My WebLink
|
Help
|
About
|
Sign Out
Home
Search
Resolution 24-125
LinoLakes
>
City Council
>
City Council Resolutions
>
2024
>
Resolution 24-125
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/16/2024 3:39:07 PM
Creation date
10/16/2024 3:37:01 PM
Metadata
Fields
Template:
City Council
Council Document Type
Resolutions
Meeting Date
09/23/2024
Resolution #
24-125
Resolution Title
Resolutino Accepting the Offer of the Minnesota Public Facilities Authority to Purchase a General Obligation Water Revenue Note, Series 2024, in teh Original Aggregate Principal Amount of $15,966,190; Providing for its issuance; and Authroizgin the E
Resolution Summary
MN Public Facilites Authority - GO Water Revenue Note, Series 2024
Resolution Date Passed
09/23/2024
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
26
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(b) The sale must be made as authorized by law. <br />(c) The sale must be for fair market value as defined in Minnesota Statutes, Section 16A.695 as then in <br />effect. <br />(d) The Recipient obtains the prior written consent of the Commissioner of Minnesota Management and <br />Budget. <br />Section 4.4 Changes to Minnesota Statute 16A.695 or the Order. In the e0ent that Minnesota Statutes <br />Section 16A.695 or the order is amended in a manner that reduces any tequrement imposed upon the <br />Recipient, or if the Recipient's interest in the State Bond Financed, papety is exempt from Minnesota <br />Statutes, Section 16A.695 or the Order, then upon written request,y tote Recipient, the Authority will <br />enter into and execute an amendment to this Agreement to hAj iient that"t»endment to, or exempt <br />the interest in the Project from, Minnesota Statutes, SectioP"�§A.695 and the Order. <br />Section 4.5 Waiver. The Authority may waive tl e',;t'equirements of Article 44t any time upon <br />determination by the Authority, and after notifying`t�ie Coinmissionef-.of Minnesota Management and <br />Budget, that the Project has not been and will not "be funded fr6iAhe proceeds of mate general <br />obligation bonds. <br />Section 5.1 Information for Disclosure Ddoret <br />such information with respect to the Recipient, jt <br />requested by the Authority, and hereby consni <br />used in connection sale or thii <br />respect to its Bonds (6)lactively, tits>"Disclosui <br />proceeds of Bonds �r will be I' ed to the <br />— DISCLOSU <br />s .(a)?The Recipient 6grees to provide to the Authority <br />duties, gperat1ons and f(iifictions as may be reasonably <br />to its inclu§ion an -fie Authority's official statements) <br />e7rriarlteting of it"sBonds or continuing disclosure with <br />006ments"), whether or not all or a portion of the <br />(b) At the request of the'Athoa#y, th"'Re , cipiprit willertify and represent that the information with <br />respect tothRecipaent in any T�)selosure Doctiinent.doesnot contain any untrue statement of a material <br />fact o to stele a mtertal fait necessary to make the statements made, in light of the circumstances <br />u rider*,' hich they wire lade, not misleading; provided, however, that in no event will the Authority <br />reuIre the Recipient to mike any fepresentation about any other information in the Disclosure <br />DocUrnens or as to any Disclosure Document in its entirety. If for any reason the Recipient determines <br />that it is not,�able to make ha) certification and representation, it will provide to the Authority the <br />informat oq fir, inclusion t i to Disclosure Documents necessary for the Recipient to make the <br />certification anif-ieuresenta,jor . <br />(c) If at any time dut�ng lte' period ending 90 days after the date the Recipient provides information to <br />Authority for inclusionina Disclosure Document any event occurs that the Recipient believes would <br />cause the information with respect to the Recipient in the Disclosure Document to omit a material fact <br />or make the statements therein misleading, the Recipient agrees to promptly notify the Authority in <br />writing of that event and provide information for inclusion in the Disclosure Document or an amendment <br />thereof or a supplement thereto. At the request of the Authority, the Recipient will also provide the <br />certification and representation required in (b) above with respect to that information. <br />Lino Lakes_DWRF_01 Page 8 of 12 <br />A-9 <br />
The URL can be used to link to this page
Your browser does not support the video tag.