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Ordinance 2003-1426
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Ordinance 2003-1426
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Last modified
3/12/2021 10:55:05 AM
Creation date
6/17/2005 9:28:05 AM
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Template:
City Council Records
Doc Type
Ordinance
Signed Date
9/16/2003
Ord/Res - Year
2003
Ord/Res - Number
1426
Original Hardcopy Storage
7E4
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ORD 2003-1426
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STATEMENT OF INSURANCE <br /> <br />Financial Guaranty Insurance Policy Number __ (the "Policy") with respect to payments due <br />for principal of and interest on this Bond as been issued by Ambac Assurance Corporation <br />("Ambac Assurance"). The Policy has been delivered to The Bank of New York, New York, <br />New York, as the Insurance Trustee under said Policy and will be held by such Insurance Trustee <br />or any successor insurance trustee. Te Policy is on file and available for inspection at the <br />principal office of the Insurance Trustee and a copy thereof may be secured from Ambac <br />Assurance or the Insurance Trustee. All payments required to be made under the Policy shall be <br />made in accordance with the provisions thereof. The owner of this Bond acknowledges and <br />consents to the subrogation rights of Ambac Assurance as more fully set forth in the Policy. <br /> <br />18 <br /> <br /> <br />
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