Agmt08 South Bayside System Authority AKA Silicon Valley Clean Water

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(iii) a description of any revisions to the wastewater rates which were adopted or which took effect during the most recently- completed fiscal year; (iv) the Sewer Utility System's revenues and expenses and Net Revenues, including debt service and coverage ratios, for the most recently-completed fiscal year; and (y) a description of any additional indebtedness incurred by the City during the most recently-completed fiscal year which is payable from revenues of the Sewer Utility System. (c) In addition to any of the information expressly required to be provided under paragraphs (a) and (b) of this Section, the City shall provide such further information, if any, as may be necessary to make the specifically required statements, in the light of the circumstances under which they are made, not misleading. Any or all of the items listed above may be included by specific reference to other documents, including official statements of debt issues of the City or related public entities, which have been submitted to each of the Repositories or the Securities and Exchange Commission. If the document included by reference is a final official statement, it must be available from the Municipal Securities Rulemaking Board. The City shall clearly identify each such other document so included by reference. Section 5. Termination of Reporting Obligation. The City's obligations under this Disclosure Certificate shall terminate upon the payment or prepayment in full by the City of its obligations under the Financing Agreement. If such termination occurs prior to the final maturity of the Bonds, the City shall give notice of such termination in the same manner as for an Annual Report under Section 4. Section 6. Dissemination Agent. The City may, from time to time, appoint or engage a Dissemination Agent to assist it in carrying out its obligations under this Disclosure Certificate, and may discharge any such Agent, with or without appointing a successor Dissemination Agent. Section 7. Amendment; Waiver. The City may amend this Disclosure Certificate, and any provision of this Disclosure Certificate may be waived, provided that the following conditions are satisfied: (a) if the amendment or waiver relates to the provisions of Sections 3(a) or 4, it may only be made in connectioñ with a change in circumstances that arises from a change in legal requirements, change in law, or change in the identity, nature or status of an obligated person with respect to the Bonds, or type of business conducted; (b) the undertakings herein, as proposed to be amended or waived, would, in the opinion of nationally recognized bond counsel, have complied with the requirements of the Rule at the time of the primary offering of the Bonds, after taking into account any B-3