6097 (EXHIBIT A - E) - Laserfiche WebLink

Home Browse Search

$1,415,000 CITY OF UNIVERSITY CITY, MISSOURI CERTIFICATES OF PARTICIPATION (CITY OF UNIVERSITY CITY, MISSOURI, PARKING FACILITY PROJECT) SERIES 1997 February10,1997 PURCHASE CONTRACT Mayor and City Council University City, Missouri Magna Trust Company St. Louis, Missouri Ladies and Gentlemen: On the basis of the representations, warranties and covenants and upon the terms and conditions contained in this Purchase Contract, the undersigned, Edward D. Jones & Co., L.P. (the "Underwriter"), and Commerce Bank, National Association (the "Placement Agent") hereby offer to purchase and solicit purchases of $1,415,000 aggregate principal amount of City of University City, Missouri, Certificates of Participation (City of University City, Missouri, Parking Facility Project), Series 1997 (the "Certificates"), to be delivered by Magna Trust Company (the "Trustee"), at the direction of the City of University City, Missouri (the "City"), under and pursuant to a Declaration and Indenture of Trust dated as of February 1, 1997 (the "Indenture") executed by the Trustee. SECTION 1. CITY'S REPRESENTATIONS, WARRANTIES AND AGREEMENTS By its acceptance hereof the City hereby represents and warrants to, and agrees with, the Underwriter, the Placement Agent and the Trustee that: (a) The City is a municipal corporatJon and constitutional charter city, organized and existing under the laws of the State of Missouri. The City is authorized (i) to lease to the Trustee pursuant to a Ground Lease dated as of February 1, 1997 (the "Ground Lease") between the City, as lessor, and the Trustee, as lessee, the real property upon which the Project (as defined in the Indenture) will be situated (together with all improvements now or to be situated thereon, the "Leased Property"), and (ii) to lease the Leased Property back from the Trustee pursuant to a Lease/Purchase Agreement dated as of February 1, 1997 (the "Lease") between the Trustee, as lessor, and the City, as lessee.