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25C - FINANCE AND UTILITY SOFTWARE
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25C - FINANCE AND UTILITY SOFTWARE
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Last modified
1/3/2012 4:33:04 PM
Creation date
2/27/2008 12:11:25 PM
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City Clerk
Doc Type
Agenda Packet
Item #
25C
Date
3/3/2008
Destruction Year
2013
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(c) such other schedules, exhibits, attachments, certificates, or ancillary <br />documents reasonably related to the Lease Agreement, collectively, the <br />"Financing Documents", necessary to consummate the transaction <br />contemplated by this resolution. <br />Section 4. The City Manager or the Executive Director of Finance and <br />Management Services is hereby appointed as agent for the City of Santa Ana to review, <br />execute and deliver any and all Financing Documents including but not limited to, <br />agreements, amendments, applications, invoices, financing statements and payment <br />requests necessary for the completion of the financing and acquisition of the <br />Equipment. <br />Section 5. Pursuant to Section 265(b) of the Internal Revenue Code of 1986, <br />as amended (the "Code"), City hereby designates the Lease as a "qualified tax-exempt <br />obligation" for purposes of Section 265 (b)(3) of the Code. <br />Section 6. This Resolution shall take effect immediately upon its adoption by <br />the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this day of <br />2008. <br />Miguel A. Pulido <br />Mayor <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher, City Attorney <br />By: <br />Laura Sheedy <br />Assistant City Attorney <br />AYES: <br />NOES: <br />ABSTAIN: <br />NOT PRESENT: <br />Councilmembers <br />Councilmembers <br />Councilmembers <br />Councilmembers <br />25C-89 <br />Resolution No. 2008-XXX <br />Page 2 of 4 <br />
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