Loading...
HomeMy Public PortalAbout8-SIGNATURE AND NO-LITIGATION CERTIFICATE.pdfSIGNATURE AND NO LITIGATION CERTIFICATE We, the undersigned, DO HEREBY CERTIFY that: i. We did heretofore cause to be officially documented the $1,200,000 Water and Sewer Revenue Bonds, Series 2009 of the Village of Key Biscayne, Florida (the "Village") dated November 10, 2009, issued as one Bond in the principal amount of $1,200,000 (the "Bonds"). 2. Robert L. Vernon, Mayor of the Village, has executed the Bonds by his manual signature, and the Mayor was on the date his signature was placed on the Bonds and is now the duly elected, qualified and acting Mayor of the Village. 3. We have caused the official seal of the Village to be imprinted on the Bonds, and Conchita H. Alvarez, Village Clerk of the Village, caused such seal to be attested by her signature, and said Conchita Il. Alvarez was on the date her signature was placed on the Bonds and is now the duly appointed, qualified and acting Village Clerk of the Village. 4. The seal which has been impressed on the Bonds and upon this certificate is the legally adopted, proper and only seal of the Village. 5. The Village Council, by Ordinance No. 2009-10 adopted on September 8, 2009 (the "Ordihance") and Resolution No. 2009-25 adopted on October 27, 2009 (the "Resolution", and collectively with the Ordinance, the "Bond Ordinance"), has authorized the issuance of the Bonds, and said Bond Ordinance has not been modified or amended since the date of such adoption, and is in full force and effect. 6. The Village has complied with all of the agreements and satisf~ed all conditions on its part to be performed or satisfied at or prior to delivery of the Bonds. 7. No approval, authorization, consent or other order of any public board or body which has not heretofore been obtained is required for the issuance and delivery of the Bonds. 8. No litigation or other proceedings to which the Village is a party are pending, or, to our knowledge, threatened, in any court or other tribunal of competent jurisdiction, state or federal, in any way (a) restraining or enjoining the issuance, sale or delivery of the Bonds, (b) questioning or affecting the validity of the Bonds or the pledge by the Village of the Electric Utility Tax Revenues, as specified in the Bond Ordinance, to pay the principal of and interest on the Bonds, as provided under the aforesaid documents, (c) questioning or affecting the validity of any proceedings for the authorization, sale, execution, issuance or delivery of the Bonds, (d) questioning or affecting the organization or existence of the Village or the title to off?ce of the elected officials or officers thereof, or (e) questioning or affecting the power and authority of the Village to issue the Bonds or adopt the Bond Ordinance, nor do the undersigned have any knowledge that there is any basis therefor. (M1860483_1) 9. The adoption of the Bond Ordinance and the execution, delivery, receipt and due performance of the Bonds under the circumstances contemplated thereby and compliance with the provisions thereof do not conflict with or constitute a breach of or a default under any existing law, court or administrative regulation, decree or order or any agreement, indenture, lease or other instrument to which the Village is subject or by which the Village is or may be bound. 10. There has been no material adverse change in the financial condition or operations of the Village since September 30, 2008 (the date of its last annual audited financial statements). ~i~~i~ WITNESS WHEREOF, we have hereunto set our hands and affixed the official seal this 10th day ofNovember, 2009. TITLE OF OFFICE TERM OF OFFICE EXPIRES Mayor November 9, 2010 Village Clerk Discretion of Village Council lM1860483_1)