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<br />. <br /> <br />SIGNATURE AND NO LITIGATION CERTIFICATE <br /> <br />. <br /> <br />We, the undersigned, DO HEREBY CERTIFY as follows: <br /> <br />1. We did heretofore cause to be officially documented the $15,000,000 Capital <br />Improvement Revenue Bonds, Series 2010 of the City of Sunny Isles Beach, Florida (the "City") <br />dated March 24,2010 (the "Bonds"). <br /> <br />. <br /> <br />2. Norman S. Edelcup, Mayor of the City, has executed the Bonds by his manual <br />signature, and the Mayor was on the date his signature was placed on the Bonds and is now the <br />duly appointed, qualified and acting Mayor of the City. <br /> <br />. <br />I <br />I <br />I <br />I <br />,(I <br />I <br />I <br />I <br /> <br />3. We have caused the official seal of the City to be imprinted on the Bonds, and <br />Jane A. Hines, City Clerk of the City, caused such seal to be attested by her signature, and said <br />Jane A. Hines was on the date her signature was placed on the Bonds and is now the duly <br />appointed, qualified and acting City Clerk of the City. <br /> <br />4. The seal which has been impressed on the Bonds and upon this certificate is the <br />legally adopted, proper and only seal of the City. <br /> <br />. <br /> <br />5. The City Commission, by Ordinance No. 2010-343 adopted on March 18, 2010 <br />and Resolution No. 2010-1538 adopted on March 18, 201 0 (collectively, the "Bond Ordinance"), <br />has authorized the issuance of the Bonds and the execution and delivery of the Loan Agreement, <br />dated as of March 24, 2010 (the "Loan Agreement") between the City and SunTrust Bank, and <br />said Bond Ordinance has not been modified or amended since the date of such adoption. <br /> <br />. <br /> <br />6. The City has complied with all of the agreements and satisfied all conditions on <br />its part to be performed or satisfied at or prior to delivery of the Bonds and the Loan Agreement. <br /> <br />7. No approval, authorization, consent or other order of any public board or body <br />which has not heretofore been obtained is required for the issuance and delivery of the Bonds or <br />the execution and delivery of the Loan Agreement. <br /> <br />. <br /> <br />8. No litigation or other proceedings to which the City is a party are pending, or, to <br />our knowledge, threatened, in any court or other tribunal of competent jurisdiction, state or <br />federal, in any way (a) restraining or enjoining the issuance, sale or delivery of the Bonds or the <br />execution and delivery of the Loan Agreement, (b) questioning or affecting the validity of the <br />Bond Ordinance, the Bonds or the Loan Agreement or the covenant of the City to budget and <br />appropriate from legally available Non-Ad Valorem Revenues of the City amounts sufficient to <br />pay the principal of and interest on the Bonds, as provided under the aforesaid documents, (c) <br />questioning or affecting the validity of any proceedings for the authorization, sale, execution, <br />issuance or delivery of the Bonds or the execution and delivery of the Loan Agreement, (d) <br />questioning or affecting the organization or existence of the City or the title to office of the <br />officers thereof, (e) questioning or affecting the power and authority of the City to issue the <br />Bonds or to execute and deliver the Loan Agreement, or (f) materially adversely affecting the <br /> <br />. <br />I <br /> <br />I <br />I <br />. <br />I <br /> <br />{M 1886561_2} <br /> <br />. <br />