Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the sale of General Obligation Urban Renewal Bonds, Series 2026A
resolution, agenda item I-3
Document 679
Dated February 3, 2026City Council — regular meeting, February 3, 2026 33 pages
Resolution 2026-007
Adopted at the City Council — regular meeting, February 3, 2026 — from the minutes and the signed copy's text.
Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the sale of General Obligation Urban Renewal Bonds, Series 2026A, Page 25 of 33
Text from the PDF text layer; check the PDF for anything that matters.Tiffin / 436989-52 / CDC over 10M
Section 10. Default. In the event of a failure of the Issuer to comply with any
provision of this Disclosure Certificate, any Holder or Beneficial Owner may take such actions
as may be necessary and appropriate, including seeking mandate or specific performance by
court order, to cause the Issuer to comply with its obligations under this Disclosure Certificate.
Direct, indirect, consequential and punitive damages shall not be recoverable by any person for
any default hereunder and are hereby waived to the extent permitted by law. A default under
this Disclosure Certificate shall not be deemed an event of default under the Resolution, and the
sole remedy under this Disclosure Certificate in the event of any failure of the Issuer to comply
with this Disclosure Certificate shall be an action to compel performance.
Section 11. Duties, Immunities and Liabilities of Dissemination Agent. The
Dissemination Agent, if any, shall have only such duties as are specifically set forth in this
Disclosure Certificate, and the Issuer agrees to indemnify and save the Dissemination Agent, its
officers, directors, employees and agents, harmless against any loss, expense and liabilities
which it may incur arising out of or in the exercise or performance of its powers and duties
hereunder, including the costs and expenses (including attorneys’ fees) of defending against any
claim of liability, but excluding liabilities due to the Dissemination Agent’s negligence or
willful misconduct. The obligations of the Issuer under this Section shall survive resignation or
removal of the Dissemination Agent and payment of the Bonds.
Section 12. Beneficiaries. This Disclosure Certificate shall inure solely to the benefit
of the Issuer, the Dissemination Agent, the Participating Underwriters and Holders and
Beneficial Owners from time to time of the Bonds, and shall create no rights in any other person
or entity.
Dated: February 17, 2026
CITY OF TIFFIN, IOWA
By____________________________________
Mayor
Attest:
By____________________________________
City Clerk
-6-
Sources
- City agenda center (revize): Attachment (HanA4sT2TicWbJk2mYTl2WD2xFocXG.pdf) — where it was found first seen Oct 12, 2026
Attached to agenda item: I-3 Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the...
In the town's history
History notes, checked research claims and dated events of the town's history that cite this document.
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February 3, 2026 Spending
The February 3, 2026 staff report on the bond resolution provided for $13,500,000 of General Obligation Urban Renewal Bonds, Series 2026A, for the Community/Recreation Center Development Project.
“provides for the issuance of $13,500,000 General Obligation Urban Renewal Bonds, Series 2026A, to finance the Community/Recreation Center Development Project”
document 679, p. 1, meeting, project, 2020s
Data last updated November 9, 2026. Built from the archive's documents; see how the data is built.