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AgdaPkt 2009-10-19
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AgdaPkt 2009-10-19
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Last modified
10/20/2009 1:01:25 PM
Creation date
10/15/2009 3:39:36 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Special
Agency Type
City Council and Redevelopment Agency
Date
10/19/2009
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<br />7A <br />Page 33 <br /> <br />the Purchaser, however, deliver a written notice to the Office of the Controller stating that: <br />(a) the Seller failed to meet the requirements set forth in the Purchase and Sale Agreement; <br />(b) the Purchaser has not waived such requirements; and (c) the Purchaser has not purchased <br />the Proposition 1A Receivable as a result of the circumstances described in (a) and (b) above, <br />then these instructions shall be automatically rescinded and the Seller shall again be entitled <br />to receive all payment of moneys due or to become due to the Seller pursuant to Section <br />25.5(a)(1)(B)(iii) of Article XlII of the California Constitution and Section 100.06 of the <br />California Revenue and Taxation Code. <br /> <br />Bank Name: <br />Bank ABA Routing #: <br />Bank Account #: <br />Bank Account Name: <br />Further Credit To: <br />Bank Address: <br /> <br />Bank Telephone #: <br />Bank Contact Person: <br /> <br />Wells Fargo Bank, N.A. <br />121000248 <br />0001038377 <br />Corporate Trust Clearing <br />CSCDA Proposition 1A Bonds <br />707 Wilshire Blvd., 17th Floor <br />MAC E2818-176 <br />Los Angeles, CA 90017 <br />(213) 614-3353 <br />Robert Schneider <br /> <br />Please do not hesitate to call the undersigned if you have any questions regarding <br />this transaction. Thank you for your assistance in this matter. <br /> <br />Very truly yours, <br /> <br />~rIY.QF. REDWOOIlCf-I'Y <br /> <br />By: <br /> <br />Authorized Officer <br /> <br />D-2 <br />
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