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Res13 15263
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Res13 15263
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Last modified
10/11/2019 7:49:21 AM
Creation date
10/11/2019 7:49:02 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Public Finance Authority
Date
5/20/2013
Description
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY AUTHORIZING PROCEEDINGS AND AGREEMENTS RELATING TO THE REFINANCING AND FINANCING OF CERTAIN WATER FACILITIES, APPROVING ISSUANCE AND SALE OF BONDS BY THE CITY OF REDWOOD CITY PUBLIC FINANCING AUTHORITY, APPROVING AN OFFICIAL STATEMENT AND AUTHORIZING OFFICIAL ACTIONS
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Section 8.10. Notices. <br /> All written notices to be given hereunder shall be given by certified mail to the <br /> party entitled thereto at its address set forth below, or at such other address as such party may <br /> provide_to the other party in writing from time to time namely: . <br /> If to the City: City of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City,CA 94063 <br /> Attention: Director of Finance <br /> If to the Authority: City of Redwood City Public Financing Authority <br /> , 1017 Middlefield Road <br /> Redwood City, CA 94063 <br /> Attention: City Director of Finance <br /> If to the Trustee: U.S. Bank National Association <br /> One California Street, Suite 1000 <br /> San Francisco,California 94l 11 <br /> Attention: Global Corporate Trust Services <br /> Section 8.11 Amendments <br /> This Installment Purchase Contract may be amended in writing as may be <br /> mutually agreed by the City and the Authority, with the written consent of the Owners of a <br /> majority of the aggregate principal evidenced by the Bonds then Outstanding;provided,however, <br /> that no such amendment shall (i) extend the payment date of any Installment Payment or reduce <br /> the amount of any Installment Payment, or the interest rate applicable thereto, without the prior <br /> written consent of the Owner of each Bond so affected, (ii) reduce the percentage of Owners <br /> whose consent is reyuired for any amendment hereof without the prior written consent of the <br /> Owners of all Bonds then Outstanding, or (iii) amend this Section without the prior written <br /> consent of the Owners of all Bonds then.0utstanding. <br /> This Installment Purchase Contract and the rights and obligations of the City and <br /> the Authority hereunder may also be amended or supplemented at any time by an amendment <br /> hereof or supplement hereto which shall become binding upon execution by the City and the <br /> Authority, without the written consents of any Owners, but only to the extent permitted by law <br /> and only for any one or more of the following purposes - <br /> (i) to add to the agreements, conditions, covenants and terms required <br /> by the Authority or the City to be observed or performed herein other agreements, conditions, <br /> covenants and terms thereafter to be observed or performed by the Authority or the City, or to <br /> surrender any right or power reserved herein to or conferred herein on the Authority or the City, <br /> and which in either case shall not materially adversely affect the interests of the Owners; � <br /> 28 <br /> 338529_I.DOC <br />
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