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RES 20-042 AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $3,000,000 GENERAL OBLIGATION STREET RECONSTRUCTION BONDS, SERIES 2020A
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RES 20-042 AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $3,000,000 GENERAL OBLIGATION STREET RECONSTRUCTION BONDS, SERIES 2020A
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(3) <br />in the identity, nature or status of the City or the type of operations conducted by <br />the City, or (b) is required by, or better complies with, the provisions of paragraph <br />(b)(5) of the Rule; (ii) this section as so amended or supplemented would have <br />complied with the requirements of paragraph (b)(5) of the Rule at the time of the <br />primary offering of the Bonds, giving effect to any change in circumstances <br />applicable under clause (i)(a) and assuming that the Rule as in effect and interpreted <br />at the time of the amendment or supplement was in effect at the time of the primary <br />offering; and (iii) such amendment or supplement does not materially impair the <br />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 />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 />Adopted this rday of April, 2020. <br />ATTEST: /11,dif <br />City Clerk <br />Reviewed for administration: <br />y Stille, ayor <br />AA. 6/, <br />Mark Casey, City Manager <br />4852-6958-9943\5 <br />15 <br />
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