Section 483 of the Local Government Act permits the City to enter into and, by legal notation on title, note on title to lands, housing agreements;
Section 483. 310.2 (emphasis added). Despite the trial court’s finding, this section has no applicability in the current dispute because the clerk did not elect to invest the monies in this fund and the clerk did not elect to make expenditures from the fund (nor did the receiver/trustee make such elections). The clerk was never given an opportunity to make such an election. Rather, the funds were invested and expended upon order of the court.
Section 483. 75(o). Notwithstanding that fact, the existence of any such privilege does not affect Sun's obligation to comply with the provisions of this CIA.
Section 483. Seller and Purchaser acknowledge and agree that, pursuant to Section 483 of the Code, payments made by Purchaser to Seller more than six months after Closing will be treated as interest for U.S. federal income tax purposes to the extent required by Section 483 of the Code.
