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• (B) the amendment or supplementing of this Section 7 <br /> pursuant to subsection (d), together with a copy of such amendment <br /> or supplement and any explanation provided by the City under <br /> paragraph (2) of subsection (d); <br /> (C) the termination of the obligations of the City under this <br /> Section 8 pursuant to subsection (d); <br /> (D) any change in the accounting principles pursuant to which the <br /> financial statements constituting a portion of the Disclosure Information <br /> are 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 <br /> information described in subsection (b) to the following entities by telecopy, <br /> overnight delivery, mail or other means, as 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 of <br /> 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 <br /> the 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 <br /> maintaining a rating of the Bonds and, at the expense of such Bondowner, to any <br /> Bondowner who requests in writing such information, at the time of transmission <br /> under paragraphs (1) or (2) of this subsection (c), as the case may be, or, if such <br /> information is transmitted with a subsequent time of release, at the time such <br /> information is to be released. <br /> (d) Term; Amendments; Interpretation. <br /> (1) The covenants of the City in this Section 7 shall remain in effect so long <br /> as any Bonds are Outstanding. Notwithstanding the preceding sentence, however, <br /> the obligations of the City under this Section 7 shall terminate and be without <br /> further 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 7 will not cause participating underwriters in the <br /> primary offering of the Bonds to be in violation of the Rule or other applicable <br /> • <br /> -20- <br />