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No. 0141 authorizing sale, issuance, delivery of premininary loan notes in the aggregate principal amount of $557,000, execution of requisition agreement No. 4, execution/delivery of project temp. loan note No. 5 in connection with Project No. IND R-29
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No. 0141 authorizing sale, issuance, delivery of premininary loan notes in the aggregate principal amount of $557,000, execution of requisition agreement No. 4, execution/delivery of project temp. loan note No. 5 in connection with Project No. IND R-29
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10/18/2012 4:20:51 PM
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1. , I.J <br />0,;' Ix <br />MDMM-3080L <br />3.41 <br />RESOLUTION AUTHORIZING THE SALE, ISSUANCE, AND DELIVERY <br />OF PRELIMINARY LOAN NOTES IN TIM AGGREGATE PRINCIPAL <br />AMOUNT Or" "', V 1120C%M <br />.15 1 THE EXT]CUTION OF <br />REQUISD-JON AGEZ'bM',NT No. 41, . I AND TIM EXECUTION <br />AND DELIVERY OF PROJECT TIMOR RY LOAN NOTE, NO. <br />IN CONDTFCTION WITH PROJECT NO. <br />'o <br />MM REAS, Q'It-7 021 <br />Ca h DOM- (herein <br />nc <br />ca.1led the "Loca Pu is ency has entered into a.contract dated as of the <br />day of <br />1963 , numbered Contract No. LG) <br />-C'Z-1ch1 togetTie—r�—�r�R--17-Zy—supjplem-ei-iTs thereto or amendments, MOTI"Ilcat ��:F`sor <br />waivers of any provisions thereof, is herein called the "Loan and Grant <br />Contract'% with the United States of America (herein called the "Government") <br />providing, in part, for a Project Temporary Loan by the Government to the <br />Local Public Agency under Title I of the Housing Act of 1949, as amended <br />(42 U.S.C. 1450 et seq.), in an amount outstanding at any one time not to <br />exceed S to aid the Local Public Agency in its <br />undertaljng and carrying out -07-a certain Urban renewal project (herein cilled, <br />the "Project") designated Project No. 7-1-,a. , which is more <br />fully identified in the Loan and Grant Contract; and <br />No. . WIMMAS, the Government has agreed, pursuant 'to Requisition Agreement <br />with the Local Public Agency dated as of the &n day of <br />19 65 (herein called the "Outstanding Requisition <br />.-9—reemenl,77,-To make a payment on account of said Project Temporary Loan on the <br />(lay of , 19, Pro ject which Pject Temporary Loan <br />_ <br />payment as been --pledged for the payment of the principal of and interest upon <br />the-Preliminary Loan Notes SIM, Seried.) of the Local Public Agency which <br />mature on the day of 5 'U <br />5, and are herein called <br />the "Outstandi-n-g-P-r-eTi-minary an Pre 19 <br />purchase <br />called "I <br />C�] <br />S- <br />issue 0 <br />of said <br />Agency <br />6, pursuant to advertisement for the receipt of proposals for the <br />the SeriesSof Preliminary Loan Notes (herein sometimes <br />Pre!—nMu Loan Notes") of the Local Public Agency aggregating <br />which appeared in a Notice of Sale published in the <br />th Band Tribune issues of the <br />in the City of <br />GCnd,. and in the ILTM <br />a Daily Dand Buyer in the City of New York,'- p-r-op`o-s-a-1s-f-0-r---the purchase <br />Preliminary Loan Notes in the-form approved by the Local Public <br />received, opened, and canvassed at the time and place mentioned in <br />- 1 - <br />
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