1. MIDA Bond-Essentia Health - Laserfiche WebLink

RESOLUTION RELATING TO REVENUE BONDS ON BEHALF OF ESSENTIA HEALTH; AUTHORIZING THE ISSUANCE AND SALE THEREOF PURSUANT TO THE MUNICIPAL INDUSTRIAL DEVELOPMENT ACT OF 1955, NORTH DAKOTA CENTURY CODE, CHAPTER 40-57 AND THE EXECUTION OF DOCUMENTS BE IT RESOLVED by the County Commission of Cass County, North Dakota as follows: Section 1. Definitions 1.01. In this Resolution the following terms, when used with initial capital letters, have the following respective meanings unless the context hereof or use herein clearly requires otherwise: Act: the Municipal Industrial Development Act of 1955, North Dakota Century Code, Chapter 40-57, as amended, and all acts supplemental thereto or amendatory thereof; Bonds: the Revenue Bonds (Essentia Health) to be issued by the County, in one or more series, or subseries within a series, in an amount not to exceed $145,000,000, pursuant to this Resolution; Bond Purchase Agreement: the Bond Purchase Agreement( s) to be entered into by and between the County, the Borrower and the Underwriter with respect to the Bonds, a form of which has been made available to the County prior to this meeting; Borrower: Essentia Health, a Minnesota nonprofit corporation, its successors and aSSIgns; Code: the Internal Revenue Code of 1986, as amended; County: Cass County, North Dakota, its successors and assigns; Indenture: the Trust Indenture(s) to be executed by the County and the Trustee, a form of which has been made available to the County prior to this meeting; Joint Powers Agreement: the Joint Powers Agreement to be entered into by and among the County and the cities of Jamestown, Valley City and Wahpeton, North Dakota, a form of which has been made available to the County prior to this meeting; Loan Agreement: the Loan Agreement(s) to be executed by the County and the Borrower, a form of which has been made available to the County prior to this meeting; Official Statement: the Official Statement(s) by which the Bonds will be offered, a form of which has been made available to the County prior to this meeting; 2