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C150243 PIF Documents
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C150243 PIF Documents
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Last modified
8/30/2016 11:32:30 AM
Creation date
8/30/2016 11:32:15 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C150243
Contractor Name
Aurora, City of
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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conditions upon which this Note is issued and secured, including, without limitation, the nature <br /> and extent of the security for this Note, provisions with respect to the custody and application <br /> of proceeds hereof, the collection and description of the revenues and moneys charged with <br /> and pledged to the payment hereof, and also the rights and remedies of the CWCB. <br /> This Note is also issued pursuant to the Supplemental Public Securities Act, Part 2 of Article <br /> 57, Title 11, C.R.S., and this recital shall be conclusive evidence of the validity and the <br /> regularity of issuance of this Note after its delivery for value. The Loan Contract and <br /> Ordinances grant additional rights to the CWCB. <br /> 8. The CWCB shall give the BORROWER written notice of any alleged default and an <br /> opportunity to cure within thirty (30) days of receipt of such notice before the BORROWER <br /> shall be considered in default for purposes of this Promissory Note. <br /> 9. The BORROWER and any co-signer or guarantor hereby agree that if this Note or interest <br /> thereon is not paid when due or if suit is brought, then it shall p.. reasonable costs of <br /> collection, including reasonable attorney fees. In the event • any • -nkruptcy or similar <br /> proceedings, costs of collection shall include all costs and attorney -es in'urred in connection <br /> with such proceedings, including the fees of counsel attendan - eetings of creditors' <br /> committees or other committees. <br /> 10. This Note shall be governed in all resp-' is by •e laws of e State of Colorado. <br /> BORROWER: City of Aurora, acting by and <br /> through its Utility Enterprise <br /> ( SEAL ) <br /> By <br /> Ed rd J. Tauer, Mayor <br /> Attest: <br /> By <br /> Debra J on, City Clerk <br /> IN-Fr y <br /> ULL <br /> Appendix 1 to Loan Contract C150243 <br /> Page 2 of 2 <br />
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