Laserfiche WebLink
1. The statements contained in this Resolution with respect to the <br />reimbursement of the expenditure described in this Resolution are intended to be the <br />statements of official intent as required by, and in conformance with, the provisions of <br />Treasury Regulations Section 1.150-2(e). <br />2. The expenditures to be reimbursed pursuant to this resolution have been <br />incurred within 60 days prior to the date hereof or will be incurred after the date hereof in <br />connection with the acquisition and construction by the Borrower of the Project. <br />3. The anticipated maximum principal amount of tax-exempt debt expected <br />to be issued for the Project is $40,000,000. The Borrower reasonably expects to <br />reimburse the expenditures set forth in this resolution with the proceeds of tax-exempt <br />debt to be issued by the Issuer subsequent to the date hereof, but this Resolution does not <br />constitute a binding obligation to issue such debt. <br />4. This resolution shall take effect from and after the date of approval and <br />adoption thereof. <br />Introduced by Agency Member <br />and adopted this 6th day of April, 2009, by the following called vote: <br />Members of the Agency: <br />AYES: <br />NOES: <br />ABSENT: <br />ATTEST: <br />and passed <br />Marian Handa, Agency Secretary <br />