My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1979-001
CBCC
>
Resolutions
>
1970'S
>
1979
>
1979-001
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/16/2023 11:01:01 AM
Creation date
2/16/2023 11:00:02 AM
Metadata
Fields
Template:
Resolutions
Resolution Number
1979-001
Approved Date
01/04/1979
Resolution Type
W & S Revenue Bonds
Subject
Authorizing issuance of $236,000 W & S Revenue Bonds
to finance Gifford Systms Expansion & Authorized Attorney
to file Bond Validation Suit
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
50
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
• <br />disconnection and reconnection charges, shall have been paid in <br />• full. This covenant shall not, however, prevent the Issuer <br />.from causing any System connection to be shut off sooner. <br />® (N) Enforcement of Collections. The Issuer will Bili - <br />gently enforce and collect the rates, fees and other charges for <br />the services and facilities of the System; and will take all steps, <br />actions and proceedings for the enforcement and collection of <br />such rates, charges and fees as shall become delinquent to the <br />full extent permitted or authorized by law; and will maintain <br />accurate records with respect thereof. All such fees, rates, <br />charges and revenues herein pledged shall, as collected, be held <br />in trust to be applied as provided in this instrument and not <br />otherwise. <br />(0) Sufficiency of Rates. The Issuer covenants and <br />agrees that it will fix, establish, revise from time to time <br />whenever necessary and maintain always such fees, rates, rentals <br />and other charges for the use of the product, services and <br />facilities of the System which will always produce cash revenues <br />sufficient to pay, and out of such funds pay, as the same shall <br />become due, the principal of and interest on the Bonds, the nec- <br />essary expenses of operating and maintaining the System and all <br />reserve, Sinking Fund or other payments required by this instrument; <br />and that such rates, fees, rentals or other charges will not be <br />reduced so as to be insufficient to provide funds for such purposes. <br />(P) Compliance with Laws and Regulations. The Issuer <br />covenants and agrees to perform and comply with, in every respect, <br />the Loan and Grant Agreements which it might have with the <br />Government or with any other governmental agency, and all applicable <br />Federal and State Laws and regulations. <br />(�) Remedies. Any holder of the Bonds or any coupons <br />appertaining thereto issued under the provisions of this instru- <br />ment, or any trustee acting for the holders of such Bonds and <br />coupons, may either at law or in equity, by suit, action, mandamus <br />or other• proceedings in any court of competent jurisdiction, <br />protect and enforce any and all right., including the right to <br />the appointment of a receiver, existin<T under the Laws of the <br />-24- <br />
The URL can be used to link to this page
Your browser does not support the video tag.