Laserfiche WebLink
<br />EXHIBIT E <br /> <br />FORM OF DISBURSEMENT CERTIFICATE <br /> <br />$ <br />LEASE AGREEMENT <br />Dated as of . 2005, <br />by and between the Santa Ana Financing Authority, as Lessor, and the City of <br />Santa Ana, as Lessee, Assigned to . as Assignee <br /> <br />DISBURSEMENT CERTIFICATE NO. <br /> <br />The undersigned hereby states and certifies: <br /> <br />(i) that the undersigned is the duly appointed, qualified and acting of City <br />of Santa Ana, a municipal corporation and charter city, organized and existing under the laws of the State <br />of California (the "City"), and as such, is familiar with the facts herein certified and is authorized to <br />certify the sam.e on behalf of the City; <br /> <br />(ii) that, pursuant to Section 3.2 of that certain Lease Agreement, dated as of . 2005 <br />("Lease Agreement"), by and between the Santa Ana Financing Authority, as lessor (the" Authority"), <br />and the City, as assigned to . as assignee (the" Assignee"), the Assignee is <br />hereby requested to approve the disbursement this date from the Improvement Account (as defined in <br />Lease Agreement) to the payees designated on Exhibit A attached hereto and by this reference <br />incorporated herein, at the addresses set forth below such payee name, the sum set forth opposite such <br />payee, for payment or reimbursement for costs of the Improvements (as defined in Lease Agreement) as <br />specified; <br /> <br />(iii) that if such disbursement is for reimbursement to the City, evidence of prior payment is <br />attached hereto; <br /> <br />(iv) that obligations in the stated amounts have been incurred by the City and are presently due <br />and payable and that each item thereof is a proper charge against the Improvement Account, and has not <br />been previously paid therefrom; <br /> <br />(v) that there has not been filed with or served upon the City notice of any lien, right to lien or <br />attachment upon, or claim affecting the right to receive payment of, any of the amounts payable to any of <br />the persons named in such requisition, which has not been released or will not be released simultaneously <br />with the payment of such obligation, other than materialmen's or mechanics' liens accruing by mere <br />operation of law; <br /> <br />(vi) that the component of the Improvements for which such payment relates is satisfactory to the <br /> <br />City; <br /> <br />(vii) that the balance remaining in the Improvement Account after payment of such amounts, <br />together with any investment income reasonably anticipated to be deposited in the Improvement Account <br />and any other funds reasonably anticipated to be available therefor, will be sufficient to pay the costs of <br />the Improvements; and <br /> <br />Exhibit D <br />