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RES 87418
City of Pleasanton
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RES 87418
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10/26/2017 4:23:58 PM
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12/6/1999 11:19:45 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
9/15/1987
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the damaged or destroyed portion of Capital Projects I and II, <br />pursuant to the procedure set forth in Section 7 for proceeds <br />of insurance), and may at its option prepay from any source of <br />available moneys for prepayment of Certificates on or after <br /> 1, 19__, pursuant to Section 4.01(d) of the Trust <br />Agreement, and may, at its option defease and discharge the <br />interest and principal components of the Certificates pursuant <br />to Article X of the Trust Agreement, all or any part (in an <br />integral multiple of $5,000) of the principal components of <br />Base Rental payments then unpaid so that the aggregate annual <br />amounts of principal components of Base Rental payments which <br />shall be payable after such prepayment date shall be as nearly <br />proportional as practicable to the aggregate annual amounts of <br />principal components of Base Rental payments unpaid prior to <br />the prepayment date, at a prepayment amount equal to the sum <br />of the principal component prepaid plus accrued interest <br />thereon to the date of prepayment, plus any applicable <br />premium. Before making any prepayment pursuant to this <br />Section, the City shall, within five (5) days following the <br />event creating such obligation to prepay, give written notice <br />to the Corporation describing such event and specifying the <br />date on which the prepayment will be made, which date shall be <br />not less than thirty (30) days from the date such notice is <br />given. <br /> <br /> Section 14. Right of Entry. <br /> <br /> The Corporation and its assignees shall have the <br />right to enter the Demised Premises and Capital Projects I and <br />II during reasonable business hours (and in emergencies at all <br />times) (a) to inspect the same, (b) for any purpose connected <br />with the Corporation's or the City's rights or obligations <br />under this Lease, and (c) for all other lawful purposes. <br /> <br /> Section 15. Liens. <br /> <br /> In the event the City shall at any time during the <br />term of this Lease cause any changes, alterations, additions, <br />improvements, or other work to be done or performed or <br />materials to be supplied, in or upon the Demised Premises or <br />Capital Projects I and II, the City shall pay, when due, all <br />sums of money that may become due for, or purporting to be <br />for, any labor, services, materials, supplies or equipment <br />furnished or alleged to have been furnished to or for the City <br />in, upon or about the Demised Premises or Capital Projects I <br />and II and shall keep the Demised Premises and Capital <br />Projects I and II free of any and all mechanics' or <br />materialmen's liens or other liens against the Demised <br />Premises or Capital Projects I and II or the Corporation's <br />interest therein. In the event any such lien attaches to or <br />is filed against the Demised Premises or Capital Projects I <br /> <br /> F-25 <br />1456S <br /> <br /> <br />
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