Item PFA-3 - Water Revenue Bonds

Home Browse Search

existence of U.S. Bank or in any way contesting or affecting the validity or enforceability of U.S. Bank Documents or contesting the powers of U.S. Bank or its authority to enter into and perform its obligations thereunder; (11) a letter from Stradling Yocca Carlson & Rauth LLP, Newport Beach, California, counsel to the Underwriter ("Underwriter's Counsel"), dated the Closing Date, addressed to the Underwriter, in form and substance acceptable to the Underwriter; (12) certified copies of the City Resolution, the Authority Resolution, and an incumbency resolution of U.S. Bank; (13) copies each of the Authority Documents, the City Documents, and the Official Statement, duly executed and delivered by the respective parties thereto; (14) a tax certificate with respect to the Bonds of the Authority and the City, in form satisfactory to Bond Counsel, signed by appropriate officers of the Authority and the City; (15) evidence that the rating on the Bonds of " " by S&P is in full force and effect on the Closing Date; (16) copies of the statements with respect to the sale of the Bonds required to be delivered to the California Debt and Investment Advisory Commission; (17) evidence that a debt management policy which complies Sections 8855 of the California Government Code has been adopted by the City; (18) a copy of the Blanket Letter of Representations to DTC relating to the Bonds signed by the City; (19) evidence that the federal tax information form 8038-G has been prepared by Bond Counsel for filing; (20) copies of the executed certificates or opinions required to be delivered, if any, as a condition of the execution and delivery of the Installment Purchase Agreement on a parity with the existing Parity Obligations (as such term is defined in the Preliminary Official Statement), each in form and substance satisfactory to Bond Counsel and to Underwriter's Counsel; (21) A verification report related to the refunding of the Refunded Bonds; (22) An opinion of Bond Counsel addressed to the Underwriter and U.S. Bank to the effect that the Refunded Bonds have been legally defeased; and (23) such additional legal opinions, certificates, proceedings, instruments, and other documents as the Underwriter, Underwriter's Counsel, or Bond Counsel may reasonably request to evidence compliance by the City with legal requirements, the accuracy, as of the time of Closing, of the City's representations herein contained, 20 Error! Unknown document property name.