(a) The Notes must be sold according to the terms and conditions set forth in each Note Resolution. The purchase price must not be less than ninety-seven percent (97%) of the principal amount of the Notes, plus any accrued interest on the Notes from their date to the Closing Date.
(b) The Authorized Officer must sign the Certificate of Award and must cause the Notes to be prepared, signed, and delivered, together with a true transcript of proceedings of the issuance of the Notes, to the Original Purchaser upon payment of the purchase price.
(Ord. 2009-139. Adopted 4-13-09.)