1. MIDA Bond-Oak Grove School - Laserfiche WebLink

(h) the Corporation shall provide the Issuer with all information required to satisfy the informational requirements set forth in Section 149(e) of the Code including the information necessary to complete Internal Revenue Service Form 8038; (i) in order to qualify the Bonds and this Loan Agreement under the "program investments" provisions of Section 1.148-1 (b) of the Treasury Regulations, the Corporation (and any "related person" thereto) will take no action the effect of which would be to disqualify this Loan Agreement as a "program investment" under said Section 1.148-1 (b), including but not limited to entering into any arrangement, formal or informal, for the Corporation to purchase bonds or notes of the Issuer in an amount related to the amount of the Bonds; (j) the Issuance Expenses will not be financed by proceeds of the Bonds (including earnings thereon) in excess of two percent (2%) of the proceeds of the Bonds, within the meaning of Section 147(g) of the Code; (k) no Bond proceeds or any sums treated as "bond proceeds" under Section 148 of the Code shall be invested in investments which cause the Bonds to be federally guaranteed within the meaning of Section 149(b) of the Code. If at any time these sums exceed, within the meaning of Section 148, (i) amounts invested for an initial temporary period until the moneys are needed for the purpose for which the Bonds are issued, (ii) investments of a bona fide debt service fund, and (iii) investments of a reserve which meet the requirement of Section 148( d) of the Code, such excess moneys shall be invested in only those investments which are (A) obligations issued by the United States Treasury, (B) other investments permitted under regulations, or (C) obligations which are (1) not issued by, or guaranteed by, or insured by, the United States or any agency or instrumentality thereof or (2) not federally insured deposits or accounts, all within the meaning of Section 149(b)(2) of the Code; (l) unless the Corporation receives an opinion of Bond Counsel that such payments are not required, the Corporation on behalf of the Issuer shall pay the United States, as a rebate, an amount equal to the sum of (i) the excess of the aggregate amount earned on all nonpurpose obligations (other than investments attributable to an excess described in this clause), over the amount which would have been earned if all nonpurpose obligations were invested at a rate equal to the yield on the Bonds, plus (ii) any income attributable to the excess described in clause (i), at the times and in the amounts required by Sections 148(f)(2) and (3) of the Code, all within the meaning of Section 148(f) of the Code. The Corporation and Lender shall maintain records of the interest rate borne by the Bonds and the investments of the Accounts established in the Resolution and earnings thereon in adequate detail to enable the Corporation to calculate the amount of any rebate required to be made to the United States. The Corporation shall pay the rebate to the United States at times and in installments which satisfy Section 148(f)(3) of the Code and the regulations, within sixty (60) days after the fifth (5th) Bond Year and after each succeeding fifth (5Ih) 7-5