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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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iU�l IA y . <br />A. JOJ . <br />oa]x <br />A�IUJ <br />063X <br />None of the ifew Preliminary Loan Notes. shall be valid until after the bank or <br />trust comp3uny at which it is payable shall have signets the agreement, appearing <br />on each such note, to act as paying agent. thereof. Each of the New Preliminary <br />Loan Notes shall be signed ip tie name of the Local. Public Agency by the <br />. ` ti T71�, alX, =rnab:: = :t q �z biy and shall have the <br />corporate F t e!Ifzz impressed thereon and attested by the <br />thereof, and said officers are hereby authorized <br />an.cFd - sec o cause aaIU -notes to be properly executed. <br />Secti n 5. Each of the New Preliminary Loan Notes shall be issued in <br />substan i y the form oe the note hereto attached and marked "Exhibit A." <br />Secti n 6. The Pgreement entitled "Requisition Agreement No. t,, " <br />(herein sole es called the "New Requisition Agreement "), which has e— en <br />executed by the officers of the Local Public Agency, and has been presented to <br />and read before the meeting, and the execution thereof, are hereby fully <br />ratified, confirmed, and approved. Said New Requisition Agreement, when <br />executed by the Governnent, is hereby declared to be and is hereby assigned by <br />the Local Public Agency for the benefit of the holder or holders from time to <br />time of th New Preliminary Loan Notes, and the proceeds of the Project <br />Temporary oan Note executed pursuant to Section 7 hereof are hereby.irrevocably <br />pledged, first, to the payment, at maturity, of.the principal of and interest on <br />the New P liminary Loan Notes issued pursuant to this Resolution. <br />Section 7. The,� and r <br />are hereby authorized and directed to prepare and <br />execute the Project Temporary Loan Note, in the principal amount of <br />r :a 1,ii,X7. {.. """.J. }.` os<o,r.,rm.�r.I.cmaa. rnw w+aroa :taisam.nu, +rbomta: �wc :.o.srwaa:rr w.+ wacacsutt.eaa,wsr , ssao. r�u ,w.sew.Aras,.ac» <br />Do ass tip r r w�, described in the New Requisition Agreement, <br />,.. <br />the issuance of which has heretofore been authorized by a certain basic <br />Note Resolution providing for the issuance of certain Project Temporary <br />Loan Notes in connection with Project No. TrA. 2_r and providing . <br />for the security for the payment thereof, and for other purposes, duly adopted <br />by the Local Public Agency on the day of �; fi ,,–Ina �, 19 Cq . <br />Said note shall,be designated "Project Temporary Loan No-tell; shall be numbered <br />NO shall be dated the OX day of <br />shat ea interest frog the date o t�cceptance of the Local 7 ublic Agency's <br />delivery thereof and the payment therefor by the Goverrvnent; shall bear a <br />statement at the foot thereof in substantially- the following form: <br />ItDelivery of this note was accepted and payment therefor <br />made on the day of , 19— <br />UNITED STATES OF AMERICA <br />Secretary of Housing and Urban Development <br />By <br />n. <br />(Title <br />o: 1. r x <br />
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