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Oakland Michigan online Form 2159: What You Should Know
By the Authority vested in me as the Mayor of the City of Madison Heights by the Code of Ordinances of the City of Madison Heights, Approved January 7, 2014. The City of Madison Heights and the United States of America, represented by the Secretary of the Treasury, in the Treasury Department, Washington, D.C. 20220, hereby jointly appoint, empower and authorize the Mayor of the City of Madison Heights, the Treasurer of Madison Heights and the Secretary of the Treasury as custodians of the City of Madison Heights Bond Authorization (the “Authorization”) which is hereby incorporated into and made a part of these minutes by reference to an Executive Order signed by the President. The Authorization (the “Bond Authorization”) is hereby granted to a limited liability company (“Limited Liability Company” and, together with its successors, assigns and agents, the “Issuer” or its agents, “the Company”) of the City of Madison Heights (“Issuer”) and other owners of a majority of shares of common stock of the Issuer, or other beneficial owners of ten percent or more of the outstanding voting interests of the Issuer (“Holders”), pursuant to an Exchange Act filing made on May 16, 2012, with the Securities and Exchange Commission (“SEC”). The foregoing is an Order of the City of Madison Heights, dated June 22, 2025 (the “Order”), that establishes the terms and conditions under which and the manner in which an Ordinance to authorize the Issuer to issue bonds in an amount not to exceed 1,000,000,000 with an accompanying pledge of the assets of the City of Madison Heights (“Bond Authorization”) will be passed by the City Council of the City of Madison Heights. This Ordinance must be read in its entirety.
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