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-3 - other officials of the City in causing to be distributed copies of the Preliminary Official Statement relating to the Bonds, dated August 24, 2001, and the Detailed Notice of Sale of the Bonds, dated August 24, 2001, in the respective forms thereof presented at the meeting of the Council at which this resolution is being adopted, and the form and contents of such Preliminary Official Statement, Summary Notice of Sale and Detailed Notice of Sale, and the details of the Bonds described therein, are hereby approved, ratified and confirmed. The City Manager or the Deputy City Manager and the Director of Finance of the City are hereby authorized to prepare and deliver to the Purchaser a final Official Statement relating to the Bonds, dated the date of adoption of this resolution, substantially in the form of the Preliminary Official Statement, and to execute and deliver to the Purchaser the "CERTIFICATE CONCERNING OFFICIAL STATEMENT" described in such final Official Statement. The Preliminary Official Statement is "deemed final" for purposes of Rule 15c2-12 ("Rule 15c2-12") promulgated by the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934. The City Manager is hereby further authorized to execute and deliver to the Purchaser a Continuing Disclosure Certificate relating to the Bonds evidencing the City's undertaking to comply with the continuing disclosure requirements of Paragraph (b) of Rule 15c2-12 in such form as shall be approved by the City Mayor upon advice of counsel (including the City Attorney or Bond Counsel), such approval by conclusively evidenced by his execution thereof. 4. (a) The details of the Bonds as set forth in the Detailed Notice of Sale are hereby ratified and confirmed. In accordance with the Detailed Notice of Sale, the Bonds shall • be dated September 1, 2001; shall be numbered from R-1 consecutively upward in order of issuance; shall be issued in fully registered form in the denomination of $5,000 each or any integral multiple thereof; and shall bear interest from their date payable on March 15, 2002 and semiannually on each March 15 and September 15 thereafter. The Bonds shall mature and become due and payable on March 15 in each of the years 2002 to 2021, both inclusive, in the principal amounts set forth opposite each such year below, with the Bonds maturing in each such year bearing interest at the rate per annum set forth opposite such year, as follows: Year Principal Interest Year Principal Interest March 15 Amount Rate March 15 Amount Rate 2002 $475,000 4.D% 2012 $475,000 4d6 % 2003 475,000 44.0 2013 475,000 4.15 2004 475,000 3.'j5 2014 475,000 4.25 2005 475,000 3.(09.5 2015 475,000 4.361 2006 475,000 3.10:5 2016 475,000 4.4 2007 475,000 B. -IS, 2017 475,000 4.5 2008 475,000 3. 197S 2018 475,000 4.55 2009 475,000 4.O 2019 475,000 4,16 2010 475,000 4.1 2020 475,000 4. tort 2011 475,000 4.1 2021 475,000 4.'1 0 376345.1 022828 RES