2004-04-28 WS & CC Meeting - Laserfiche WebLink

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1. City Property Values 2. City Indebtedness 3. City Tax Rates, Levies and Collections In addition to the items Iisted above, the Annual Report shall include Audited Financial Statements submitted in accordance with Section 3 of this Disclosure Certificate. Any or all of the items listed above may be incorporated by reference from other documents, including official statements of debt issues of the Issuer or related public entitieS, which have been submitted to each of the Repositories or the SEC. If the document inCOlporated by reference is a final official statement, it must also be available from the MSRB. The Issuer shall clearly identify each such other document so incmporated by reference. Section 5. Reportinl1 of Material Events. (a) This Section 5 shall govern the giving of notices of the occurrence of any of the following events if material with respect to the Securities: I. Principal and interest payment delinquencies; 2. Non-payment related defaults; . 3. Unscheduled draws on debt service reserves reflecting financial difficulties; 4. Unscheduled draws on credit enhancements reflecting financial difficulties; 5. Substitution of credit or liquidity providers, or their failure to perform; 6. Adverse tax opinions or events affecting the tax-exempt status of the security; 7. Modifications to rights of security holders; 8. Bond calls; 9. Defeasances; 10. Release, substitution or sale of property securing repayment of the securities; and 11. Rating changes. (b) Whenever the Issuer obtains knowledge of the occurrence of a Material Event, the Issuer sbaI1 promptly file a notice of such occurrence with either all NRMSIRs or with the MSRB and with any SID. Notwithstanding the foregoing, notice of SJB..243206vl CElS5-21 L