Laserfiche WebLink
percent of the Gross Proceeds will be invested in an investment having a substantially guaranteed <br />yield for 4 years or more. Therefore, the Certificates are not "hedge bonds" within the meaning <br />of Code § 149(g). <br />(F~ NO COMMON ISSUANCE. There are no other tax-exempt obligations of the County <br />that have been, or will be, sold within fifteen days of the date hereof, pursuant to a common plan <br />of financing, and payable from the same source of funds. <br />(G~ CERTIFICATE OF PARTICIPATION MATURITY AND ECONOMIC LIFE OF FINANCED <br />ASSETS. The Certificates mature or are subject to mandatory redemption at the times and in the <br />amounts, and are outstanding from the date of this Certificate to the date of maturity or <br />mandatory redemption for the durations, producing the products of duration and issue price, all <br />as shown on Exhibit B attached hereto. The sum of the several Certificates years for the <br />Certificates shown on Exhibit B divided by the total issue price of the Certificates eqiials 15.36 <br />years, being the weighted average maturity for the Certificates pursuant to Code § 147(b)(1)(A). <br />When taking into account the assets comprising the Courthouse Square Project, the <br />Courthouse Square Pro~ect ec~~zs~s~s p~mar~Iy o~ rea~ prap~rty with an e~~omic lif~ i:~ ~xcess of <br />4(} >years ai~d thereft~re: ~has an average reasonably expected economic life in eYCess of <br />15 :?b years. , . . <br />b <br />€e~e~tF~ <br />r•~ •~i-, + * t,• .,. ~„a ~ <br />N r r <br />i- ~ , . . <br />~ <br />i ncn a„a .. .. +,, n„~~,r« i c i no~. <br />' ..~ ~ 1/ V V ~ <br />- ~..\ ~4~ 4 + ~. ~~~~ r.~ i.4l.o c~4r n4 4l. ~~ ~~ ~~~ ~ ~ <br />r a~ <br />T~;~~+ ~~'+~~ ~ r~rt^; ~'~i~as the wei hted avera e maturit of the Certificates does not <br />b ~ .:;....};: g g Y <br />exceed 120 percent of the remaining average reasonably expected life of the facilities beina <br />refinanced by the Certificates. <br />(H~ NO DESIGNATION AS QUALIFIED TAX-EXEMPT OBLIGATIONS UNDER §Zfi~. The <br />Certificates have not been designated as "qualified tax-exempt obligations" pursuant to and for <br />purposes of Section 265 of the Code. <br />(I~ EMPLOYER IDENTIFICATION NUMBER AND OTHER FORl~1 HO3H-G INFORMATION. The <br />City hereby certifies that its taxpayer identification number for federal income tax purposes is <br />GENERAL AND TAX CERTIFICATE PAGE lO <br />