resolution

Resolutions-2017-122

Dated December 20, 2017 31 pages Res. 2017-122

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15. No Obligation to Invest–The Agent will have no obligation to invest any funds in its possession. 16. Compensation of the Agent–The Issuer will pay the Agent reasonable compensation for its services based upon the schedule of fees attached or such other schedule of fees as may be agreed upon from time to time between the Agent and the Issuer. The Agent’s compensation may include the amount of any attorney fees incurred by it under Section 17 hereof. 17. Bond Counsel–When the Agent deems it necessary or reasonable it may apply to Bond Counsel for the Issuer or such other law firm or attorney approved by the Issuer for instructions or advice. 18. Termination of Agreement–This Agreement may be terminated by either party by giving the other party at least 90 days advance written notice. At termination of the Agreement, the Agent shall deliver to the Issuer any and all records, documents or other writings made or accumulated in the performance of its duties under this Agreement and shall refund the unearned balance, if any, of fees paid in advance by the Issuer. 19. Examination of Records–The Issuer or its duly authorized agents may examine all records relating to the Bonds at the principal office of the Agent at reasonable times as agreed upon with the Agent and such records shall be subject to audit from time to time at the request of the Issuer or the Agent. The Agent, on request, will furnish the Issuer with a list of the names, addresses, and other information concerning the owners of the Bonds or any of them. 20. Filing of Form 1099-INT. To the extent it is determined by the Agent or Bond Counsel for the Issuer that reports are required to be filed, the Agent agrees to comply with the provisions of the Internal Revenue Code with respect to the filing with the Internal Revenue Service and furnishing to recipients of interest on the Bonds copies of Form 1099-INT, or its substitute, annually.

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  • laserfiche: Resolutions-2017-122 (Resolutions-2017-122.pdf) — where it was found ↗ first seen Oct 12, 2026

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