ALBUQUERQUE BERNALILLO COUNTY
WATER UTILITY AUTHORITY
BILL NO. R-15-6 _________|
RESOLUTION
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Approving the Sale of Albuquerque Bernalillo County Water Utility Authority (the "Water Authority") Senior Lien Joint Water and Sewer System Refunding and Improvement Revenue Bonds, Series 2015 in the Aggregate Principal Amount of $___________ (the "Bonds"); Establishing Certain Details of the Bonds; Providing for the Payment of the Costs of Issuance of the Bonds; Approving Disclosure and Other Documents Relating to the Bonds; and Ratifying Action Previously Taken in Connection Therewith
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WHEREAS, unless otherwise defined in Section 1 of this Pricing Resolution or the context requires otherwise, capitalized terms in the Pricing Resolution have the same meaning assigned to those terms in Section 1 of Ordinance No. O-15-2 (the "Bond Ordinance") adopted by the Board of the Water Authority (the "Board") on February 25, 2015; and
WHEREAS, the Pricing Resolution is adopted pursuant to the Bond Ordinance in order to amend or supplement certain matters in the Bond Ordinance and to approve the terms, sale price, maximum interest rates and other matters with respect to the Bonds; and
WHEREAS, the Board has adopted the Bond Ordinance which authorized the issuance of the Bonds and provides for the adoption of a Pricing Resolution by the Board to approve terms and documents relating to the issuance, delivery, sale, and administration of the Bonds, and the Pricing Resolution is adopted by the Board for those purposes; and
WHEREAS, the Water Authority adopts this resolution pursuant to the authority granted to it in the Bond Legislation and the Act; and
WHEREAS, it is in the best interests of the Water Authority to sell the Bonds to the Purchaser upon the terms as set forth in the Bond Legislation and the Bond Purchase Agreement; and
WHEREAS, the Preliminary Official Statement, the proposed form of Official Statement, the form of Continuing Disclosure ...
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