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Agenda Packets - 1996/02/12
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Agenda Packets - 1996/02/12
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Last modified
1/28/2025 4:46:26 PM
Creation date
6/19/2018 8:22:23 AM
Metadata
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
2/12/1996
Supplemental fields
City Council Document Type
City Council Packets
Date
2/12/1996
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4. Unscheduled draws on credit enhancements reflecting financial <br /> difficulties; <br /> 5. Substitution of credit or liquidity providers, or their failure to perform; <br /> 6. Adverse tax opinions or events affecting the tax-exempt status of the • <br /> security; <br /> 7. Modifications to rights of security holders; <br /> 8. Bond calls; <br /> 9. Defeasances; <br /> 10. Release, substitution, or sale of property securing repayment of the <br /> securities; <br /> 11. Rating changes. <br /> C. Assist Client in the dissemination of the Annual Report and any Significant <br /> Events that must be reported to the various repositories. <br /> D. Advisor will furnish a notification of compliance with the Continuing Disclosure <br /> requirements within 30 days after submission of the Annual Report. <br /> II. Client agrees to provide the Advisor with accurate information with respect to compiling <br /> the Annual Report in a timely manner and to fully disclose to Advisor any Significant <br /> Events as they occur. <br /> III. For its services, as specified in A above, Advisor shall be compensated in the amount of <br /> $1,500 annually for each initial same security Debt Obligation covered by the <br /> Addendum. Additional Debt Obligations of the same security will be compensated at the <br /> rate of$200 annually. <br /> Client shall be responsible for county auditor certification fees, if required, and any legal <br /> fees incurred regarding compliance or interpretation of Significant Events or filing of the. <br /> Annual Report. <br /> This Addendum shall continue for the term of each Debt Obligation or until such time as either <br /> Client or Advisor terminates it by not less than 30 days written notice to the other party. Advisor <br /> shall be relieved of all liability with respect to its obligations hereunder if any information <br /> required to be submitted to Advisor hereunder is not timely submitted to Advisor. <br /> In the event at Client's request Advisor performs services described in this Addendum <br /> reasonably understood by Advisor to be performed pursuant to the Addendum after signing by <br /> Advisor, but before signing by Client, such services shall be subject to the provisions of the <br /> Addendum as if the Addendum had been signed by both parties. <br /> Signed as of , 19 , the effective date of the Addendum. <br /> FOR CLIENT SPRINGSTED Incorporated <br /> Title Robert D. Thistle <br /> Vice President • <br /> 1-2 <br />
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