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Resolution 2021-49
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Resolution 2021-49
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Last modified
5/7/2024 3:12:27 PM
Creation date
8/2/2021 9:59:51 AM
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City Council Records
Also Known As (aka)
Boulder County Housing Authority - Assigned Bond Allocation
Meeting Date
7/27/2021
Doc Type
Resolution
Ord/Res - Year
2021
Ord/Res - Number
49
Original Hardcopy Storage
9C5
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(a) accepts the assignment of $1,153,015 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 />4843-0521-4958.2 2 <br />
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