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Agenda - Council - 11/10/1981
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Agenda - Council - 11/10/1981
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5/24/2004 8:46:43 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/10/1981
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I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br />I <br />I <br />! <br /> <br />able, upon any property of the Issuer other than its inter- <br />est in the Project, and no Holder of the Note shall ever <br />have the right to compel any exercise of the taxing power of <br />the Issuer to pay the Note or the interest thereon or to <br />enforce payment thereof against any property of the Is- <br />suer. The agreement of the Issuer to perform the covenants <br />and other provisions contained in this Resolution or the <br />Note, the Agreement or the Pledge Agreement and the other <br />documents listed in Section 3.03 hereof shall be subject at <br />all times to the availability of revenues furnished by the <br />Borrower sufficient to pay all costs of such performance or <br />the enforcement thereof, and the Issuer shall not be subject <br />to any personal or pecuniary liability thereon. <br /> <br />Section 7. Issuer Representative. <br /> <br /> 7.01. is hereby designated and au- <br />thorized to act on behalf of the Issuer as the Issuer Rep- <br />resentative (as defined in the Agreement) and is <br />hereby designated and authorized to act on behalf of the <br />Issuer as Alternate Issuer Representative. <br /> <br />Adopted: November 10, 1981. <br /> <br />CITY OF RAMsEY, MINNESOTA <br /> <br />[SEAL] <br /> <br />Attest: <br /> <br />By <br /> <br />Mayor <br /> <br />City Administrator/Clerk <br /> <br /> <br />
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