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Ordinance 2002-162
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Ordinance 2002-162
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Last modified
8/19/2013 4:13:28 PM
Creation date
1/25/2006 4:41:03 PM
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CityClerk-Ordinances
Ordinance Number
2002-162
Date (mm/dd/yyyy)
10/10/2002
Description
Negotiate $18.5 Million Loan from Fla. Municipal Loan Counci
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<br />EXHffiIT E TO LOAN AGREEMENT <br /> <br />FORM OF REQUISITION CERTIFICATE <br /> <br />, AS TRUSTEE <br /> <br />TO: <br /> <br />FROM: <br /> <br />(THE "BORROWER") <br /> <br />SUBJECT: LOAN AGREEMENT DATED AS OF THE <br />,2002 <br /> <br />DAY OF <br /> <br />This represents Requisition Certificate No. _ in the total amount of $ <br />payment of those Costs of the Project detailed in the schedule attached. <br /> <br />for <br /> <br />The undersigned does certify that: <br /> <br />1. All of the expenditures for which monies are requested hereby represent proper Costs <br />ofthe Project, have not been included in a previous Requisition Certificate and have been properly <br />recorded on the Borrower's books as currently due and owing. <br /> <br />2. The monies requested thereby are not greater than those necessary to meet obligations <br />due and payable or to reimburse the Borrower for funds actually advanced for Costs ofthe Project. <br />The monies requested do not include retention or other monies not yet due or earned under <br />construction contracts. <br /> <br />3. This requisition is in compliance with Section 5.03 of the Indenture. <br /> <br />4. After payment of monies hereby requested, to the knowledge of the undersigned, there <br />will remain available to the Borrower sufficient funds to complete the Project substantially in <br />accordance with the plans. <br /> <br />5. The Borrower is not in default under the Loan Agreement and nothing has occurred <br />that would prevent the performance of its obligations under the Loan Agreement. <br /> <br />Executed this _ day of <br /> <br />[BORROWER] <br /> <br />By: <br />Name: <br />Title: <br /> <br />J: \BONDS \2002\4118.04 \FormdocI \FormLA-1. wpd <br />Sept....ber 16, 2002 <br /> <br />E-1 <br />
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