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55A - PROPOSITION 1A SECURITIZATION PROGRAM
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11/02/2009
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55A - PROPOSITION 1A SECURITIZATION PROGRAM
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Last modified
1/3/2012 4:14:29 PM
Creation date
10/27/2009 7:42:25 AM
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City Clerk
Doc Type
Agenda Packet
Item #
55A
Date
11/2/2009
Destruction Year
2014
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EXHIBIT C2 <br />SELLER CERTIFICATE <br />SELLER CERTIFICATE <br />Dated: Pricing Date <br />We, the undersigned officers of the City' of Santa. Ana (the ``Seller"), a local <br />agency of the State of California within the meaning of Section 6585(f) of the California <br />Government Code, holding the respective offices herein below set opposite our signatures, do <br />hereby certify that on the date hereof the following documents (the "Seller Transaction <br />Documents") were officially executed and delivered by the Authorized Officer or Officers whose <br />names appear on the executed copies thereof, to wit: <br />Document <br />1. Purchase and Sale Agreement, dated as of November 1, 2009 (the <br />"Sale Agreement"), between the Seller and the California <br />Statewide Communities Development Authority (the "Purchaser") <br />2. Irrevocable Instructions For Disbursement of Seller's Proposition <br />lA Receivable to the Controller of the State of California, dated <br />the Closing Date. <br />3. Bill of Sale, dated the Closing Date. <br />Capitalized terms used herein and not defined herein shall have the meaning given <br />such terms in the Sale Agreement. <br />We further certify as follows: <br />At the time of signing the Seller Transaction Documents and the other documents and <br />opinions related thereto, we held said offices, respectively, and we now hold the same. <br />2. The representations and warranties of the Seller contained in the Seller Transaction <br />Documents are true and correct as of the date hereof in all material respects. <br />3. The City Council duly adopted its resolution (the "Resolution") approving the sale of the <br />Seller's Proposition lA Receivable at a meeting of the City Council which was duly called <br />and held pursuant to law with all public notice required by law and at which a quorum was <br />present and acting when the Resolution was adopted, and such Resolution is in full force and <br />effect and has not been amended, modified, supplemented or rescinded. <br />C2-1 <br />55A-28 <br />
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