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SA-3 - RESO TAX ALLOCATION BOND
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SA-3 - RESO TAX ALLOCATION BOND
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Last modified
7/12/2018 5:35:37 PM
Creation date
7/12/2018 5:27:26 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
7/17/2018
Destruction Year
2023
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EXHIBIT A <br />The Escrow Agent shall purchase only the following substituted Investment Securities: <br />"Defeasance Obligations" means (a) cash, (b) direct non -callable obligations of the United States <br />of America, (c) securities fully and unconditionally guaranteed as to the timely payment of principal and <br />interest by the United States of America, to which direct obligation or guarantee the full faith and credit of <br />the United States of America has been pledged, (d) Refcorp interest strips, (e) CATS, TIGRS, STRPS, and <br />(f) defeased municipal bonds rated AAA by S&P or Aaa by Moody's (or any combination of the foregoing), <br />and specifically, the following escrow security: <br />Type CUSIP Date Date Amount Rate <br />A-1 <br />4142-5877-7620.1 <br />SA -3-137 <br />
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