Ordinance 1982-770 - Laserfiche WebLink

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, WHEREAS, the followin9 documents have been submitted to the City (the "Council") and filed in the office of the City Clerk (the Clerk") and are there available for public inspection: (a) a Agreement, to be dated as of the date of delivery of the nd (the "Loan Agreement"), proposed to be made and entered into b tween the City and the Borrowers; (b) Assignment and Security Agreement, to be dated as of the date 0 delivery of the Bond (the "Assignment"), pro- posed to be made nd entered into between the City and the First National Bank of L uisville (the "Lender"); (c) a eed of Trust, Assignment of Rents and Security Agreement, to be dated as of the date of delivery of the Bond (the "Deed of Trust") proposed to be made and entered into by and among the Borrowe s, the Public Trustee of the County of Boulder, State of Colorado, and the Lender; and (d) a Bond Purchase Agreement, to be dated as of the date of delivery of the Bond (the "Bond Purchase Agreement"), proposed to be ma e and en tered in t 0 among the City, the Borrow- ers, and the Lend r; and WHEREAS , qualified Bond Counsel, Lamm Edstrom Braymer & Wisor, P.C., have represented the City for purposes of this issue, have prep red all documents and have provided the City with an opinion u on which all representations, certifications and warranties attri uted to or m.ade by the City with regards to this issue are ba ed; and the Council desires to authorize the issuance of a City of Lou'sville, Colorado, Industrial Development Revenue Bond (Stairs Inco porated, project) , Series 1982, to be dated as of the date of elivery thereof, in the principal amount of $400,000 d" or "Series 1982 Bond"); and it is neces:sary to authorize the issuance of the Ordinance and to approve the form of said documents and au horize the eXE~cution thereof in connection with the issuance of t e Bond: - 3 - . --