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HomeMy WebLinkAboutB09 Auth-Invest-CertQuint & Tlummig LLP $4,125,000 TUSTIN PUBLIC FINANCING AUTHORITY Water Revenue Bonds, Series 2024 (Subordinate Lien) WRITTEN REQUEST TO THE TRUSTEE REGARDING INVESTMENTS The undersigned hereby states and certifies: 2/7/24 B9 (i) that the undersigned is the duly appointed, qualified and acting Treasurer of the Tustin Public Financing Authority, a joint powers authority duly organized and existing under the laws of the State of California (the "Authority"), and as such, is familiar with the facts herein certified and is authorized to certify the same on behalf of the Authority; (ii) that the undersigned has read Sections 5.05 and 6.07 of the Indenture of Trust, dated as of February 1, 2024 (the "Indenture"), by and between the Authority and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee") and the definitions contained in the Indenture of the capitalized terms used in said Sections; (iii) that pursuant to the Indenture, of the net proceeds of the captioned bonds (the "Bonds"), the undersigned, on behalf of the Authority, hereby directs the Trustee to invest the amounts deposited this date into the funds established pursuant to the Indenture in Permitted Investments identified on Exhibit A attached hereto and by this reference incorporated herein; (iv) that all of such investments are Permitted Investments and are comprised of securities traded on established markets and are to be acquired by the Trustee in arm's length transactions without regard to the relationship of the yield of such investments to the yield of any of the Bonds; (v) that all of said Permitted Investment Securities are comprised of securities traded on established markets and are to be acquired by the Trustee in arm's length transactions for their Fair Market Value without regard to the relationship of the yield of such investments to the yield of the Bonds; and (vi) that capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Indenture. Dated: February 14, 2024 TUSTIN PUBLIC FINANCING AUTHORITY l By- 4Q L Jennifer- King,' Treasurer Z. a� el el u o 0 v v �4L � Q Q n n N N N N u u o � � u u Q v v cn cn tt M H H U) U) Q Q 4� o 00 o ° o o0 �lz 4� 4� o 0 � o 0 a� q