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21-EDA-351
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21-EDA-351
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Last modified
1/29/2025 9:52:41 AM
Creation date
11/24/2021 2:08:43 PM
Metadata
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Template:
MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Resolutions
MEETINGDATE
11/22/2021
Commission Doc Number (Ord & Res)
21-EDA-351
Supplemental fields
Date
11/22/2021
EDA Document Type
Resolutions
Ordinace/Resolution Number
351
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21-EDA-351 <br />Page 4 <br />Available Tax Increment remaining in the Bond Fund shall be transferred to the Authority's <br />account for the TIF District upon the payment of all principal to be paid with respect to the <br />TIF Note. <br />4. Miscellaneous. <br />4.01. The officers of the Authority are hereby authorized and directed to prepare and furnish to <br />the Developer certified copies of all proceedings and records of the Authority, and such <br />other affidavits, certificates, and information as may be required to show the facts relating <br />to the legality and marketability of the TIF Note as the same appear from the books and <br />records under their custody and control or as otherwise known to them, and all such <br />certified copies, certificates, and affidavits, including any heretofore furnished, shall be <br />deemed representations of the Authority as to the facts recited therein. <br />4.02. The President and Executive Director are authorized and directed to execute and deliver <br />the Agreement and any additional agreements, certificates or other documents that the <br />Authority determines are necessary to implement this Resolution. <br />4.03. The Authority directs Authority and City staff to take any appropriate action and to prepare <br />any appropriate documents to facilitate the directives of the Authority as set forth in this <br />Resolution and in performing its obligations under the Agreement as a whole. <br />4.04. The President, Executive Director, Authority and City staff, Authority and City attorney, <br />and Authority and City consultants are hereby authorized and directed to take any and all <br />additional steps and actions necessary or convenient in order to accomplish the intent of <br />this Resolution. <br />4.05. This resolution shall be effective upon full execution of the Agreement. <br />Adopted on the 22" d November, 2021. <br />444t/-10�� <br />Carol A. Mueller, P esident <br />Attest: <br />A Al, 7 4 / <br />Nyle und, ecutive Director <br />(SEAL) <br />DOCSn�PEN\-NlLJ2.OS\5a\753647.v3-11/19/21 <br />
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