Laserfiche WebLink
representing a fractional undivided interest in such revenue <br />payments, and will use the proceeds to finance the <br />acquisition, construction and financing of the Project; <br /> <br /> WHEREAS, a form of official statement describing the <br />Certificates of Participation (the "Official Statement") and a <br />form of official notice of sale for purchase of the <br />Certificates of Participation (the "Notice of Sale") <br />including terms and conditions inviting bids for the <br />Certificates of Participation has been submitted to this City <br />Council; <br /> <br /> WHEREAS, the City has full legal right, power and <br />authority under the Constitution and the laws of the State of <br />California to enter into the transactions hereinafter <br />authorized; <br /> <br /> WHEREAS, there is on file with the City Clerk the <br />form of each document referred to herein, relating to such <br />financing of the Project; and <br /> <br /> WHEREAS, all acts, conditions and things required by <br />the Constitution and laws of the State of California to exist, <br />to have happened and to have been performed precedent to and <br />in connection with the consummation of such financing <br />authorized hereby do exist, have happened and have been <br />performed in regular and due time, form and manner as required <br />by law, and the City is now duly authorized and empowered, <br /> <br /> 3 <br /> 5344M <br /> <br /> <br />