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Reso 2010-1538-1
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Reso 2010-1538-1
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Last modified
6/3/2015 11:22:14 AM
Creation date
11/5/2010 1:53:50 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2010-1538
Date (mm/dd/yyyy)
03/18/2010
Description
Issue $15 Million Cap. Improv. Rev Bonds/Loan Agmt w/SunTrust Bank.
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<br />I. <br /> <br />~ <br /> <br />. <br /> <br />The City Commission of the <br />City of Sunny Isles Beach, Florida <br />SunTrust Bank <br />March 24, 2010 <br />Page 3 <br /> <br />. <br /> <br />This opinion is qualified to the extent that the rights of the holders of the Bonds and the <br />enforceability of the Bonds, the Loan Agreement and the Bond Ordinance may be limited by <br />bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors' <br />rights generally, now or hereafter in effect, and by the exercise of judicial discretion in <br />appropriate cases in accordance with equitable principles. <br /> <br />. <br /> <br />Respectfully submitted, <br /> <br />ADORNO & YOSS LLP <br /> <br />4~ & 1~LL&fJ <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />3 <br /> <br />. <br /> <br />1M 1886561_2} <br />
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