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1982-140
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1982-140
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Last modified
3/20/2023 11:08:48 AM
Creation date
3/20/2023 11:08:15 AM
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Resolutions
Resolution Number
1982-140
Approved Date
12/23/1982
Subject
Fixing the maturity & interest payment dates for an $850,000 Industrial Develop
Revenue Bonds, Series 1982 (Rampmaster Project)
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r. <br />06R , . <br />Security Agreement, will not result in a breach of any of the <br />terms or provisions of, or constitute a default under, any inden- <br />ture, mortgage, deed of trust or other agreement or instrument to <br />which the Proprietor is now a party or by which it is bound or to <br />which the Project is subject. <br />(iv) The Proprietor has filed all required federal, <br />state, and local tax returns as they have become due, and no <br />claims have been assessed and are unpaid with respect to such <br />__.._._. taxes. <br />(v) The Proprietor is not in violation of any laws, <br />ordinances, governmental rules or regulations to which it is sub- <br />ject nor has it failed to obtain any necessary licenses, permits, <br />franchises, or other governmental authorization which it is <br />required to obtain in order to construct the Project and other- <br />wise for purposes of fulfilling its obligations under this Agree- <br />ment and the Loan Agreement. <br />(vi) All construction is to be performed in accor- <br />dance with the Plans and Specifications (as defined in the Loan <br />Agreement) and, to the best knowledge and belief of the Proprietor <br />there will be no violation of any applicable zoning, building or <br />other local, state or federal laws, ordinances and regulations <br />with respect to the anticipated use and construction thereof. <br />(vii) All utility services including water supply, <br />storm, and sanitary sewer facilities and gas, electric and <br />telephone facilities, necessary for the construction of the <br />Project and the operation thereof for its intended purpose have <br />been installed on the Project Site (as defined in the Loan Agree- <br />ment), and the Proprietor has obtained all necessary permits and <br />permissions required from governmental authorities for access to <br />and use of such services in connection with the construction and <br />use of the Project. <br />(b) The Company represents and warrants to, and agrees <br />with, the Bondholder, the Proprietor and the County as follows: <br />(i) The company is a corporation duly organized, <br />validly existing and in good standing under the laws of the State <br />of Florida, with corporate power to execute and deliver, and <br />carry out and perform its obligations under, this Agreement, the <br />Lease and the Company Guaranty. <br />(ii) There is no action, suit, proceeding, inquiry <br />or investigation, at law or in equity, before or by any court, <br />public board or body, pending or, to the best of its knowledge, <br />-5- <br />
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