Bfc Guaranty Corp – FEBRUARY 1965 EDITION LEASE FOR REAL PROPERTY (February 24th, 1997)------------------------------------------------------------------------------ STANDARD FORM 2 U.S. GOVERNMENT FEBRUARY 1965 EDITION LEASE FOR REAL PROPERTY GENERAL SERVICES ADMINISTRATION FPR (41 CFR) 1016-601 ------------------------------------------------------------------------------ DATE OF LEASE: LEASE No. GS-11B-40155 "NEG" ------------------------------------------------------------------------------ THIS LEASE, made and entered into this date between PARCEL 49C LIMITED PARTNERSHIP whose address is: c/o Republic Properties Corporation [See Lease Rider No.2 for 1130 Connecticut Avenue, NW, #650 additional notice party] Washington, DC 20038 and whose interest in the property hereinafter described is that of OWNER, hereinafter called the LESSOR, and the UNITED STATES OF AMERICA, hereinafter called the Government. WITNESSETH: The p
Bfc Guaranty Corp – OPERATING AGREEMENT (December 16th, 1996)OPERATING AGREEMENT Between CASTLE ROCK RANCH PUBLIC IMPROVEMENTS AUTHORITY and DAWSON RIDGE METROPOLITAN DISTRICT NO. 5 Dated as of March 1, 1996 TABLE OF CONTENTS PAGE ARTICLE 1 - DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.1. DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . 2 Section 1.2. CONSTRUCTION . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.3. COMPUTATIONS . . . . . . . . . . . . . . . . . . . . . . 4 Section 1.4. COMPLIANCE CERTIFICATES AND OPINIONS . . . . . . . . . . 4 Section 1.5. FORM OF DOCUMENTS DELIVERED TO TRUSTEE . . . . . . . . . 5 ARTICLE 2 - REPR
Bfc Guaranty Corp – AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY (December 16th, 1996)AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY This AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY ("Agreement") is made and entered into this 1st day of March 1996, by and between DOUGLAS COUNTY DEVELOPMENT CORPORATION, a Colorado Corporation ("Seller") and CASTLE ROCK RANCH PUBLIC IMPROVEMENTS AUTHORITY, a Colorado nonprofit corporation ("Buyer"). RECITALS A. Seller owns certain real property (the "Property"), which is located in the County of Douglas, State of Colorado, which is described on EXHIBIT A attached hereto and made a part hereof by this reference, and all coal, oil, gas, and other minerals thereon or thereunder, any improvements located thereon and any personal property used in connection therewith, together with certain water rights described in EXHIBIT B hereto, collectively referred to as the "Premises." B. Buyer desires to purchase and Seller desires to sell the Premises subject to the
Bfc Guaranty Corp – REIMBURSEMENT AGREEMENT (December 16th, 1996)REIMBURSEMENT AGREEMENT between CASTLE ROCK PUBLIC IMPROVEMENTS AUTHORITY and BFC GUARANTY CORP. Dated as of March 1, 1996 REIMBURSEMENT AGREEMENT THIS REIMBURSEMENT AGREEMENT, dated as of March 1, 1996, made by CASTLE ROCK RANCH PUBLIC IMPROVEMENTS AUTHORITY, a Colorado nonprofit corporation (the "Authority"), in favor of BFC GUARANTY CORP., a Delaware corporation (the "Credit Enhancement Provider"). Capitalized terms used but not otherwise defined herein shall have the meanings provided in Section 17 hereof. WHEREAS, the Authority has agreed to issue its Public Facilities Revenue Bonds, Series 1996, in the aggregate principal amount of $66,975,000 (the "Bonds") in
Bfc Guaranty Corp – INTERGOVERNMENTAL AGREEMENT (December 16th, 1996)INTERGOVERNMENTAL AGREEMENT This Intergovernmental Agreement (the "Intergovernmental Agreement") is made and entered into as of this 1st day of March, 1996, by and between DAWSON RIDGE METROPOLITAN DISTRICT NO. 1 ("District 1"), DAWSON RIDGE METROPOLITAN DISTRICT NO. 2 ("District 2"), DAWSON RIDGE METROPOLITAN DISTRICT NO. 3 ("District 3"), DAWSON RIDGE METROPOLITAN DISTRICT NO. 4 ("District 4" and together with Districts 1 through 3, the "Related Districts"), and DAWSON RIDGE METROPOLITAN DISTRICT NO. 5 ("District 5" and together with the Related Districts, the "Districts"), all quasi-municipal corporations and political subdivisions of the State of Colorado. RECITALS WHEREAS, among the purposes for which each of the Districts was formed are the provision of potable water, sanitation, street, street lighting, irrigation water, storm drainage, park and recreation, and traffic and safety protection facilitie
Bfc Guaranty Corp – DEVELOPMENT AGREEMENT (December 16th, 1996)DEVELOPMENT AGREEMENT Dated as of March 1, 1996 between DOUGLAS COUNTY DEVELOPMENT CORPORATION A Corporation Organized Under the Laws of the State of Colorado, C. ROGER ADDLESPERGER and such Owners of the Property described herein as executed this Agreement and CASTLE ROCK RANCH PUBLIC IMPROVEMENTS AUTHORITY A Nonprofit Corporation organized under the laws of the State of Colorado TABLE OF CONTENTS PAGE ARTICLE I - DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . 2 ARTICLE II - DEVELOPMENT CHARGE OBLIGATION . . . . . . . . . . . . . . . .
Bfc Guaranty Corp – COLLATERALIZED CREDIT ENHANCEMENT AGREEMENT (December 16th, 1996)COLLATERALIZED CREDIT ENHANCEMENT AGREEMENT THIS COLLATERALIZED CREDIT ENHANCEMENT AGREEMENT (this "Agreement"), made as of the 1st day of March 1996, is by BFC GUARANTY CORP., a Delaware corporation (the "Credit Enhancement Provider"), to SOUTHTRUST BANK OF ALABAMA, NATIONAL ASSOCIATION, a national banking association (referred to herein as "Trustee"). W I T N E S S E T H: WHEREAS, Castle Rock Ranch Public Improvements Authority, a Colorado nonprofit corporation (the "Issuer"), proposes to issue, pursuant to an Indenture of Trust, dated as of the date hereof ("Indenture"), between the Issuer and the Trustee, $66,975,000 aggregate principal amount of the Issuer's Public Facilities Revenue Bonds, Series 1996 (the "Bonds"); and WHEREAS, as additional evidence of the obligations of the Issuer under the Indenture, the Issuer has executed a promissory note to the Trustee with respect to the Bonds (the "Note"); and
Bfc Guaranty Corp – BOND PLEDGE AND SECURITY AGREEMENT (December 16th, 1996)BOND PLEDGE AND SECURITY AGREEMENT Between BFC GUARANTY CORP. and SOUTHTRUST BANK OF ALABAMA, NATIONAL ASSOCIATION, as Bond Trustee and SOUTHTRUST BANK OF ALABAMA, NATIONAL ASSOCIATION, as REMIC Trustee Dated as of March 1, 1996 BOND PLEDGE AND SECURITY AGREEMENT THIS BOND PLEDGE AND SECURITY AGREEMENT (the "Pledge Agreement"), dated as of March 1, 1996, is made by and between BFC Guaranty Corp. (the "Credit Enhancement Provider") and SouthTrust Bank of Alabama, NATIONAL ASSOCIATION, in its capacity as trustee under the Bond Indenture herein described (the "Bond Trustee") and SouthTrust Bank of Alabama, NATIONAL ASSOCIATION, in its capacity a
Bfc Guaranty Corp – RECREATIONAL FACILITIES AGREEMENT (December 16th, 1996)RECREATIONAL FACILITIES AGREEMENT Between CASTLE ROCK RANCH PUBLIC IMPROVEMENTS AUTHORITY and DAWSON RIDGE METROPOLITAN DISTRICT NO. 5 Dated as of March 1, 1996 TABLE OF CONTENTS PAGE ---- ARTICLE 1 - DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.1. DEFINITIONS. . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.2. CONSTRUCTION . . . . . . . . . . . . . . . . . . . . . . 3 Section 1.3. COMPLIANCE CERTIFICATES AND OPINIONS . . . . . . . . . . 4 Section 1.4. FORM OF DOCUMENTS DELIVERED TO TRUSTEE . . . . . . . . . 5 ARTICLE 2 - REPRESENTATIONS, WARRANTIES