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Resolution 1978-06
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Resolution 1978-06
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Last modified
3/12/2021 12:32:50 PM
Creation date
8/14/2007 3:31:57 PM
Metadata
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Template:
City Council Records
Doc Type
Resolution
Signed Date
2/9/1978
Ord/Res - Year
1978
Ord/Res - Number
06
Original Hardcopy Storage
7E5
Supplemental fields
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RES 1978-06
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<br />9. To comply with all dPplicable State and Federal laws and regulations and to continually 0.. .ld maintain the <br />facility in good condition. <br /> <br />10. To provide for the receipt of adequate revenues to meet the requirements of debt service, operation and maintenance, <br />and the establishment of adequate reserves. No free service or use of the facility will be permitted. <br /> <br />11. To acquire and maintain such insurance coverage including fidelity bonds as may be required by the Government. <br />12. To establish and maintain such books and records relating to the operation of the facility and its financial affairs <br />and to provide for required audit thereof in such a manner as may be required by the Government, to provide the <br />Government without its request, a copy of each such audit, and to make and forward to the Government such <br />additional information and reports as it may from time to time require. <br /> <br />13. To provide the Government at all reasonable times access to all books and records relating to the facility and <br />access to the property of the system so that the Government may ascertain that the association is complying with <br />the provisions hereof and of the instruments incident to the making or insuring of the loan. <br /> <br />14. To serve any applicant within the service area who desires service and can be feasibly and legally served, and to <br />obtain the concurrence of the Farmers Home Administration prior to refusing service to such applicant. Upon the <br />failure to provide such service which is feasible and legal such applicant shall have a direct right of action against <br />the association under this agreement. <br />The provisions hereof and the provisions of all instruments incident to the making or the insuring of the loan, unless otherwise <br />specifically provided by the terms of such instruments, shall be binding upon the association as long as the bonds are held <br />or insured by the Government. The provisions of sections 6 through 13 hereof may be provided for in more specific detail <br />in the bond resolution or ordinance; to the extent that the prOvisions contained in such bond resolution or ordinance should <br />be found to be inconsistent with the provisions hereof, these provisions shall be construed as controlling as between the <br />association and the Government. <br /> <br />The vote was: Yeas -----------; Nays -------; Absent ______ . <br />IN WITNESS WHEREOF the ----------------..m----~~-tt.y___~_Q},!!lgJ1___________~___m___-------__________________________________ of the <br />, <br /> <br />------------~-~t.Y----Q-~___J;._Q..lAi1?_y_ilJ_~_.L__j::;Ql.QJ;:.g.d~__---_ has duly adopted this Resolution and caused <br /> <br />it to be executed by the officers below in duplicat,e on this ----l--Q1!tIay of -------K~Q~_!J_?:.:Iy.___m___________ , 19 _.7.JL . <br /> <br />~tZc;f~~LL-------- <br /> <br />t/ <br />By -----------------------___________________________________________ <br /> <br />(SEAL) <br /> <br />~~~_YJ~~___ <br /> <br />. MAYOR . <br />T 1t Ie -------------- --------- --------_____________________________________________ <br /> <br />- CITY CLERK <br />T1tle ------------------------------_________________________ <br /> <br />CERTIFICATION <br /> <br />I, the under:;igned, as __f!.i:L~l~_~Js__________..____ of the --.~-~-t.Y-g-~___~S?_~_~_~_~.t_!.!~_!m.g_~_~9_~_~_~~________________ <br />hereby certify that the -------------~i--!_X___~~~_~_S:_~}_______________m______________m_nm________ of such Association is composed of <br /> <br />______f2.___m__ members, of whom ___E.____________ , constituting a quorum, were present at a meeting thereof duly called and <br /> <br />I <br />9 th Februarv 19 78. 1 I. f " I' d d <br />held on the _____m___m____ day of ________________.m_.Lm________mm________ , ___om , t 1at t Ie on.:gomg reso utlOn was a opte at <br />such meeting by the vote shown above; and that said n~soll1tion has not been rescinded or amended in any way. <br /> <br />Dated, thi, _____lR_tb__________ d,y of ---f-'".Q--'-!J?;S.:i-------:tl,----------- , /9 JL_ l <br /> <br />. _____~_i.!_~._L2__/Lta1L________________.___._______.________ <br /> <br />. <br /> <br />~u.s. G.P.O. 1975-665-664/1722 REG.~6 <br /> <br />Ti tie _n._----- -----------c.i.t.Y-. __C l.e.rk ______ _____ n_______n _ __ _______________ <br /> <br />( <br /> <br />-- <br /> <br />I <br />i <br /> <br />i <br />$' <br />l <br /> <br /> <br />I <br />
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