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Resolution 1125
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Resolution 1125
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Last modified
10/30/2019 12:07:49 PM
Creation date
10/29/2019 4:33:01 PM
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MV City Council
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Resolutions
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V, :-1 �J! , '! " '' 1 1 , <br />Materisked itoms apPIY Partil,'uldl:ly ir vo-ior than muphiatiCfited <br />buyer, non-rocourse In j-tj-jcjajP rovenue note- or ho d financing io <br />to bt. ilfiod. 11 <br />t <br />J'�; ,-I W!r. t o 01 <br />f odu I a I w,,tj) 411v is-Inw tJ <br />ljondn or 1c,011P I-,- tli�_- City 1�1.iy <br />require a ewre-L'j blPfid tc, annurC UJI0 ,OJ - <br />harmless" p)OVICILIn. <br />-all bo paid mit It -91; <br />than Monthly into n r4j-W-ViAl City jjce�o.Int with <br />tilt! tru@tpt-" anm tlir- truntea dhail bu r4uquirod <br />to invest cumulated rent until ne-QaOd to PRY <br />prir.cipal and tntoreat on the bondm or loan. <br />-1 CevdP <br />U %W .� an - <br />in adiiti.on, thO LOn PyQ <br />FIT <br />reserves or capitali4ad intares, for the pro - <br />ject nhall he investou. mvuscment se.Lnin#48 <br />ACCy-le to thu DcIWL�L Of thu �;ILY d"u <br />Lmxcem; pot nao-ded tor debt service shall <br />be paid over to the CitY not loss than annu <br />ally, ania such amounts may be ubed for any <br />im-wrul r-Aty purpcnc. <br />Materisked itoms apPIY Partil,'uldl:ly ir vo-ior than muphiatiCfited <br />buyer, non-rocourse In j-tj-jcjajP rovenue note- or ho d financing io <br />to bt. ilfiod. 11 <br />
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