Reso 2001-330 - Laserfiche WebLink

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(b) Using the Schedule of Prior and Parity Liens (page 8 ), provide debt service information on each prior and parity obligation. For the listed obligations, provide a copy of the ordinance(s), resolution(s), official statement(s), or pages thereof, setting forth the definitions, use of proceeds, debt service schedule, pledged revenues, rate covenants, provisions for issuing additional debt, provisions for bond insurance, and debt rating (Attachment #-BAJ. (5) ACTUAL AND PROJECTED REVENUES. (a) Complete the Schedule of Actual Revenues and Debt Coverage for Water and Sewer System Pledged Revenues (page 9) for the past two fiscal years. (b) Complete the Schedule of Projected Revenues and Debt Coverage for Water and Sewer System Pledged Revenue (page 10), demonstrating the availability of pledged revenues for loan repayment. (6) LEGAL OPINION ON THE A V AILABILITY OF PLEDGED REVENUES. All sources must be supported by a written legal opinion (A//achment # -2..J addressing the: (a) Availability of the revenues to repay the loan; (b) Right to increase rates at which revenues shall be collected to repay the loan; and (c) Subordination of the pledge if pledged revenues are subject to a prior or parity lien. (7) INSTRUCTION TO LIST A IT ACHMENTS. Please complete the List of Attachments (page II). (8) LOAN SERVICE FEE. A loan service fee is assessed on each loan. The fee is not part of the loan. It may be paid at the time of loan agreement execution or it may be paid along with capitalized interest thereon no later than by the time that the second semiannual loan repayment is due. Please check with Bureau of Water Facilities Funding personnel to establish the current year's loan service fee percentage and to obtain more information on how the fee may be paid. The loan service fee amount is $ 402.00 Will the loan service fee be paid directly to the Department upon loan execution? No. Yes. -1L PART III - APPLICANT ASSURANCES AND CERTIFICATION (1) RESOLUTION. Provide a certified resolution (Attachment #l.J of the Applicant's governing body that: (a) Authorizes this application; (b) Establishes the pledged revenues; and (c) Designates the Authorized Representative(s) to file the application, provide assurances, execute the loan agreement, and represent the Applicant in carrying out responsibilities (including that of requesting loan disbursements) under the loan agreement. (2) ASSURANCES AND CERTIFICATION. The Applicant agrees to comply with the laws, rule, regulations, policies and conditions relating to the loan for this project. Items (0) through (u) are revolving loan program requirements only for equivalency projects as defined in Rule 62-503.200(8) of the Florida Administrative Code. Item (v) is a revolving loan program requirement for high-cost projects regardless of the Applicant's size. Applicants should seek further information from the Bureau of Water Facilities Funding staff as to the applicability of the requirement if the necessary assurance is of concern. SpecificalIy, the Applicant certifies that it has complied, as appropriate, and wiII comply with the following requirements in undertaking the Project: DEP Fonn 62-503.900(2) Page 5 of II Effective Date: 07-01-99