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US Bank 8/5/2015
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US Bank 8/5/2015
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Entry Properties
Last modified
7/12/2018 10:27:22 AM
Creation date
7/12/2018 10:27:07 AM
Metadata
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Template:
Contracts
Contractor's Name
US Bank
Approval Date
8/5/2015
Council Approval Date
8/5/2015
Department
Finance
Department Project Manager
Susy Haugen
Subject / Project Title
LED Street Lighting Project
Tracking Number
0001317
Total Compensation
$0.00
Contract Type
Agreement
Contract Subtype
Grant
Retention Period
6 Years Then Destroy
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'EXHIBIT 3 <br /> Purchaser's Certificate <br /> Re: Property Schedule No. 1 to Master Tax-Exempt Installment Purchase Agreement between U.S. Bancorp <br /> Government Leasing and Finance, Inc. and City of Everett. <br /> The undersigned, being the duly elected, qualified and acting 11Y10 ef of the City of Everett("Purchaser") <br /> do hereby certify, as of August 07, 2015,as follows: <br /> 1. Purchaser did, at a meeting of the governing body of the Purchaser held by cesoiuticn n1041 <br /> -er.ncdivaiee duly enacted, in accordance with all requirements of law, approve and authorize the execution and delivery of <br /> the above-referenced Property Schedule (the "Property Schedule") and the Master Tax-Exempt Installment Purchase <br /> Agreement(the"Master Agreement")by the following named representative of Purchaser,to wit: <br /> NAME TITLE SIGNATURE <br /> OF EXECUTING OFFICIAL OF EXECUTING OFFICIAL OF EXEC TING OF ICIAL <br /> And/Or (5 5 - <br /> (� <br /> V i <br /> 2. The above-named representative of the Purchaser held at the time of such authorization and holds at the <br /> present time the office set forth above. <br /> 3. The meeting(s) of the governing body of the Purchaser at which the Master Agreement and the Property <br /> Schedule were approved and authorized to be executed was duly called, regularly convened and attended throughout by <br /> the requisite quorum of the members thereof, and the enactment approving the Master Agreement and the Property <br /> Schedule and authorizing the execution thereof has not been altered or rescinded. All meetings of the governing body of <br /> Purchaser relating to the authorization and delivery of Master Agreement and the Property Schedule have been: (a) held <br /> within the geographic boundaries of the Purchaser; (b) open to the public, allowing all people to attend; (c) conducted in <br /> accordance with internal procedures of the governing body; and (d) conducted in accordance with the charter of the <br /> Purchaser, if any, and the laws of the State. <br /> 4. No event or condition that constitutes, or with the giving of notice or the lapse of time or both would <br /> constitute, an Event of Default (as such term is defined in the Master Agreement) exists at the date hereof with respect to <br /> this Property Schedule or any other Property Schedules under the Master Agreement. <br /> 5. The acquisition of all of the Property under the Property Schedule has been duly authorized by the <br /> governing body of Purchaser. <br /> 6. Purchaser has, in accordance with the requirements of law, fully budgeted and appropriated sufficient <br /> funds for the current budget year to make the Installment Payments scheduled to come due during the current budget year <br /> under the Property Schedule and to meet its other obligations for the current budget year and such funds have not been <br /> expended for other purposes. <br /> 7. As of the date hereof, no litigation is pending, (or, to my knowledge, threatened)against Purchaser in any <br /> court (a) seeking to restrain or enjoin the delivery of the Master Agreement or the Property Schedule or of other <br /> agreements similar to the Master Agreement; (b) questioning the authority of Purchaser to execute the Master Agreement <br /> or the Property Schedule, or the validity of the Master Agreement or the Property Schedule, or the payment of principal of <br /> or interest on, the Property Schedule; (c) questioning the constitutionality of any statute, or the validity of any proceedings, <br /> authorizing the execution of the Master Agreement and the Property Schedule; or(d)affecting the provisions made for the <br /> payment of or security for the Master Agreement and the Property Schedule. <br /> City ofr•tt <br /> By. te <br /> /' <br /> Tit e: Nil <br /> nSIGNERM ,- <br /> TNOT BE THE SAME AS THE EXECUTING OFFICIAL(S)SHOWN ABOVE. <br />
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