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2003-161
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2003-161
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Last modified
8/17/2017 3:55:46 PM
Creation date
9/30/2015 5:36:42 PM
Metadata
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Resolutions
Resolution Number
2003-161
Approved Date
12/09/2003
Agenda Item Number
9.A.1.
Resolution Type
Agreements with Escambia County
Entity Name
Escambia County Housing Authority
Subject
Tax Equity Fiscal Responsibility Act hearing
Area
finance qualifying mortgage loans on behalf of IRC
Archived Roll/Disk#
2746
Supplemental fields
SmeadsoftID
4021
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been entered into. It is further agreed that in the event of termination the parties to this Agreement will <br />provide continuing cooperation to each other in fulfilling the obligations associated with the issuance of <br />Bonds pursuant to this Agreement. <br />Section 5. Indemnity. <br />To the full extent permitted by law, the Escambia Authority agrees to hold the Participating <br />County harmless from any and all liability for repayment of principal of and interest or penalty on the <br />Escambia Bonds issued pursuant to this Agreement, and the members, officials, employees and agents of <br />the Participating County harmless from any and all liability in connection with the approval rendered <br />pursuant to Sections 159.603 and 159.604, Flonda Statutes. The Escambia Authority agrees that any <br />offering, circular or official statement approved by and used in marketing the Escambia Bonds will <br />include a statement to the effect that Bond owners may not look to the Participating County or its <br />respective members, officials, employees and agents for payment of the Escambia Bonds and interest or <br />premium thereon. <br />MCL -08/12/03 <br />Rev: 11/11/03 -6519 -Indian River ILA <br />4 <br />
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