Laserfiche WebLink
~2~ A legal opinion has been rendere <br />d by general <br />counsel for the Bonneville Power Administrat' <br />ion that the <br />Bonneville Power Administration is author' <br />ized by law to <br />pay the interest and principal on the bon <br />ds and has a <br />legal obligation to do so ursuant to ~ ' <br />p the Residential <br />Weatherization Program Conservation A ree <br />g went, executed <br />by the United States of America De art <br />r p went of Energy, <br />acting by and through the Bo ' <br />nneville Power <br />Administration, and the Cit dated Se <br />Y ptember 29, 1983, <br />as the same is or may be amended and su <br />pplemented from <br />time to time, yr any agreement in subs ' <br />titution therefor; <br />or the Amendatory Residential Weatherization <br />Revenue Bond <br />Financing Agreement, executed b the ' <br />y United States of <br />America, Department of Energy, actin b <br />g y and through the <br />Bonneville Power Administration, and the Cit <br />y, dated June <br />l0, 1985, as the same is or ma be <br />Y amended or <br />supplemented from time to time. <br />~3} General counsel for the Cit has re ' <br />Y viewed the <br />Bond Resolution and any other resolutions <br />of the Board <br />enacted pursuant to this Ordinance and has ' <br />determined <br />that such resolutions} do not conflict ' <br />with the terms <br />and conditions prescribed by this Ordinance <br />Section 3. Re ortin . The Board shall s ' <br />--~~~~-~ ubmit tv the City of <br />Eugene the following reports on Au ust 1 a <br />g fter the first sale of <br />bonds and on each October 1 thereafter ` <br />until the bonds have been <br />paid and retired. <br />Ordinance - 6 <br />