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necessary to be obtained by the Successor Agency in connection with the foregoing have
<br /> been received, and the consents or approvals so received are still in full force and effect.
<br /> (e) The information contained in the Preliminary Official Statement (excluding
<br /> therefrom for any information relating to the Municipal Bond Insurer, the Municipal
<br /> Bond Insurance Policy, the Reserve Fund Policy, DTC and its book-entry system
<br /> included therein and the information therein under the caption "UNDERWRITING") is
<br /> true and correct in all material respects, and the Preliminary Official Statement did not
<br /> as of its date contain any untrue or misleading statement of a material fact or omit to
<br /> state any material fact necessary to make the statements therein, in the light of the
<br /> circumstances under which they were made,not misleading.
<br /> (f) The information contained in the Official Statement (excluding therefrom for
<br /> any information relating to the Municipal Bond Insurer, the Municipal Bond Insurance
<br /> Policy, the Reserve Fund Policy, DTC and its book-entry system included therein and
<br /> the information therein under the caption "UNDERWRITING") is true and correct in all
<br /> material respects, and the Official Statement does not contain any untrue or misleading
<br /> statement of a material fact or omit to state any material fact necessary to make the
<br /> statements therein, in the light of the circumstances under which they were made, not
<br /> misleading.
<br /> (g) Neither the execution and delivery by the Successor Agency of the Indenture,
<br /> this Bond Purchase Agreement, the Irrevocable Refunding Instructions, the Disclosure
<br /> Certificate and of the Bonds nor the consummation of the transactions on the part of the
<br /> Successor Agency contemplated herein or therein or the compliance with the provisions
<br /> hereof or thereof will conflict with, or constitute on the part of the Successor Agency a
<br /> violation of, or a breach of or default under, (i) any statute, indenture, mortgage,note or
<br /> other agreement or instrument to which the Successor Agency is a party or by which it is
<br /> bound, (ii) any provision of the State Constitution, or (iii) any existing law, rule,
<br /> regulation, ordinance,judgment, order or decree to which the Successor Agency (or the
<br /> Board members of the Successor Agency or any of its officers in their respective
<br /> capacities as such) is subject.
<br /> (h) The Successor Agency has never been in default at any time, as to principal of
<br /> or interest on any obligation which it has issued except as otherwise specifically
<br /> disclosed in the Official Statement; and the Successor Agency has not entered into any
<br /> contract or arrangement of any kind which might give rise to any lien or encumbrance
<br /> on the Tax Revenues (senior to or on a parity with the pledge thereof under the
<br /> Indenture), except as is specifically disclosed in the Preliminary Official Statement and
<br /> the Official Statement.
<br /> (i) Except as will be specifically disclosed in the Official Statement, there is no
<br /> action, suit, proceeding, inquiry or investigation, at law or in equity, before or by any
<br /> court, public board or body, which has been served on the Successor Agency or, to the
<br /> best knowledge of the Successor Agency, threatened, which in any way questions the
<br /> powers of the Successor Agency referred to in paragraph (b) above, or the validity of
<br /> any proceeding taken by the Successor Agency in connection with the issuance of the
<br /> Bonds, or wherein an unfavorable decision, ruling or finding could materially adversely
<br /> affect the transactions contemplated by this Bond Purchase Agreement, the Irrevocable
<br /> Refunding Instructions, the Disclosure Certificate or the Indenture, or which, in any
<br /> way,could adversely affect the validity or enforceability of the Indenture,the Bonds,the
<br /> Irrevocable Refunding Instructions, the Disclosure Certificate or this Bond Purchase
<br /> Agreement or, to the knowledge of the Successor Agency, which in any way questions
<br /> the exclusion from gross income of the recipients thereof the interest on the Bonds for
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