INDEPENDENT LOCAL NEWSNewport News, Virginia
Back to the record

Document text · Page 369 of 744

NNRHA June 16, 2026 board meeting package

Text from the approved public copy. Page numbers follow the PDF sequence.

Open Source Document

This page was read by OCR. Text can misread numbers, dates or table columns. Check the PDF before quoting or interpreting it. Redacted areas remain redacted.

6. Colliers Securities LLC is hereby appointed by the Issuer as underwriter for the sale of the Bonds and as the Remarketing Agent, at the request of the Borrower. Ti, The officers of the Issuer are hereby authorized and directed to execute the Bond Documents and to deliver the Bond Documents to which it is a party to the other parties thereto. 8. The Chairman or the Vice-Chairman of the Issuer is hereby authorized and directed to execute the Bonds by his or her manual or facsimile signature. The Executive Director/Secretary is authorized and directed to affix the seal, or a facsimile thereof, of the Issuer on the Bonds and, when called for, the Bond Documents, and to attest the same, by her manual or facsimile signature, and the officers of the Issuer are hereby authorized and directed to deliver the Bonds to the Trustee for authentication and to cause the Bonds so executed and authenticated to be delivered to or for the account of the Underwriter thereof upon payment of the purchase price. 9, The officers of the Issuer are hereby authorized and directed to execute, deliver and file all certificates, documents, closing papers and instruments, including without limitation Internal Revenue Service Form 8038 containing information with respect to the Bonds, and to take all such further action, including the execution and delivery of such other certificates, documents and instruments as they, or any one of them, may consider necessary or desirable in connection with the Project and the issuance and sale of the Bonds. 10. Any authorization to the officers of the Issuer to execute a document shall include authorization to (a) the Executive Director/Secretary to affix the seal of the Issuer to such document and attest such seal, and (b) any officer to provide for the recording or filing of such document where appropriate and its deliver it to the other parties thereto. 11: The Borrower hereby agrees to satisfy all applicable federal, state and local laws with respect to the Project, including but not limited to, any applicable fair housing requirements. 12. The use and distribution by the Underwriter of the Preliminary Official Statement and any supplements thereto are hereby authorized. The Preliminary Official Statement shall be in substantially the form submitted to this meeting, with such completions, omissions, insertions and changes not inconsistent with this Resolution as may be agreed to by the Chairman or Vice Chairman, in consultation with counsel to the Issuer. 13. After the Borrower has deemed the Preliminary Official Statement final within the meaning of Rule 15c2-12 (the “Rule”) of the Securities and Exchange Commission, and all pricing and other information needed to complete an Official Statement with respect to the public offering of the Bonds (the “Official Statement”) has been inserted therein, the Underwriter is authorized to distribute the Official Statement to each potential investor requesting a copy thereof and to each person to whom the Underwriter initially sells the Bonds. 14. All costs and expenses in connection with the Bonds, including but not limited to the fees and expenses of Bond Counsel and counsel to the Issuer, shall be paid from the proceeds from the sale of the Bonds to the extent permitted by the Code, or from the funds of the
Jump to an indexed page (744 of 744)

Report a privacy or text-extraction issue through publication requests.