Agenda - 06-23-2004-8c - Laserfiche WebLink

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i~- 6. Approval of Official Statement for Offeriizg -There has been made available to each member of the Board the form of an official statement (the "Official Statement") relating to the Bonds, pursuant to which the Bonds will be offered for sale. The Official Statement remains subject to completion and amendment. The Official Statement is approved as the form of official statement pursuant to which the Bonds will be offered for sale. The actions of the Finance Officer, in collaboration with the LGC, to prepare the text of the Official Statement are ratified, approved and confirmed. The Board approves the LGC's distribution of the Official Statement to prospective purchasers of the Bonds. The Official Statement as so distributed must in substantially the fornr presented to this meeting, with such changes as the Finance Officer may approve. The Board acknowledges that it is the County's responsibility to ensure that the Official Statement, in its final form, neither contains an untrue statement of a material fact nor orrrits to state a material fact required to be included therein for the purpose for which such Official Statement is to be used or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. By the adoption of this resolution, the Board members approve the Official Statement as materially correct and complete, and further acknowledge and accept their own responsibility for causing the County to fulfill these responsibilities for the Official Statement. 7. Redemption Provisio~as -- The Bonds of each Series will be subject to redemption prior to maturity upon such terms and conditions as the Finance Officer, upon advice from the LGC, may determine. The Finance Officer must execute a certificate prior to the initial delivery of the Bonds designating redemption teens and conditions, and such certificate will be conclusive evidence of the Finance Officer's approval and determination of such terms and conditions. 8. Form of Bonds -- The Bonds will be in substantially the form set out in Exhibit A. The Bonds will be dated August 1, 2004, will be in fully registered form, in denominations of $.5,000 and integral multiples thereof, and will be numbered R-1 upward separately within each series or consecutively across the series, as the Finance Officer may determine. Orange 04 GO bond resolution BR