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1995-152
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1995-152
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Last modified
3/11/2019 3:08:10 PM
Creation date
3/11/2019 3:00:22 PM
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Resolutions
Resolution Number
1995-152
Approved Date
12/05/1995
Resolution Type
Housing
Entity Name
Escambia County Housing Finance Authority
Interlocal Agreement
Subject
TEFRA single Family Mortgage Revenue Bonds
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which Remy- iketcci B }aids shall b:n subject- to t:he proviai-ct4 <br />of the Series R Su}'(Slt*ilentdi Indenture t') k Pxerut.ed in crrnnecfinn <br />therewith. <br />"Remarketed Series B Bonds" means Set -ins B tionds which have <br />been tendered and t;�T-Aarketed pursuant to the provisions of the <br />Indenture on or prior to April 1, 1997. <br />"Series A Subaccount of the Acquisition Fund" means thn <br />subaccount by that name created pursuant to the Indenture. <br />"Series A Acquisition Fund Investment Agreement" mean, that. <br />certain investment agreement between the Trustee and the <br />Acquisition Fund Investment Agreement Provider, pursuant to which <br />the Trustee shall invest moneys held in the Series A Subaccount of <br />the Acquisition Fund as provided in the Indenture and any <br />substitute thereof. <br />"Series A Acquisition Fund Investment Agreement Provider" <br />means Assured Return Management Corporation, or such successors or <br />assigns thereof which will not have an adverse effect on the rating <br />of the Bonds. <br />'Series A Bonds" means the Authority's Single Family Mortgage <br />Revenue Bonds, Series 1996 A (Multi -County Program), dated March 1, <br />1996. <br />"Series A General Investment Agreement Provider" mean,, AIS; <br />Matched Funding Corp., or :;uch ;ucc ::>ars or t:;:;igrls thereof which <br />will. not have an ad•.•erse effect on the radio# of thy. Fonds. <br />"Serios A GNMA Certificates and Fannie Mae Securities" means <br />GNKA Cor tificate-s and FaIT) ia.• KASocu I it. iv.,; f,; with fun -is o:I <br />deposit in the Serir.s A Ac:cluisit.ion Fund. <br />"Series A Origination Agreement" means, cc)11•+ct. iv,•ly, all of <br />the mortgage U:ictin,t.iorr i+',r.., nt:s, dated as of Mtt,•h 1, 1496. by <br />and amnng the Authr�rity, each of the Participant;, th•• custoe and <br />thr Srtvicer, as amended and supplemented. <br />*Series ti Plefted Revenues' means (a) ( i) all i ayments of <br />principal of and interest an the Series A GIA Certiticates and <br />Fannie Me* Securities, and any pe t received from t7/1A pursuant <br />to the Series A GO M {guaranty from Fannie lire pursuant to the <br />Series A Fannie Koo "ranty and all otter not proceeds of such <br />Series A t31M certifscotes MW Fannie Mee securities. (11) amounts <br />r oqu i t ed t r, be depw .ted on the lord tee i i veOuts in the hs� and <br />accz,ut.ta related &'duly to the Series A �oade pur'r•MM to the <br />I n4ow ut e ! rx her tAan Uw Cost of leouance AMM. tAr labete FNIId <br />and t he. i,t oqt an @mVeeSa lumW . ( i i 11 iaoa ms of Later mat easy" rite <br />zt ha t e. i : aed lay aw-ap 99 Les�sSif• Mdfeeed = twunstammW <br />e�u t t t , es he 14 to It M t uwr ad S/IOwWI SeLat tw eelely to hire <br />3e t lob k b a l'Is ' 10, "apt ensrte ie UW time ftec Ur rVapd>w <br />
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