Laserfiche WebLink
• year ending on February 1 plus Three Thousand Dollars ($3,000), payable in equal <br />semiannual installments. Such amount of reduced annual rental shall be endorsed on <br />this Lease at the end hereof by the parties hereto as soon as the same can be done <br />after the sale of the Additional Bonds, and such endorsement shall be recorded as an <br />addendum to this Lease. <br />In the case of the Additional/Combined Project, the Lessee will not take any <br />action or fail to take any action that would result in the loss of the exclusion from <br />gross income for federal tax purposes of interest on the Additional Bonds pursuant <br />to Section 103(a) of the Internal Revenue Code of 1986, as amended (the "Code"), <br />as in effect on the date of delivery of the Additional Bonds, nor will the Lessee act <br />in any manner which would adversely affect such exclusion. The Lessee further <br />covenants that it will not make any investment or do any other act or thing during the <br />period that any Additional Bond is outstanding hereunder which would cause any <br />Additional Bond to bean "arbitrage bond" within the meaning of Section 148 of the <br />Code and the regulations thereunder as in effect on the date of delivery of the <br />Additional Bonds. All officers, members, employees and agents of the Lessee are <br />authorized and directed to provide certifications of facts and estimates that are <br />material to the reasonable expectations of the Lessee as of the date the Additional <br />Bonds are issued and to enter into covenants on behalf of the Lessee evidencing the <br />Lessee's commitments made herein. <br />• 3. Exhibit D(2) of the Amended. and Restated Lease is amended to read as <br />follows: <br />EXHIBIT D(21 <br />LEASE PAYMENT SCHEDULE <br />FOR ADDITIONAL/COMBINED PROJECT <br /> Total Amount of Lease Amount of Lease <br /> Lease Payment Payment Allocable Payment Allocable <br />Payment AdditionaVCombined to Additional to Combined <br />Date Project Project ,80%1 Project (,20%1 <br />1/28/00 693,500 554,800 138,700 <br />7/28/00 693,500 554,800 138,700 <br />1/28/01 693,500 554,800 138,700 <br />7/28/01 693,500 554,800 138,700 <br />1/28/02 693,500 554,800 138,700 <br />7/28/02 693,500 554,800 138,700 <br />1/28/03 693,500 554,800 138,700 <br />• 7/28/03 693,500 554,800 138,700 <br />::ODMA\PCDOCS\SBDOCS 1\5561\2 <br />-3- <br />