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SAFA & CITIGROUP GLOBAL (2) - 2004
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SAFA & CITIGROUP GLOBAL (2) - 2004
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Last modified
1/3/2012 2:13:51 PM
Creation date
2/23/2004 3:03:05 PM
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Contracts
Company Name
Santa Ana Financing Authority & Citigroup Global Markets, Inc.
Contract #
A-2004-024
Council Approval Date
1/20/2004
Notes
Water Refunding Revenue Bonds
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<br />(f) No Litigation. No controversy or litigation of any nature is now pending or, to <br />the best of the Authority's knowledge, threatened in any court or before any governmental <br />agency: <br /> <br />(i) restraining or enjoining, or seeking to restrain or enjoin, the <br />issuance, sale, execution or delivery of the Bonds, or <br /> <br />(ii) in any way contesting or affecting (A) the validity or enforceability <br />. of the Bonds, (B) any proceedings of or on behalf of the Authority taken with <br />respect to the issuance or sale of the Bonds, (C) the execution of the Authority <br />Agreements or the execution or adoption of the Authority Resolution, (D) the <br />pledge of revenues effected by the Authority Resolution and the Indenture, as <br />described in the Official Statement, or (E) the existence or powers of the <br />Authority, or <br /> <br />(iii) in any manner questioning (A) the proceedings or authority for the <br />issuance of the Bonds, or (B) any provision made or authorized for the payment <br />of the Bonds, or (C) the existence or operations of the Authority, or (D) the power <br />of the Authority to issue the Bonds, or (E) the power of the Authority to undertake <br />any other transactions contemplated by the Official Statement; or <br /> <br />(iv) which would have a material adverse effect upon the Authority <br />relating to the Bonds or to the contemplated use of the proceeds thereof; and <br /> <br />none of the Authority's proceedings or authority for the issuance, sale, execution and <br />delivery of the Bonds, or the execution and delivery of the Authority Agreements or the <br />adoption of the Authority Resolution as described in the Official Statement has been <br />repealed, modified, amended, revoked or rescinded. <br /> <br />(g) Blue Sky. The Authority will furnish such information, execute such <br />instruments and take such other action in cooperation with the Underwriter, as the <br />Underwriter may reasonably request, to qualify the Bonds for offer and sale under the <br />Blue Sky or securities laws and regulations of sum states and other jurisdictions of the <br />United States as the Underwriter may designate. <br /> <br />(h) All Consents Obtained. All approvals and consents of the Authority which <br />would constitute a condition precedent to the performance by the Authority of its <br />obligations hereunder and under the Authority Resolution, the Authority Agreements and <br />the Bonds have been obtained and are in full force and effect. No other authorization, <br />consent or approvaJ of, or filing or registration with, any Governmental Authority (as <br />defined below) or court is, or under existing requirements oflaw will be, necessary for the <br />valid execution, delivery or performance by the Authority hereof other than any <br />authorization, consent, approval, filing or registration as may be required under the Blue <br />Sky or securities laws of any state in connection with the offering, sale or issuance of the <br />Bonds. AU authorizations, consents or approvals of, or filings or registrations with any <br />Governmental Authority or court necessary for the valid issuance of, and performance by <br />the Authority of its obligations under, the Bonds will have been duly obtained or rnade <br /> <br />5 <br />
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