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Appendix G <br />Page 2 <br />requested by an authorized representative of DTC. The deposit of the Bonds with DTC and their <br />registration in the name of Cede & Co. or such other DTC nominee do not effect any change in beneficial <br />ownership. DTC has no knowledge of the actual Beneficial Owners of the Bonds; DTC’s records reflect <br />only the identity of the Direct Participants to whose accounts such Bonds are credited, which may or may <br />not be the Beneficial Owners. The Direct and Indirect Participants will remain responsible for keeping <br />account of their holdings on behalf of their customers. <br /> <br />Conveyance of notices and other communications by DTC to Direct Participants, by Direct <br />Participants to Indirect Participants, and by Direct Participants and Indirect Participants to Beneficial <br />Owners will be governed by arrangements among them, subject to any statutory or regulatory <br />requirements as may be in effect from time to time. Beneficial Owners of the Bonds may wish to take <br />certain steps to augment the transmission to them of notices of significant events with respect to the <br />Bonds, such as redemptions, tenders, defaults, and proposed amendments to the Trust Agreement. For <br />example, Beneficial Owners of the Bonds may wish to ascertain that the nominee holding the Bonds for <br />their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the alternative, Beneficial <br />Owners may wish to provide their names and addresses to the registrar and request that copies of notices <br />be provided directly to them. <br /> <br />Redemption notices shall be sent to DTC, if less than all of the Bonds within a maturity are being <br />redeemed. DTC’s practice is to determine by lot the amount of the interest of each Direct Participant in <br />each issue to be redeemed. <br /> <br />Neither DTC nor Cede & Co. (nor any other DTC nominee) will consent or vote with respect to <br />the Bonds unless authorized by a Direct Participant in accordance with DTC’s MMI Procedures. Under its <br />usual procedures, DTC mails an Omnibus Proxy to the Issuer as soon as possible after the record date. <br />The Omnibus Proxy assigns Cede & Co.’s consenting or voting rights to those Direct Participants to <br />whose accounts the Bonds are credited on the record date (identified in a listing attached to the Omnibus <br />Proxy). <br /> <br />Payments of principal of, premium, if any, and interest on the Bonds will be made to Cede & Co., <br />or such other nominee as may be requested by an authorized representative of DTC. DTC’s practice is to <br />credit Direct Participants’ accounts upon DTC’s receipt of funds and corresponding detail information <br />from the City, the Authority or the Trustee, on payable date in accordance with their respective holdings <br />shown on DTC’s records. Payments by Participants to Beneficial Owners will be governed by standing <br />instructions and customary practices, as is the case with securities held for the accounts of customers in <br />bearer form or registered in “street name,” and will be the responsibility of such Participant and not of <br />DTC, the Trustee, the City or the Authority, subject to any statutory or regulatory requirements as may be <br />in effect from time to time. Payments of principal of, premium, if any, and interest on the Bonds by Cede <br />& Co (or such other nominee as may be requested by an authorized representative of DTC) is the <br />responsibility of the City, the Authority or the Trustee, disbursement of such payments to Direct <br />Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial <br />Owners will be the responsibility of Direct and Indirect Participants. <br /> <br />DTC may discontinue providing its services as depository with respect to the Bonds at any time <br />by giving reasonable notice to the City, the Authority or the Trustee. Under such circumstances, in the <br />event that a successor depository is not obtained, Bond certificates are required to be printed and <br />delivered. <br /> <br />The Authority may decide to discontinue use of the system of book-entry transfers through DTC <br />(or a successor securities depository). In that event, Bond certificates will be printed and delivered. <br /> <br />The foregoing information concerning DTC and DTC’s book-entry system has been provided by <br />DTC, and neither the Authority nor the Trustee takes any responsibility for the accuracy thereof. <br /> <br />NEITHER THE AUTHORITY NOR THE TRUSTEE WILL HAVE ANY RESPONSIBILITY OR <br />OBLIGATION TO DTC PARTICIPANTS, INDIRECT PARTICIPANTS OR BENEFICIAL OWNERS WITH <br />RESPECT TO THE PAYMENTS OR THE PROVIDING OF NOTICE TO DTC PARTICIPANTS, <br />INDIRECT PARTICIPANTS OR BENEFICIAL OWNERS OR THE SELECTION OF BONDS FOR <br />REDEMPTION. <br />8.C. - Page 105