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HomeMy WebLinkAboutURA RES 2018-04 RESOLUTION NO.2018-04 A RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO APPROVINC AND AUTHORIZING EXECUTION OF THE NO DEFAULT CERTIFICATES FOR THE URA BONDS SERIES 2012 (ADMINISTRATION BUILDING PROJECT) AND SERIES 2016 (SCHOOL DISTRICT NO. 1.32 IMPROVEMENTS PROJECT). BE IT RESOLVED BY Tf-lE BOARD OF COMMISSIONERS OF THE URBAN RENEWAI, AGENCY OF THE CITY OFCA1,I)WE"U., IDA110: Section 1: Agency hereby authorizes its Chairman to execute the No Default Certificates of which are attached as Exhibit A and Exhibit B and incorporated by this reference. Section 2: That this Resolution shall be in full force and effect immediately upon its adoption and approval. ADOPTED AND APPROVI,'DTHIS 12"' day of February, 2018. OCA N A'111ST: F 1C*4 SECRETARY 0 A '4 o "K49 u wit gS RESOLUTION NO.2017-_,Page I �mmw >y � # ■ / ■ �� � o � � © ow, Urban Renewal Amery of the City of Coldwoft 411 Bissis" Street Caldwell. Idaho 83605 February 12,2018 Allison M.Blackman,Vice President Zions,Bank,a division of ZB National Association Corporate Trust 800 W.Main Street,Ste 700 Boise,ID 83702 Re: Urban Renewal Agency of the City of Caldwell,Idaho Revenue Allocation (Tax Increment)Bonds,Series 2016(School District o. 1.32 Improvements Project) The Urban Renewal Agency of the City of Caldwell,Idaho hereby certifies that to the best of my knowledge and belief the Agency has kept, observed, performed, and fulfilled each and every one of its covenants and obligations contained in the Resolution, and there does not exist on the date of this certificate any Event of Default by the Agency under the Bond Resolution or any Event of Default under Article XI or other event which, with the lapse of time specified in Section 11.1,would become an Event of Default under Article XI. This Written Certificate of the Agency (Written Certificate)certifies that as the Chairman of the Board of Commissioners, I have read the pertinent provisions of the Bond Resolution relating to this certification. This certification is provided for in compliance with Section 9.10(10 of the Bond Resolution. In my opinion I have made such examination or investigation as necessary to provide such Written Certificate and the provisions relating to this certification have been complied with. o b Hopper, a n B o a rd of t Ission er s Caldwell Urban Renewal Agency of the G19 of Gildsvell Blifille Street t,lutdowell. 1derho 8360,; February 12,20l8 Allison M. Blackman,Vice President Zi000Qonk, aJivisioo of2BNational Association CorporotuTruyt 800 W. Main Street, Ste 700 Boise, ID 83702 Re: Urban Renewal Agency oythe City wy Caldwell, Idaho Revenue Allocation(Tax Increment) Bonds,Series 2e12 (Administration Building Project) The Urban Renewal Agency of the City of Caldwell, Idaho hereby certifies that to the 6cmL of' my knowledge and belief the Agency has kept, observed, performed, and fulfilled each and every one of its uuveuon1a and obligations contained in the Resolution, and there does not exist on the 600e of this certificate any Event of"Default by the Agency under the Bond Resolution or any 6vco( of Default under Article X1 or other event which, with the lapse of tirne specified in Section 11.1, would becoine an Event ofQc{auk under Article X\. This Written Certificate of the Agency (Written Cei-tificate)certifies that as the Chairman of the Board of Commissioners, | have read the pertinent provisions of the Bond Resolution relating iuthis cediGcutioo. This certification is provided for in compliance with Section 9.1 l(D) of the Bond Resolution. In nny opinion [ have mmjm such exumino1iuuor investigation om necessary 0o provide such Written Certificate and the provisions relating tnthis ucdiOoa1imn have been complied with. Rob Hopper,Chair Board ofCommissioners CulJ*e\] Urban Renewal Agency � |