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December 05, 1979 - Image 14

Resource type:
Text
Publication:
Michigan Citizen, 1979-12-05

Disclaimer: Computer generated plain text may have errors. Read more about this.

LEGAL OPIN 10 : Bids shall be condition ..
ed upon the unqualified approving opinion of
iller, C nfield, P ddock and Sto ,attorneys
of Detroit, ich i n, a copy of wh ich opin ion
ill b printed on the re erse side of e ch bond,
and the origin I of hich will be furnished with­
out e pense to the purchaser of the bonds at the
deli ery thereof. The fees of Miller, Canfield,
or cashi r's Paddock nd Ston for servic s rendered in con-
p r lue of n ction with uch approving opinion re expect-
=== ----------�--r--:--------------------------- ... ed to be paid from note proceeds. Except to the
e tent necessary to issue their unqualified opin-
'on as 0 the validity of the bove bonds. iller,
C nfie d, P ddoc and Stone has not been re­
uested to ex mine or review and has not ex ..
mined or reviewed any financial documents,
statements or m terials that ha e n or may
be furnis ed in connection with the uthoriza­
tion, issuance 0 m rketing of he bonds, and
cordingly will not express any opinion ith
re pect to the ccuracy or completeness of any
c financial documents, statements or mat­
rials.
o
C
IP
ill no b
bj t
c
GOOD AITH:
in t mount of
A ARD OF OTES: The notes will
arded to the bidd r ho bid produces th
10 es interest cost comput by de rmining,
t he rat or rat s specified in e bid, t
otal doll value of II in erest on th no
from January I, 1980 0 their mature y
deducting th refrom any prem ium. No propo
for h purcha of less than all of the not
a price I ss th n 1()()% of their par v fue
consid red.
LIVERY OF OTES: The City will
not s re y for execution at its ex-
nse. otes ill delivered without expen
o h Purch r at Detroit, ichigan, or a pi ce
o be mu u lIy reed upon.
THE RIGHT IS RESERVED TO REJECT
A Y OR ALL BIOS.
E VELOPES: Containing he bids sho Id
pi inly "Proposal for otes."
John Lo trid
CI rk, City of B nton H rbor, ic i n
ISSION
G
I
group
prOlr11Jlll.

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