Reso 2010-1538-1 - Laserfiche WebLink

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. . 7. The Purchaser understands that no offering statement, prospectus, offering circular or other comprehensive offering statement containing material information with respect to the City and the Bonds is being issued in connection with the Bonds and that it has made its own inquiry and analysis with respect to the Bonds and the security therefor, and other material factors affecting the security for and payment of the Bonds. . 8. The Purchaser acknowledges and represents that it has not sought from Bond Counselor received from Bond Counselor looked or relied upon Bond Counsel for any information with respect to the City or its financial condition, other than reliance upon the Bond Counsel opinion. . 9. The Purchaser is a bank as defined in Section 3(a)(2) of the Securities Act of 1933, as amended. I . 10. The Purchaser hereby certifies that it is purchasing the Bonds for its own account for the purpose of investment and not for resale at a profit, and it has no present intention of reselling or otherwise redistributing the Bonds. The Purchaser will not sell the Bonds except to another institutional or accredited investor who will execute a Certificate of Purchaser in form and substance identical to this Certificate which certifies that it is purchasing the Bonds for its own account and not for resale, and will not sell, convey, pledge or otherwise transfer the Bonds without prior compliance with applicable registration and disclosure requirements of state and federal securities laws. . I 11. Execution of this Certificate is not a waiver of any cause of action that the Purchaser may at any time have against the City as a result of fraud by the City in connection with the purchase of the Bonds by the Purchaser. I . I I I Dated the 24th day of March, 2010. SUNTRUST BANK fl By: . I 1$ 2 {MI886561_2l . I