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Agenda - Council - 02/10/2009
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Agenda - Council - 02/10/2009
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3/18/2025 3:48:53 PM
Creation date
2/5/2009 12:38:22 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/10/2009
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<br />EXHIDIT A <br /> <br />Certificate Re: Operating Deficit <br /> <br />City of Ramsey, Minnesota <br />7550 Sunwood Drive NW <br />Ramsey, MN 55304 <br />Attention: Administrator <br /> <br />Anoka County Housing and Redevelopment Authority <br />2100 Third Avenue <br />Anoka, MN 55303 <br /> <br />Anoka County <br />2100 Third Avenue <br />Anoka,MN 55303 <br /> <br />$ <br />Housing Development Bonds <br />(Anoka County, Minnesota General Obligation) <br />. Series 2009 A <br /> <br />The undersign~d authorized officer of U.S. Bank National Association (the "Trustee") <br />under that certain Indenture of Trust, dated as of 1, 2009 (the "Indenture"), <br />pursuant to which the above-captioned bonds are issued and outstanding hereby certifies as <br />follows: <br /> <br />1. On the date hereof, the balance of moneys on deposit in the Operating Fund is <br /> <br />$ <br /> <br />2. On the date hereof, the Trustee is required by the terms of the Indenture to pay <br />(either directly, or by transfer to the Issuer for such purpose) Operating Costs of the Project <br />incurred prior to , 2014 in the amount of $ <br /> <br />3. The Trustee hereby requests that the City deposit the amount of such <br />deficiency directly with the Trustee not later than ten (10) Business Days from the date <br />hereof. <br /> <br />ti <br /> <br />A-I <br /> <br />OPERATING DEFICIT AGREEMENT <br />CITY OF RAMSEY <br />-221- <br />
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