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• (C) the termination of the obligations of the City under this section pursuant to <br /> subsection (d); <br /> (D) any change in the accounting principles pursuant to which the financial <br /> statements constituting a portion of the Disclosure Information are <br /> prepared; and <br /> (E) any change in the fiscal year of the City. <br /> (c) Manner of Disclosure. The City agrees to make available the information described <br /> in subsection (b) to the following entities by telecopy, overnight delivery, mail or other means, as <br /> appropriate: <br /> (1) the information described in paragraph(1) of subsection (b), to each then <br /> nationally recognized municipal securities information repository under the Rule <br /> and to any state information depository then designated or operated by the State <br /> of Minnesota as contemplated by the Rule (the State Depository), if any; <br /> (2) the information described in paragraphs (2) and (3) of subsection(b), to the <br /> Municipal Securities Rulemaking Board and to the State Depository, if any; and <br /> (3) the information described in subsection (b), to any rating agency then maintaining <br /> a rating of the Bonds at the request of the City and, at the expense of such <br /> • Bondowner, to any Bondowner who requests in writing such information, at the <br /> time of transmission under paragraphs (1) or(2) of this subsection (c), as the case <br /> may be, or, if such information is transmitted with a subsequent time of release, at <br /> the time such information is to be released. <br /> (d) Term; Amendments; Interpretation. <br /> (1) The covenants of the City in this section shall remain in effect so long as any <br /> Bonds are Outstanding. Notwithstanding the preceding sentence, however, the <br /> obligations of the City under this section shall terminate and be without further <br /> effect as of any date on which the City delivers to the Registrar an opinion of <br /> Bond Counsel to the effect that, because of legislative action or final judicial or <br /> administrative actions or proceedings, the failure of the City to comply with the <br /> requirements of this section will not cause participating underwriters in the <br /> primary offering of the Bonds to be in violation of the Rule or other applicable <br /> requirements of the Securities Exchange Act of 1934, as amended, or any statutes <br /> or laws successory thereto or amendatory thereof. <br /> (2) This section (and the form and requirements of the Disclosure Information) may <br /> be amended or supplemented by the City from time to time, without notice to <br /> (except as provided in paragraph(c)(3) hereof) or the consent of the Owners of <br /> any Bonds, by a resolution of this Council filed in the office of the recording <br /> officer of the City accompanied by an opinion of Bond Counsel, who may rely on <br /> • certificates of the City and others and the opinion may be subject to customary <br /> -5- <br />