My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Issue its Economic Development Revenue Bonds (Crowe, Chizek & Co) $4,200,000.00
sbend
>
Public
>
Common Council
>
Legislation
>
Ordinances
>
1984
>
Issue its Economic Development Revenue Bonds (Crowe, Chizek & Co) $4,200,000.00
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/3/2013 2:02:11 PM
Creation date
4/3/2013 11:59:13 AM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
9/24/1984
Ord-Res Number
7384-84
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
7
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
of said loan by the Company pursuant to said First Amendment to <br />Loan Agreement, and First Amendment to Mortage and (v) the se- <br />curing of said Economic Development Revenue Bonds by said First <br />Amendment to Loan Agreement, First Amendment to Mortgage, and <br />First Supplemental Indenture. <br />Section 5. The City shall issue its Economic Develop- <br />ment Revenue Bonds,,Series 1984 (Crowe, Chizek and Company Pro- <br />ject) , in the aggregate principal amount of Four Million Two <br />Hundred Thousand Dollars ($4,200,000.00) for the purpose of <br />procuring funds to loan to the Company in order to finance the <br />acquisition of such facilities, as more particularly set out in <br />said First Amendment to Loan Agreement and Bond Purchase Agree- <br />ment, which Economic Development Revenue Bonds shall be payable <br />as to principal and interest solely from the payments made by <br />the Company in the principal amount of Four Million Two Hundred <br />Thousand Dollars ($4,200,000.00) which will be executed and <br />delivered by the Company to evidence said loan, from other <br />sources under said First Amendment to Loan Agreement, First <br />Amendment to Mortgage, and Bond Purchase Agreement, and as <br />otherwise provided in said First Supplemental Indenture. Said <br />Economic Development Revenue Bonds shall never constitute gene- <br />ral obligations of, indebtednesses of, or charges against the <br />general credit of the City. Said Economic Development Revenue <br />Bonds shall be executed by the manual or facsimile signatures <br />of the Mayor and the Clerk of the City; shall be executed and <br />delivered on or about September 26, 1984; shall be dated as of <br />the date of closing; shall have a final maturity date of <br />June 1, 2000 with principal payable quarterly, beginning on <br />December 1, 1986, in the interim; shall bear interest at a <br />variable rate of approximately sixty -eight percent (68 %) of the <br />
The URL can be used to link to this page
Your browser does not support the video tag.