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Accounting Standards Board or as otherwise provided under Minnesota law, as in effect from time to time, or, if and to the extent such financial statements have not been prepared in accordance with such generally accepted accounting principles for reasons beyond the reasonable control of the City, noting the discrepancies therefrom and the effect thereof, and certified as to accuracy and completeness in all material respects by the fiscal officers of the City; and (B) To the extent not included in the financial statements referred to in paragraph (A) hereof, information of the type included in the Official Statement and set forth below for the most recent fiscal year, which information may be unaudited, but is to be certified as to accuracy and completeness in all material respects by the City's financial officer to the best of his or her knowledge, which certification may be based on the reliability of information obtained from governmental or other third party sources: 1) City Property Values; 2) City Indebtedness; and 3) City Tax Rates, Levies and Collections; Notwithstanding-the foregoing paragraph, if the audited financial statements are not available by the date specified, the City shall provide on or before such date unaudited financial statements in the format required for the audited financial statements as part of the Disclosure Information and, within 10 days after the receipt thereof, the City shall provide the audited financial statements. Any or all of the Disclosure Information may be incorporated, if it is updated as required by the Disclosure Covenants, by reference from other documents, including official statements. If the document incorporated by reference is a final official statement, it must be available from the Municipal Securities Rulemaking Board (the "MSRB"). • If any part of the Disclosure Information can no.longer be generated because the it operations of the City have materially changed or been discontinued, such Disclosure Information need no longer be-provided if the City includes in the Disclosure Information a statement to such effect; provided however, if such operations have been replaced by other City operations in respect of which data is not included in the Disclosure Information and the City determines that certain specified data regarding such replacement operations would be a Material Fact, I then, from and after such determination, the Disclosure Information shall include such additional specified data regarding the replacement operations. I If the Disclosure Information is changed or the Disclosure Covenants are amended as permitted by the Bond Resolution, then the City is to include in the next Disclosure Information to be delivered under the Disclosure Covenants, to ' the extent necessary, an explanation of the reasons for the amendment and the effect of any change in the type of financial information or operation data provided. Certain Material Events In a timely manner, notice of the occurrence of any of the following events which is a j Material Fact (the "Material Events"): (1) Principal and interest payment delinquencies; (2) Non-payment related defaults; ' (3) Unscheduled draws on debt service reserves reflecting financial difficulties; 11-2