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RES 85-049 RESOLUTION AUTHORIZING THE SALE AND ISSUANCE OF MULTIFAMILY HOUSING REVENUE BONDS (ST. ANTHONY NURSING HOME PROJECT), SERIES 1985, OF THE CITY, FOR THE PURPOSE OF FINANCING A MULTIFAMILY RENTAL HOUSING PROJECT, AND AUTHORIZING THE EXECUTION OF
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RES 85-049 RESOLUTION AUTHORIZING THE SALE AND ISSUANCE OF MULTIFAMILY HOUSING REVENUE BONDS (ST. ANTHONY NURSING HOME PROJECT), SERIES 1985, OF THE CITY, FOR THE PURPOSE OF FINANCING A MULTIFAMILY RENTAL HOUSING PROJECT, AND AUTHORIZING THE EXECUTION OF
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RES 1985
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RES 85-049 RESOLUTION AUTHORIZING THE SALE AND ISSUANCE OF MULTIFAMILY HOUSING REVENUE BONDS (ST. ANTHONY NURSING HOME PROJECT), SERIES 1985, OF THE CITY, FOR THE PURPOSE OF FINANCING A MULTIFAMILY RENTAL HOUSING PROJECT, AND AUTHORIZING THE EXECUTION OF
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• i <br /> • if any, or interest thereon, or to enforce payment thereof <br /> against any property of the City other than those rights and <br /> interests of the City under the Loan Agreement which have been <br /> pledged to the payment thereof, and the Bonds shall not <br /> constitute a charge, lienor encumbrance , legal or equitable, <br /> upon any property of the City other than those rights and <br /> interests of the City under the Loan Agreement which have been <br /> pledged to the payment thereof . The agreement of the City to <br /> perform the covenants and other provisions contained in this <br /> resolution or the Bonds , the Loan Agreement, the Indenture, the <br /> Deed or the Bond Purchase Agreement and the other documents <br /> listed in Section 1.03 shall be subject at all times to the <br /> availability of the revenues furnished by the Borrower <br /> sufficient to pay all costs of such performance or the <br /> enforcement thereof, and the City shall not be subject to any <br /> personal or pecuniary liability thereon. <br /> Adopted: November 26, 1985 . <br /> Mayor <br /> Attest: <br /> Clerk <br /> • <br /> -6- <br />
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