6097 (EXHIBIT A - E) - Laserfiche WebLink

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(c) Neither the execution and delivery of this Ground Lease nor the Lease, nor the fulfillment of or compliance with the terms and conditions hereof or thereof, nor the consummation of the transactions contemplated hereby or thereby, conflicts with or results in a breach of the terms, conditions or provisions of any restriction or any agreement or instrument to which the City is now a party or by which the City or the Leased Property is bound; (d) The City has good and merchantable fee title to the Leased Property; (e) All taxes, assessments or impositions of any kind with respect to the Leased Property, except current taxes, if any, have been paid in full; (f) The City has not made, done, executed or suffered, and warrants that it will not make, do, execute or suffer, any act or thing whereby the City's interests in any property now or hereafter included in the Leased Property will be or may be impaired, changed or encumbered in any manner whatsoever except as permitted by this Ground Lease and the Lease; and (g) There is no proceeding pending or threatened in any court or before any governmental authority or arbitration board or tribunal relating to the Leased Property or challenging the validity of the proceedings of the City authorizing this Ground Lease and the Lease or the power or authority of the City to enter into the Lease or this Ground Lease or the validity or enforceability of the Lease or this Ground Lease or which, if adversely determined, would adversely affect the transactions contemplated by the Lease or this Ground Lease of the interest of the City under the Lease or this Ground Lease. Section 2. Lease. The City hereby leases to the Trustee, and the Trustee hereby rents and leases from the City, the Leased Property on the terms and conditions hereinafter set forth. Section 3. Term. The term of this Ground Lease will commence as of the date of the delivery hereof, and will end on February 2, 2037, unless such term is sooner terminated as hereinafter provided. Section 4. Rental. As and for rental hereunder and in consideration for the leasing of the Leased Property to the Trustee, the Trustee will take the following actions: (a) simultaneously with the delivery of this Ground Lease, enter into the Lease; (b) of $10.00; simultaneously with the delivery of this Ground Lease, pay to the City the sum (c) deposit in the Certificate Payment Fund the amount representing accrued interest on the Certificates to the date of their initial delivery; (d) Certificates; deposit in the Reserve Fund the sum of $122,962.50 from the proceeds of the (e) deposit $38,975.27 from the proceeds of the Certificates in the Delivery Costs Fund to pay Costs of Delivery; (f) deposit $1,224,762.23 from the proceeds of the Certificates in the Parking Account of the Construction Fund; -2-