1998-10-19 Resolution 130 - Laserfiche WebLink

Home Browse Search

twenty-four (24) month period, beginning with the twenty-four (24) month period ending December 31, 1998, together with the opinion of such accountants and all notes thereto, within sixty (60) days of receipt from the State Board of Accounts; and (2) To each NRMSIR and to the SID, within 180 days of the close of each fiscal year of the City, beginning with the calendar year ending December 31, 1998, unaudited annual financial information for the City for such calendar year including (i) unaudited financial statements of the City if audited financial statements are not then available; and (ii) operating data of the type included ,under the following headings in Appendix B to the Final Official Statement ,: (collectively, the "Annual Information"): APPENDIX B - Direct Debt and Overlapping Debt - Direct Debt Issuance Limitation - Record of Taxes Levied and Collected - Assessed Valuation - Largest City Taxpayers - Total Tax Rates 1 (b) To the extent the Annual Information or audited financial statements relating . to the City referred to in paragraph (a) of this Section 4 is included in a final official statement (as that term is defined in paragraph (f)(3) of the SEC Rule) dated within one hundred twenty (120) days prior to the due date for such information for any fiscal year and filed with each NRMSIR, the SID, and the MSRB, the Obligor shall have been deemed to have provided that information as of the due date for the immediately preceding fiscal year as required by paragraphs (a)(1) and (2) of this Section 4. (c) If any Annual Information or audited financial statements relating to the City referred to in paragraph (a) of this Section 4 no longer can be generated because the operations to which they related have been materially changed or discontinued, a statement to that effect, provided by the Obligor to each NRMSIR and to the SID, along with any other Annual Information or audited financial statements required to be provided under this Agreement, shall satisfy the undertaking to provide such Annual Information or audited financial statements. To the extent available, the Obligor shall cause to be filed along with the other Annual Information or audited financial statements operating data similar to that which can no longer be provided. (d) The disclosure shall be accompanied by a certificate of an authorized representative of the Obligor in the form of Exhibit B attached hereto. ::ODMA\PCDOCS\SBDOCSI\24503\i -3-