RES 94045A - Laserfiche WebLink

the Tmstee or any officer thereof shall bind and inure to the benefit of the respective successors thereof whether so expressed or not. Section 11.03. Execution of Documents by Owners. Any declaration, request or other instrument which is perntitted or required herein to be executed by Owners may be in one or more instmmerrts of similar tenor and may be executed by Owners in person or by their attorneys appointed in writing. The fact and date of the execution by any Owner or his or her attorney of any declaration, request or other instrument or of any writing appointing such attorney may be proved by the certificate of any notary public or other officer authorized to take acknowledgments of deeds to be recorded in the state or territory in which he purports to act, that the person signing such declaration, request or other instmmen[ or writing acknowledged to him the execution [hereof, or by an affidavit of a witness of such execution duly sworn to before such notary public or other officer, or by such other proof as the Trustee or the paying agent, as the case may be, may accept which it may deem sufficient. Any declamtion, request or other instmment in writing of the Owner of any Bond shall bind all future owners of such Bond with respect to anything done or suffered to be done by the Authority or the Tmstee in good faith and in accordance therewith. Section 1 L04. Waiver of Personal Liability. No board member, officer or employee of the Authority shall be individually or personally liable for the payment of the interest or principal the Bonds, but nothing contained herein shall relieve any board member, officer or employee of the Authority from the performance of any official duty provided by any applicable provisions of law or by the Installment Purchase Contract or hereby. Section 11.05. Acquisition of Bonds by Authority or the City. All Bonds acquired by the Authority or the City, whether by purchase or gift or otherwise, shall be surrendered to the Tmstee for cancellation. Section 11.06. Content of Certificates. Every Certificate of the Authority with respect to compliance with any agreement, condition, covenant or tenn contained herein shall include (a) a statement that the person or persons making or giving such certificate have read such a~eement, condition, covenant or term and the definitions herein relating thereto; (b) a statement that, in the opinion of [he signers they have made or caused to be made such examination or investigation as is necessary to enable them to express an informed opinion as to whether or not such agreement, condition, covenant or teen has been complied with; and (c) a statement as to whether, in the opinion of the signers, such agreement, condition, covenant or term has been complied with. Any certificate of the Authority may be based, insofar as it relates w legal matters, upon an ophtion of counsel unless the person making or giving such certffica[e knows that the opinion of counsel with ~ respect to the matters upon which such certificate may be based, as aforesaid, is erconeous, or in the exercise of reasonable care should have known that the same was erconeous. Any opinion of counsel may be based, insofar as it relates to factual matters or information with respect to which is in the possession of the Authority, upon a representation by an officer or officers of the Authority unless the counsel executing such opinion of counsel knows that the representation with respect to the matters or upon which his opinion may be based, as 9406'lOIZ.LA1 32