Laserfiche WebLink
required has been duly provided for, to such earlier redemption <br /> date . <br /> 20 . Continuing Disclosure. The City is the sole <br /> person with respect to the Bonds . The City hereby <br /> obligated p , <br /> agrees, in accordance with the provisions of Rule 15c2-1 (the <br /> "Rule"). ,� ) the Securities and Exchange . commission <br /> promulgated by <br /> the "Commission" ) pursuant to the Securities Exchange aAct of <br /> 1934, as amended, and a Continuing Disclosure Undertaking (the <br /> "Undertaking" ) hereinafter described to <br /> A. Provide or cause to be provided to each nationally <br /> i zed municipal securities information repository ( IINRMS IR" ) <br /> and to the appropriate state <br /> r'ecogn � information depository ("SID" ) , i f <br /> any, for the State of Minnesota, in each case as designated by <br /> accordance with the Rule, certain annual <br /> the co �ssion �n accord al <br /> financial information and operating data in accordance Frith the <br /> Undertaking.. The city reserves the right to modify from time to <br /> time the terms of the Undertaking as provided therein. <br /> B. Provide or cause to be provided, in a timely manner, to <br /> each NRMSIR or to the Municipal Securities Rulemaking Board <br /> P <br /> +� (ii) the SID, notice of the occurrence of certain <br /> MSRB � and � <br /> material events with respect to the Bonds in accordance with the <br /> Undertaking. <br /> C. Provide or cause to be provided, in a timely manner, to <br /> each NRMS IR or to the MSRB and (ii) the SID, notice of a <br /> failure y y <br /> b the city to provide the annual financial information <br /> with respect to the City described in the Undertaking. <br /> The City agrees that its covenants pursuant to the Mule <br /> D. � y g he Undertaking is intended <br /> set forth in this paragraph 20 and in t g <br /> to be for the benefit of the Molders of the Bonds and shall be <br /> enforceable on behalf of such Holders; provided that the right to <br /> enforce provisions rovisions of these covenants shall be limited to a <br /> right to obtain specific enforcement of the City' s obligations <br /> under the covenants. <br /> g <br /> The Mayor and Manager of the . city, or any other officer of <br /> the City authorized to act in their place with "officers" are <br /> hereby <br /> authorized and directed to execute on behalf of the City <br /> the Undertaking in substantially the form presented to the City <br /> Council � <br /> ricil sub 'ect to such modifications thereof or additions <br /> thereto as are W consistent with the requir`e�ment s under the <br /> Rule, ( . <br /> , ) required by the Purchaser of the Bonds, and (iii) <br /> ��. <br /> acceptable to the Officers , <br /> 906107.01 4 <br />