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(b) The sale must be made as authorized by law. <br />(c) The sale must be for fair market value as defined in Minnesota Statutes, Section 16A.695 as then in <br />effect. <br />(d) The Recipient obtains the prior written consent of the Commissioner of Minnesota Management and <br />Budget. <br />Section 4.4 Changes to Minnesota Statute 16A.695 or the Order. In the e0ent that Minnesota Statutes <br />Section 16A.695 or the order is amended in a manner that reduces any tequrement imposed upon the <br />Recipient, or if the Recipient's interest in the State Bond Financed, papety is exempt from Minnesota <br />Statutes, Section 16A.695 or the Order, then upon written request,y tote Recipient, the Authority will <br />enter into and execute an amendment to this Agreement to hAj iient that"t»endment to, or exempt <br />the interest in the Project from, Minnesota Statutes, SectioP"­�§A.695 and the Order. <br />Section 4.5 Waiver. The Authority may waive tl e',;t'equirements of Article 44t any time upon <br />determination by the Authority, and after notifying`t�ie Coinmissionef-.of Minnesota Management and <br />Budget, that the Project has not been and will not "be funded fr6iAhe proceeds of mate general <br />obligation bonds. <br />Section 5.1 Information for Disclosure Ddoret <br />such information with respect to the Recipient, jt <br />requested by the Authority, and hereby consni <br />used in connection sale or thii <br />respect to its Bonds (6)lactively, tits>"Disclosui <br />proceeds of Bonds �r will be I' ed to the <br />— DISCLOSU <br />s .(a)?The Recipient 6grees to provide to the Authority <br />duties, gperat1ons and f(iifictions as may be reasonably <br />to its inclu§ion an -fie Authority's official statements) <br />e7rriarlteting of it"sBonds or continuing disclosure with <br />006ments"), whether or not all or a portion of the <br />(b) At the request of the'Athoa#y, th"'Re , cipiprit willertify and represent that the information with <br />respect tothRecipaent in any T�)selosure Doctiinent.doesnot contain any untrue statement of a material <br />fact o to stele a mtertal fait necessary to make the statements made, in light of the circumstances <br />u rider*,' hich they wire lade, not misleading; provided, however, that in no event will the Authority <br />reuIre the Recipient to mike any fepresentation about any other information in the Disclosure <br />DocUrnens or as to any Disclosure Document in its entirety. If for any reason the Recipient determines <br />that it is not,�able to make ha) certification and representation, it will provide to the Authority the <br />informat oq fir, inclusion t i to Disclosure Documents necessary for the Recipient to make the <br />certification anif-ieuresenta,jor . <br />(c) If at any time dut�ng lte' period ending 90 days after the date the Recipient provides information to <br />Authority for inclusionina Disclosure Document any event occurs that the Recipient believes would <br />cause the information with respect to the Recipient in the Disclosure Document to omit a material fact <br />or make the statements therein misleading, the Recipient agrees to promptly notify the Authority in <br />writing of that event and provide information for inclusion in the Disclosure Document or an amendment <br />thereof or a supplement thereto. At the request of the Authority, the Recipient will also provide the <br />certification and representation required in (b) above with respect to that information. <br />Lino Lakes_DWRF_01 Page 8 of 12 <br />A-9 <br />