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CC RES 03-040 A RESOLUTION AUTHORIZING THE EXECUTION OF A GROUND LEASE AND A LEASE AGREEMENT PROVIDING FOR THE ACQUISITION, CONSTRUCTION AND FURNISHING OF A PUBLIC WORKS FACILITY AND A FIRE STATION AND THE LEASE THEREOF BY THE CITY, AND APPROVING THE FORM
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CC RES 03-040 A RESOLUTION AUTHORIZING THE EXECUTION OF A GROUND LEASE AND A LEASE AGREEMENT PROVIDING FOR THE ACQUISITION, CONSTRUCTION AND FURNISHING OF A PUBLIC WORKS FACILITY AND A FIRE STATION AND THE LEASE THEREOF BY THE CITY, AND APPROVING THE FORM
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4/19/2016 3:57:40 PM
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RES 2003
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CC RE 03-040 A RESOLUTION AUTHORIZING THE EXECUTION OF A GROUND LEASE AND A LEASE AGREEMENT PROVIDING FOR THE ACQUISITION, CONSTRUCTION AND FURNISHING OF A PUBLIC WORKS FACILITY AND A FIRE STATION AND THE LEASE THEREOF BY THE CITY, AND APPROVING THE FORM
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• qualifications, to the effect that: (i) such amendment or supplement (a) is made in <br /> connection with a change in circumstances that arises from a change in law or <br /> regulation or a change in the identity, nature or status of the City or the type of <br /> operations conducted by the City, or(b) is required by, or better complies with, <br /> the provisions of paragraph (b)(5) of the Rule; (ii) this section as so amended or <br /> supplemented would have complied with the requirements of paragraph (b)(5) of <br /> the Rule at the time of the primary offering of the Bonds, giving effect to any <br /> change in circumstances applicable under clause (i)(a) and assuming that the Rule <br /> as in effect and interpreted at the time of the amendment or supplement was in <br /> effect at the time of the primary offering; and (iii) such amendment or supplement <br /> does not materially impair the interests of the Bondowners under the Rule. <br /> If the Disclosure Information is so amended, the City agrees to provide, <br /> contemporaneously with the effectiveness of such amendment, an explanation of <br /> the reasons for the amendment and the effect, if any, of the change in the type of <br /> financial information or operating data being provided hereunder. <br /> (3) This section is entered into to comply with the continuing disclosure provisions of <br /> the Rule and should be construed so as to satisfy the requirements of paragraph <br /> (b)(5) of the Rule. <br /> BE IT FINALLY RESOLVED that this resolution shall be in full force and effect from <br /> and after its passage and that a certified copy hereof be provided to the Authority. <br /> Upon vote being taken thereon, the following voted in favor thereof: <br /> Hodson, Sparks, Faust, Thuesen, Horst <br /> and the following voted against the same: <br /> None <br /> whereupon the resolution was declared duly passed and adopted. <br /> • -6- <br />
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