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07-051
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07-051
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7/9/2007 3:06:42 AM
Creation date
5/29/2007 10:08:32 AM
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it <br /> <br /> ;t <br /> I <br /> r <br /> l <br /> supplemq*t and amend this Equity Declaration from time to time in accordance with the terms of <br /> this Sectijcn. <br /> ( The Finance Director is authorized to make such supplemental or amended Equity <br /> Declarat n in a form substantially similar to the form attached as Exhibit B attached hereto. <br /> Each su supplemental or amended Equity Declaration shall be made no later than 60 days after <br /> the pay ant of any expenditure that is reasonably expected to be reimbursed from proceeds of <br /> the sale f property as described in Section 2, and shall be executed and dated by the Finance <br /> Directo <br /> In accordance with the Equity Allocation Regulation, each supplemental or <br /> amende 'Equity Declaration must generally describe the project for which the original <br /> expend e is paid and state the maximum principal amount of property sale proceeds expected <br /> to be a lied to reimburse Equity Expenditures. A project includes any property, project or <br /> progr (e.g. street capital improvement program). A project may be described by identifying-- <br /> by nam and functional purpose--the fund or account from which the original expenditure is paid <br /> (e.g. pakCs and recreation fund-recreational facility capital improvement program). <br /> je <br /> c) Each supplemental or amended Equity Declaration shall be filed with the official <br /> books d records of the City. <br /> i! <br /> H <br /> a~ <br /> (The remainder of this page is intentionally left blank.) <br /> <br /> <br /> <br /> <br /> <br /> gpge <br /> 9q <br /> <br /> <br /> <br /> iJ <br /> <br /> <br /> <br /> ! <br /> i <br /> 91 <br /> ! <br /> 1 <br /> 1 <br /> <br /> <br /> <br /> <br /> t~ <br /> 3097 5,v1 SJB NE136-214 3 <br /> 1
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