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2001-073
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2001-073
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Last modified
2/7/2017 12:15:13 PM
Creation date
9/30/2015 5:11:51 PM
Metadata
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Resolutions
Resolution Number
2001-073
Approved Date
08/07/2001
Resolution Type
Bonds
Entity Name
Dodgertown
Subject
IRC Revenue Bonds Award and Sale Spring Training Facility
Authority Chairman and Vice Chairman
Disclosure Agreement
Area
Dodgertown
Archived Roll/Disk#
2745
Supplemental fields
SmeadsoftID
2586
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t <br /> (e) At the time of Closing, the County shall have received certification as a "facility for a <br /> retained professional sports franchise" from the Office of Tourism, Trade, and Economic Development <br /> ("OTTED") in the Executive office of the Governor has certified Dodgertown pursuant to Section <br /> 288.1162, Florida Statutes,as amended, for purposes of Section 212.20,Florida Statutes, as amended <br /> with respect to Dodgertown (the "Certification'), such Certification shall not have been amended and <br /> revoked,the County shall have commenced the receipt of funds under the Certification on February 28, <br /> 2001 and shall have received monthly payments of$41,666.67 on and since such date. <br /> (f) At the time of the Closing,all official action of the County relating to this Bond Purchase <br /> Contract,the Continuing Disclosure Certificate,the Dodgertown Documents and the Series 2001 Bonds <br /> shall be in full force and effect in accordance with their respective terms and shall not have been amended, <br /> modified or supplemented in any material respect, except in each case as may have been agreed to by the <br /> Underwriters. <br /> (g) The Underwriters shall have the right to cancelthe agreement contained herein to purchase, <br /> to accept delivery of and to pay for the Series 2001 Bonds by notifying you in writing of their intention to <br /> do so if <br /> (i) between the date hereof and the Closing,legislation shall have been enacted by the <br /> Congress of the United States,or recommended to the Congress for passage by the President of <br /> the United States, or favorably reported for passage to either House of Congress by any <br /> Committee of such House,or passed by either House of Congress,or a decision shall have been <br /> rendered by a court ofthe United States or the United States Tax Court,or a Wiling shall have been <br /> made or a regulation shall have been proposed or made by the Treasury Department ofthe United <br /> States or the Internal Revenue Service,withrespect to the federal taxation of interest received on <br /> obligations of the general character ofthe Series 2001 Bonds,which,in the opinion of Counsel for <br /> the Underwriters has,or will have,the effect of making such interest subject to inclusion in gross <br /> income for purposes of federal income taxation, except to the extent such interest shall be <br /> includable in gross income on the date hereof,or <br /> (u) between the date hereof and the Closing,legislation shall be enacted or any action <br /> shall be taken by the Securities and Exchange Commission which,in the opinion of Counsel for the <br /> Underwriters, has the effect of requiring the contemplated issuance or distribution of the Series <br /> 2001 Bonds to be registered under the Securities Act of 1933, as amended,or of requiring the <br /> Resolution to be qualified under the Trust Indenture Act of 1939,as amended,or <br /> Ciro) an event described in paragraph(s)of Section 6 hereof shall have occurred which <br /> requires an amendment or supplement to the Official Statement and which, in the reasonable <br /> opinion ofthe Underwriters,materially adversely affects the marketability ofthe Series 2001 Bonds <br /> or the market price thereof,or <br /> 8 <br />
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