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SANTA ANA FINANCING AUTHORITY
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SANTA ANA FINANCING AUTHORITY
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Last modified
3/26/2024 2:25:56 PM
Creation date
11/30/2022 11:35:00 AM
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Template:
Contracts
Company Name
SANTA ANA FINANCING AUTHORITY
Contract #
A-2007-299
Agency
Finance & Management Services
Expiration Date
5/1/2026
Destruction Year
2031
Notes
Receivied copy from Finance
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TABLE OF CONTENTS <br />ARTICLE I <br />DEFINITIONS AND EXHIBITS <br />Section1.1. Definitions.................................................................................................................2 <br />Section1.2. Exhibits ..................................... .................................................... ......... .................... 2 <br />ARTICLE II <br />REPRESENTATIONS, COVENANTS AND WARRANTIES <br />Section 2.1. Representations, Covenants and Warranties of the City...............................................3 <br />Section 2.2. Representations, Covenants and Warranties of Authority............................................4 <br />ARTICLE III <br />APPLICATION OF MONEYS; DISBURSEMENT <br />Section 3.1. <br />Application of Moneys....... ....... .................................... .......................................... 5 <br />Section3.2. <br />Disbursement.............................................................................................................5 <br />Section 3.3. <br />Prepayment of Existing Lease Agreement...................................................................6 <br />ARTICLE IV <br />AGREEMENT TO LEASE; TERM OF THIS LEASE AGREEMENT; LEASE PAYMENTS <br />Section4.1. <br />Lease......................................................................................................................... 7 <br />Section 4.2. <br />Term of Agreement....................................................................................................7 <br />Section4.3. <br />Possession..................................................................................................................7 <br />Section 4.4. <br />Lease Payments..........................................................................................................7 <br />Section4.5. <br />Quiet Enjoyment........................................................................................................8 <br />Section 4.7. <br />Additional Payments..................................................................................................8 <br />ARTICLE V <br />MAINTENANCE; TAXES; INSURANCE; USE LIMITATIONS; AND OTHER MATTERS <br />Section 5.1. <br />Maintenance, Utilities, Taxes and Assessments............................................................9 <br />Section 5.2. <br />Modification of Property............................................................................................9 <br />Section 5.3. <br />Public Liability and Property Damage Insurance...................................................... <br />10 <br />Section 5.4. <br />Fire and Extended Coverage Insurance.................................................................... <br />10 <br />Section 5.5. <br />Rental Interruption Insurance.................................................................................. <br />10 <br />Section 5.6. <br />Performance and Payment Bonds............................................................................. <br />11 <br />Section 5.7. <br />Title Insurance......................................................................................................... <br />11 <br />Section 5.8. <br />Insurance Net Proceeds; Form of Policies................................................................ <br />11 <br />Section5.9. <br />Advances.. ............................................................................................................... <br />11 <br />Section 5.10. <br />Installation of City's Equipment............................................................................... <br />11 <br />Section5.11. <br />Liens........................................................................................................................ <br />12 <br />Section 5.12. <br />Private Activity Bond Limitation.............................................................................. <br />12 <br />Section 5.13. <br />Federal Guarantee Prohibition................................................................................. <br />12 <br />Section 5.14. <br />Rebate Requirement................................................................................................. <br />12 <br />Section5.15. <br />No Arbitrage........................................................................................................... <br />12 <br />Section 5.16. <br />Maintenance of Tax-Exemption................................................................................ <br />12 <br />Section 5.17. <br />Environmental Covenants........................................................................................ <br />12 <br />-i- <br />
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