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<br />. . . <br /> <br />Jan-08-99 11:51A First National Bank Ouray 1 970 325 4300 <br /> <br />P.05 <br /> <br />that the reasonable anticipated amount of qualified tax-exempt obligations which <br />wilt be issued by the City during 1999 does not exceed $' 0,000,000. <br /> <br />The Project shall be and is hereby determined to 00 1;11 government-owned <br />business authorized to issue its own re~s:;ua bends. The City hereby covenen!s <br />and agrees that at no time shall the Project receive , 0% vi iiiui"a ijf its annual <br />revenues in grams from an Colorado state and iocal governments combined. For <br />purposes of the foregoing, transfers to the Project from ad valorem taxes or fram <br />.funds or accounts of the City. other than the Sewer Fund shall be consjdered a <br />grant unless, in the opinion of counsel, such transfer would not affect the <br />~r:t3rp:!se status of the Project. <br /> <br />It is further recited and certified that all iequiremei"its of law and all <br />conditions precedent have been fully complied with by the City C(Juncii alid ufficers <br />of the City in the issuance of this Anticipation Warrant. <br /> <br />IN TESTIMONY WHEREOF, the City of Ouray has caused .this Anticipation <br />Warrant to be executed in the name and on behalf of thF.i City by the manual <br />slgnCiture of its Mayoi', att~~ttld arld countersigned bV the manual signature of the <br />City Treasurer and sealed with an imjJiessioii of the seal of the City, as of this Stl1 <br />day of January, 1999. <br /> <br />(SEAL} <br /> <br />CITY OF OURAY, COLORADO <br /> <br />By ~ il. J12t.k_ <br /> <br />ivi~r James H. Miller <br /> <br />ATTESTED AND COUNTERSIGNED <br /> <br />.~ .- <br />~ ~e:,.../~ <br />City Treasurer <br /> <br />This Anticipation Warram is regi$tered in the office of the Treasurer oi the <br />City of Ouray, Colorado, in the name of the owner ES'!13d below, and the principal <br /> <br />4 <br /> <br />no~ <br /> <br />VJ.l:3:0 dO ;U1;) <br /> <br />9LL9 vL9 OL6 XVd 1Z:91 661LO/Z1 <br />