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CC RES 04-039 RESOLUTION RELATING TO $2,075,000 GENERAL OBLIGATION TEMPORARY IMPROVEMENT BONS, SERIES 2004B; AWARDING THE SALE, FICING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM T
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CC RES 04-039 RESOLUTION RELATING TO $2,075,000 GENERAL OBLIGATION TEMPORARY IMPROVEMENT BONS, SERIES 2004B; AWARDING THE SALE, FICING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM T
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RES 2004
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CC RES 04-039 RESOLUTION RELATING TO $2,075,000 GENERAL OBLIGATION TEMPORARY IMPROVEMENT BONS, SERIES 2004B; AWARDING THE SALE, FICING THE FORM AND DETAILS AND PROVIDING FOR THE EXECUTION AND DELIVERY THEREOF AND SECURITY THEREFOR AND LEVYING AD VALOREM T
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• (B) To the extent not included in the financial statements referred to in <br /> paragraph(A)hereof, the information for such fiscal year or for the period most <br /> recently available of the type set forth below,which information may be <br /> unaudited,but is to be certified as to accuracy and completeness in all material <br /> respects by the City's financial officer to the best of his or her knowledge,which <br /> certification may be based on the reliability of information obtained from <br /> governmental or third party sources: <br /> • Current Property Valuations <br /> • Direct Debt <br /> • Tax Levies and Collections <br /> • Population Trend <br /> • Employment/Unemployment <br /> Notwithstanding the foregoing paragraph, if the audited financial <br /> statements are not available by the date specified, the City shall provide on or <br /> before such date unaudited financial statements in the format required for the <br /> audited financial statements as part of the Disclosure Information and, within 10 <br /> days after the receipt thereof, the City shall provide the audited financial <br /> statements. <br /> Any or all of the Disclosure Information may be incorporated by <br /> • reference, if it is updated as required hereby, from other documents, including <br /> official statements, which have been submitted to each of the repositories <br /> hereinafter referred to under subsection (b) or the SEC. If the document <br /> incorporated by reference is a final official statement, it must be available from <br /> the Municipal Securities Rulemaking Board. The City shall clearly identify in the <br /> Disclosure Information each document so incorporated by reference. <br /> If any part of the Disclosure Information can no longer be generated <br /> because the operations of the City have materially changed or been discontinued, <br /> such Disclosure Information need no longer be provided if the City includes in the <br /> Disclosure Information a statement to such effect; provided, however, if such <br /> operations have been replaced by other City operations in respect of which data is <br /> not included in the Disclosure Information and the City determines that certain <br /> specified data regarding such replacement operations would be a Material Fact (as <br /> defined in paragraph (2)hereof), then, from and after such determination, the <br /> Disclosure Information shall include such additional specified data regarding the <br /> replacement operations. <br /> If the Disclosure Information is changed or this Section 7 is amended as <br /> permitted by this paragraph (b)(1) or subsection (d), then the City shall include in <br /> the next Disclosure Information to be delivered hereunder, to the extent <br /> necessary, an explanation of the reasons for the amendment and the effect of any <br /> • change in the type of financial information or operating data provided. <br /> -16- <br />
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