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Resolution 2020-61
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Resolution 2020-61
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Last modified
5/7/2024 3:12:03 PM
Creation date
9/22/2020 10:31:28 AM
Metadata
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Template:
City Council Records
Also Known As (aka)
Bond Allocation Assigned to Boulder Co Housing Authority
Doc Type
Resolution
Signed Date
8/18/2020
Ord/Res - Year
2020
Ord/Res - Number
61
Original Hardcopy Storage
9C5
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DocuSign Envelope ID: 3FE03AFE-73ED-4F37-864F-6A20803EE4C6 <br />(a) accepts the assignment of $1,124,637 of the Assignor's Allocation from <br />the State Ceiling described above; <br />(b) agrees to use its best efforts to issue and use the Proposed Bonds for the <br />purpose of financing the Project; and <br />(c) agrees to abide by each of the terms and conditions of this Assignment in <br />connection with the use of such Allocation. <br />4. The Assignor hereby consents to the election by the Assignee, if the Assignee in <br />its discretion so decides, to treat all or any portion of the assignment set forth herein as an <br />allocation for any project with a carryforward purpose. <br />5. This Assignment shall not constitute the debt or indebtedness or financial <br />obligation of the Assignor within the meaning of the constitution or statutes of the State of <br />Colorado, nor give rise to a pecuniary liability or charge against the general credit or taxing <br />power of the Assignor. <br />[The remainder of this page is intentionally left blank] <br />4812-5091-2663.2 2 <br />
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