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Agenda - Economic Development Authority - 05/24/2005
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Agenda - Economic Development Authority - 05/24/2005
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Last modified
4/14/2025 1:32:42 PM
Creation date
5/20/2005 11:16:45 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
05/24/2005
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Series 2005A Bonds: The $ t 9,200,000 Public Project Lease Revenue Bonds, Series <br />2005A (City of Ramsey, Minnesota Lease Obligation), dated the Date of Original Issuance. <br /> <br /> State.: The State of Minnesota. <br /> State and Federal Law or Laws: The Constitution and any law of the State and anymle <br />or regulation of any agency or political subdivision of the State; and any law of the United' <br />States, and any rule or regulation of any federal agency. <br /> <br /> Tenant: The City of Rarnsey, a municipal corporation and political subdivision of the <br />State of Minnesotm <br /> <br /> Tenant Powers Act: Minnesota Statutes, Section 465.71 and 469.041, as from time to <br />time amended. · <br /> <br />Tenant Representative: The City Representative as defined in the Indenture. <br /> <br /> Term or Lease Term: The period commencing as of June I, 2005, and ending on <br />December 15, 2027, subject to earlier termination in accordance with the provisions of this <br />Lease. <br /> <br />Trustee: The Trustee under the Indenture. <br /> <br />Section 1.2. Exhibits. <br /> <br /> The following Exhibits are attached to and by reference made a part of this Lease: <br /> <br /> Ex_h/bit A: A description of the Land, Project Improvements and Project Equipment <br />being leased by Tenant pursuant to this Lease.. <br /> <br /> · Exhibit B: A schedule indicating the date and scheduled ambunt of each Rental Payment <br />(respeqting the Series 2005A Bonds) coming due during the Lease Term (assuming no optional <br />prepayment Or acceleration). <br /> <br />Exhibit C.: Form of Draw Request. .. <br /> <br />22 <br /> <br />1763g08vl 6 <br /> <br /> <br />
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