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OTHER-2024-033-Bond Purchase Agreement
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OTHER-2024-033-Bond Purchase Agreement
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Last modified
10/24/2024 10:57:21 AM
Creation date
10/24/2024 10:42:36 AM
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BOCC
Date
5/21/2024
Meeting Type
Business
Document Type
Others
Agenda Item
6-B
Document Relationships
Agenda 05-21-24; 6-b - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
Agenda for May 21, 2024 BOCC Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
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or would cause the Official Statement to contain any untrue statement of a material fact or to omit to state <br /> a material fact required to be stated therein or necessary to make the statements therein, in the light of the <br /> circumstances under which they were made , not misleading, the County shall promptly provide written <br /> notice to the Underwriters thereof, and if, in the opinion of the County or the Underwriters , such event <br /> requires the preparation and publication of a supplement or amendment to the Official Statement, the <br /> County shall at its expense supplement or amend the Official Statement in a form and in a manner approved <br /> by the Underwriters . For purposes of this Bond Purchase Agreement, the " end of the underwriting period" <br /> shall be deemed to be the Closing Date (as hereinafter defined) , unless the Underwriters shall have notified <br /> the County to the contrary on or before the Closing Date . <br /> (q) If the Official Statement is supplemented or amended pursuant to subsection (p) of <br /> this Section, at the time of each supplement or amendment thereto and (unless subsequently again <br /> supplemented or amended pursuant to such subsection) at all times subsequent thereto up to and including <br /> the Closing Date, the County shall take all steps necessary to ensure that the Official Statement as so <br /> supplemented or amended will not contain any untrue statement of a material fact or omit to state a material <br /> fact necessary to make the statements therein, in the light of the circumstances under which they were made, <br /> not misleading . <br /> r The information in the PreliminaryOfficial Statement (excluding therefrom the <br /> ( g <br /> information under the captions "INTRODUCTION — Book-Entry Only and "UNDERWRITING" and in <br /> Appendix E, as to which no representations or warranties are made) , including its attachments and <br /> appendices , at the time of acceptance hereof is correct in all material respects , and such Preliminary Official <br /> Statement does not contain any untrue statement of a material fact or omit to state a material fact required <br /> to be stated therein or necessary to make the statements made therein, in the light of the circumstances <br /> under which they were made, not misleading; and the information in the Official Statement (excluding <br /> therefrom the information under the captions "INTRODUCTION — Book-Entry Only" and <br /> "UNDERWRITING" and in Appendix E, as to which no representations or warranties are made) as of its <br /> date and as of the Closing Date , will be true and correct and will not contain any untrue statement of a <br /> material fact or omit to state a material fact required to be stated therein or necessary to make the statements <br /> made therein, in the light of the circumstances under which they were made, not misleading . <br /> (s) Between the date hereof and the Closing, the County shall not, without the prior <br /> written consent of the Underwriters , offer or issue in any material amount any bonds , notes or other <br /> obligations for borrowed money, or incur any material liabilities , direct or contingent, except in the course <br /> of normal business operations of the County or except for such borrowings as may be described in or <br /> contemplated by the Official Statement. <br /> (t) Except as described in the Official Statement, during the last five years , the County <br /> has not failed to materially comply with any previous undertaking relating to continuing disclosure of <br /> information pursuant to Rule 15c2 - 12 . <br /> The execution and delivery of this Bond Purchase Agreement by the County shall <br /> constitute a representation by the County to the Underwriters that the representations , warranties and <br /> covenants contained in this Section 5 are true as of the date hereof; provided that no officer of the County <br /> shall be individually liable for the breach of any representation, warranty or covenant made by the County <br /> in this Section 5 . <br /> ( 6) Closing . At 10 : 00 a. m . , Eastern Time, on June 26 , 2024 , or at such other time or date as <br /> the County and the Underwriters shall mutually agree upon (the "Closing Date") , the County shall (a) <br /> deliver or cause to be delivered, through the custody of The Depository Trust Company, New York, New <br /> York ("DTC") , or at such place as the County and Underwriters shall mutually agree upon, for the account <br /> - 7 - <br />
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