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RES 81325
City of Pleasanton
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1980-1989
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1981
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RES 81325
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2/4/2013 11:34:33 AM
Creation date
3/7/2000 5:19:22 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
9/29/1981
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Act with respect to the purchase of Home Mortgages pursuant <br />to the Resolution and the Indenture. <br /> <br /> Resolution. "Resolution" means the resolution <br />providing for the issuance of the City of Pleasanton 1981 <br />Ho~e Mortgage Revenue Bonds, as the same will be adopted by <br />the City under the Act or as it may from time to time <br />thereafter be supplemented, modified or amended by any <br />supplemental resolution in accordance with the terms and <br />provisions thereof. <br /> <br /> Rules and Regulations. "Rules and Regulations" <br />means these rules and regulations establishing eligibility <br />criteria for lending institutions adopted by the City on <br />Sep~mBe~ ~9 , 1981 pursuant to Resolution No.81-~2~ , or as <br />they may be further supplemented or amended from time to time. <br /> <br /> Trustee. "Trustee" means the trustee appointed by <br />the City pursuant to the Resolution, or its successor. <br /> <br /> Section 2. Eligibility Criteria for Lending <br />Institutions. In oraer to be eligible to originate and <br />service Home Mortgages under the Program, a Lending <br />Institution shall comply with the following criteria: <br /> <br /> (A) The Lending ~nstitution shall be authorized to <br />do business in the State of California and shall have full <br />legal authority to originate and service Home Mortgages under <br />the Program. <br /> <br /> 4 <br />40006-0002-077-0252a <br /> <br /> <br />
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