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EXHIBIT I <br />FORM OF CLOSING CERTIFICATE <br />Reference is made to that certain WIFIA Loan Agreement, dated as of June 25, 2020 (the <br />“WIFIA Loan Agreement”), by and among the City of North Miami Beach (the “Borrower”) <br />and the United States Environmental Protection Agency, acting by and through the Administrator <br />(the “WIFIA Lender”). Capitalized terms used in this certificate and not defined shall have the <br />respective meanings ascribed to such terms in the WIFIA Loan Agreement. <br />In connection with Section 11(a) (Conditions Precedent – Conditions Precedent to Effectiveness) <br />of the WIFIA Loan Agreement, the undersigned, \[___\], as Borrower’s Authorized Representative, <br />does hereby certify on behalf of the Borrower and not in his/her personal capacity, as of the date <br />hereof: <br />(a)pursuant to Section 11(a)(viii) of the WIFIA Loan Agreement, attached hereto as <br />Annex A is an incumbency certificate that lists all persons, together with their <br />positions and specimen signatures, who are duly authorized by the Borrower to <br />execute the Related Documents to which the Borrower is or will be a party, and <br />who have been appointed as a Borrower’s Authorized Representative in accordance <br />with Section 21 (Borrower’s Authorized Representative) of the WIFIA Loan <br />Agreement; <br />(b)pursuant to Section 11(a)(ii) of the WIFIA Loan Agreement, the Borrower has <br />delivered to the WIFIA Lender copies of each Bond Authorization Document, <br />together with any amendments, waivers or modifications thereto, that has been <br />entered into on or prior to the Effective Date, and each such document is complete, <br />fully executed, and in full force and effect, and all conditions contained in such <br />documents that are necessary to the closing of the WIFIA transactions contemplated <br />hereby have been fulfilled; <br />(c)pursuant to Section 11(a)(iii) of the WIFIA Loan Agreement, the Borrower has <br />delivered to the WIFIA Lender copies of each Existing Principal Project Contract, <br />together with any amendments, waivers or modifications thereto, and each such <br />document is complete, fully executed, and in full force and effect; <br />(d)pursuant to Section 11(a)(iv) of the WIFIA Loan Agreement, the Borrower has <br />delivered to the WIFIA Lender a copy of the Borrower’s Organizational <br />Documents, as in effect on the Effective Date, which Organizational Documents <br />are in full force and effect. Other than the Bond Authorization Documents, there <br />are no additional instruments or documents necessary for the Borrower to execute <br />and deliver, or to perform its obligations under, the WIFIA Loan Documents to <br />which it is a party and to consummate and implement the transactions contemplated <br />by the WIFIA Loan Documents; <br />(e)pursuant to Section 11(a)(viii)(1) of the WIFIA Loan Agreement, the aggregate of <br />all funds committed to the development and construction of the Project as set forth <br />EXHIBIT I-1 <br /> <br />