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Financial- Norwest (1-2 Files)
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Financial- Norwest (1-2 Files)
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Last modified
9/19/2012 3:14:53 PM
Creation date
8/31/2011 5:12:09 PM
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Building
RecordID
10210
Title
Financial- Norwest (1-2 Files)
Company
Marion County
BLDG Date
1/1/1999
Building
Courthouse Square
BLDG Document Type
Finance
Project ID
CS9801 Courthouse Square Construction
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~ <br />4 <br />5 <br />6 <br />~ <br />8 <br />9 <br />10 <br />12 <br />13 <br />14 <br />I~ <br />16 <br />I7 <br />I8 <br />19 <br />20 <br />~~ <br />~~ <br />~; <br />~ <br />~`- ~ 5 <br />2b <br />27 <br />~g <br />?q <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />EXHIBIT A-2 <br />REIMBURSEMENT <br />REQUISITION CERTIFICATE <br />~ \~~.~fy <br />~ <br />~,~~ ~',: ~ <br />~~ M,~NAGEMB~T <br />TO: 1~1oc-~rest Bank. Minnesv~a;} N~:, Trustee <br />FROM: Marion County, Oregon (the "County") <br />SUBJECT: ~22,000,000 Certificates of Participation (Courthouse Square Project), 1998 <br />Series A <br />This represents Reimbursement Requisition Certificate No. 1 in the total amount of <br />$ 3~~~~-$ to pay those costs of the Project detailed in Exhibit A attached hereto. All terms <br />used herein and not otherwise defined herein shall have the respective meanings assigned thereto <br />in the Financing and Trust Agreement dated as of December 1, 1998 between Marion County, <br />Oregon (the "County") and the above-named Trustee. <br />The undersigned does certify that: <br />1. Prior to the date of issuance of the above-captioned certificates of participation (the <br />"1998 Certificates"), the County incurred and paid various expenditures relating to the Courthouse <br />Square Project (collectively, the "Pre-issuance Expenditures"). All Pre-Issuance Expenditures <br />were capital expenditures within the meaning of Regulations Section 1.150-1(b) (that is, <br />expenditures that are properly chargeable to the capital account of the Courthouse Square Project, <br />or that would be so chargeable with either a proper election to do so or the application of the <br />placed-in-service rules under Regulations Section 1.1 ~0-2(c)). <br />2. Pursuant to a resolution adopted by the Board of Commissioners of the_County on <br />i~di 5~ ]994 (the "Official Intent Declaration"), the County declared its intent to reimburse itself <br />out of the Courthouse Square Proceeds of the 1998 Certificates for the Pre-issuance Expenditures <br />relating to the Project. In order to conform to the definition of a"reimbursement allocation" <br />contained in Regulations Section 1.150-2(c), the County is submitting to the Trustee within 30 <br />days of the date of issuance of the 1998 Certificates this requisition for Proceeds of the 1998 <br />Certificates to reimburse itself for Pre-issuance Expenditures in the amount of $ 3~9u~~~-~ <br />(the "Reimbursed Expenditures"). All such Reimbursed Expenditures were either: <br />(i) paid by the County after the date that is 60 days prior to the date of the <br />Official Intent Declaration; or <br />FINANCING AND TRUST AGREE111ENT EXHIBIT A-2 PAGE 1 <br />~ <br />
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