1993-081 - Laserfiche WebLink

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FROM, 0 M 0 904 224 1544 4.12.1993 20,35 P. Q (b) The County has full legal right, power and authority to issue and sell the Bonds as contemplated in the Resolution and the official statement and to operate the System in the manner described in the official Statement. (c) The County has full legal right, power and authority to enter into this Purchase osit Agreement to be dated as of April 1�,cd 19�93"Escrow (the row Dethe Escrow posit Agreement") between the County and NationsBank of Florida, N.A. (the "Escrow Agent"), and to sell and deliver the Bonds to the Underwriter as provided herein; by official action of the County taken prior to or concurrently with the acceptance hereof, the Resolution has been duly adopted in accordance with the Constitution and the laws of the State of Florida, including particularly the Act (as defined in the Resolution); the Resolution is in full force and has not been rescinded; this Purchase Contract, when executed by the County, will be duly authorized and delivered and will constitute a valid and legally binding obligation of the County enforceable in accordance with its terms, except as the enforcement thereof may be affected by bankruptcy, insolvency, or other similar laws or the application by a court of equitable principles generally affecting creditors' rights; and the County has duly authorized and approved the consummation by it of all other transactions contemplated by the Resolution, the Official Statement, the Escrow Deposit Agreement and this Purchase Contract to have been performed or consummated at or prior to the Date of closing (as herein defined). (d) The execution and delivery of the Bonds, the Escrow Deposit Agreement and this Purchase Contract and the adoption and implementation of the Resolution, and compliance with the obligations on the County's part contained herein and therein, will not conflict with or constitute a material breach of or material default under the Act or any federal or Florida constitutional provision, law, administrative regulation, judgment, decree, loan agreement, indenture, bond, note, resolution, ordinance, agreement or other instrument to which the County is a party or to which the County or any of its properties or other assets is otherwise subject, nor will any such execution, delivery, adoption, implementation or compli. once result in the creation or imposition of any material lien, charge or other security interest or encumbrance of any nature whatsoever upon any of the properties or other assets of the County under the terms of any such provision, law, regulation, document, resolution, ordinance or instrument, except as provided or permitted by the Bonds and the Resolution. (e) All approvals, consents and orders of any govern- mental authority, legislative body, board, agency or commis- sion having jurisdiction which would constitute a condition mm