Laserfiche WebLink
k. Assignment of Mortgage (the "Series 1998 C Assignment" and <br />together with the Series 1998 B Assignment, collectively referred to as the <br />"Assignments") dated as of August 1, 1998, from the City to the Trustee, by which <br />the City assigns to the Trustee its interest in the rights granted by Borrower 1998 C <br />tO the Mortgagee under the Series 1998 C Mortgage, and all with respect to the <br />property mortgaged under the Series 1998 C Mortgage; and <br /> <br /> 1. Continuing Disclosure Agreement (the "Disclosure Agreement") <br />dated as of August 1, 1998, between the Borrower and the Trustee, providing that <br />the Borrowers make certain ongoing disclosures with respect to the Bonds, as more <br />fully set forth therein (this document not to be executed by the City); and <br /> <br /> m. Bond Purchase Agreement (the "Bond Purchase Agreement"), by and <br />between Piper Jaffray, Inc., U.S. Bancorp Investments, Inc. and Miller, Johnson & <br />Kuehn Incorporated (the "Original Purchasers"), the Borrowers, and the City, <br />providing for the purchase of the Bonds from the City by the Original Purchasers <br />and setting the terms and conditions of purchase; and <br /> <br /> n. Preliminary Official Statement, the form of the Preliminary Official <br />Statement, together with the insertion of such underwriting details as the interest <br />rates to be borne by the Bonds and related matters, intended to constitute the form <br />of the final Official Statement, describing the offerihg of the Bonds, and certain <br />terms and provisions of the foregoing documents (this document not to be executed <br />by the City). <br /> <br />6. Findings. It is hereby found, determined and declared that: <br /> <br /> a. There is no litigation pending or, to the actual knowledge of the City, <br />threatened against the City relating to any of the Projects or to the Bonds, the Joint <br />Powers Agreement, the Loan Agreements, the Consolidated Indenture, the Mortgages, <br />the Assignments or the Bond Purchase Agreement or questioning the organization, <br />powers or authority of the City to issue the Bonds or execute such agreements. <br /> <br /> b. The execution, delivery and performance of the City's obligations under <br />the Bonds, the Joint Powers Agreement, the Consolidated Indenture, the Loan <br />Agreements, the Assignments and the Bond Purchase Agreement do not and will not <br />violate any order of any court or any agency of government of which the City is aware <br />or in any proceeding to which the City is a party, or any indenture, agreement or other <br />instrument to which the City is a party or by which it or any of its property is bound, or <br />be in conflict with, result in a breach of, or constitute (with due notice or lapse of time <br />or both) a default under any such indenture, agreement or other instrument. <br /> <br /> c. The Bonds are to be issued by the City upon the terms set forth in the <br />Consolidated Indenture, under the provisions of which the City's interests in the Loan <br /> <br /> <br />