satisfaction in all respects with the conditions set forth in Section 2.01 hereof, the Issuer hereby <br />covenants and agrees that, in order to provide for compliance by the Issuer with the secondary <br />market disclosure requirements of Rule 15c2-12 of the Security and Exchange Commission (the <br />"Rule"), it will comply with and carry out all of the provisions of the Disclosure Dissemination <br />Agent Agreement (the "Continuing Disclosure Certificate") to be executed by the Issuer and dated <br />the date of delivery of the Bonds, as it may be amended from time to time in accordance with the <br />terms thereof. The Continuing Disclosure Certificate shall be substantially in the form attached <br />hereto as Exhibit C with such changes, amendments, modifications, omissions and additions as <br />shall be approved by the Chairman who is hereby authorized to execute and deliver such <br />Continuing Disclosure Certificate to the purchaser or purchasers of the Bonds. The Clerk is <br />authorized and directed to attest and affix the official seal to the Continuing Disclosure Certificate. <br />Notwithstanding any other provision of the Resolution, failure of the Issuer to comply with such <br />Continuing Disclosure Certificate shall not be considered an event of default hereunder or under <br />33 <br />
The URL can be used to link to this page
Your browser does not support the video tag.