My WebLink
|
Help
|
About
|
Sign Out
Browse
Search
Res18 15642
RedwoodCity
>
City Clerk
>
Resolutions
>
City Council
>
Working
>
2010-2019
>
Res18 15642
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/11/2019 7:57:47 AM
Creation date
10/11/2019 7:57:38 AM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/22/2018
Description
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING DOCUMENTS AND ACTIONS RELATING TO SILICON VALLEY CLEAN WATER 2018 WASTEWATER REVENUE BONDS
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
31
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
-5- <br />discussion of the differences in the accounting principles and the impact of the change in <br />the accounting principles on the presentation of the financial information, in order to <br />provide information to investors to enable them to evaluate the ability of the Participating <br />Member to meet its obligations. To the extent reasonably feasible, the comparison shall <br />be quantitative. <br /> <br />A notice of any amendment made pursuant to this Section shall be filed in the <br />same manner as for an Annual Report. <br /> <br />Section 9. Additional Information. Nothing in this Disclosure Certificate shall be <br />deemed to prevent the Participating Member from disseminating any other information, <br />using the means of dissemination set forth in this Disclosure Certificate or any other means <br />of communication, or including any other information in any Annual Report, in addition to <br />that which is required by this Disclosure Certificate. If the Participating Member chooses <br />to include any information in any Annual Report in addition to that which is specifically <br />required by this Disclosure Certificate, the Participating Member shall have no obligation <br />under this Disclosure Certificate to update such information or include it in any future <br />Annual Report. <br /> <br />Section 10. Default. If the Participating Member fails to comply with any provision <br />of this Disclosure Certificate, the Participating Underwriter or any holder or beneficial <br />owner of the Bonds may take such actions as may be necessary and appropriate, <br />including seeking mandate or specific performance by court order, to cause the <br />Participating Member to comply with its obligations under this Disclosure Certificate. A <br />default under this Disclosure Certificate shall not be deemed an Event of Default under <br />the Indenture, and the sole remedy under this Disclosure Certificate in the event of any <br />failure of the Participating Member to comply with this Disclosure Certificate shall be an <br />action to compel performance. <br /> <br />Section 11. Duties, Immunities and Liabilities of Dissemination Agent. <br /> <br />(a) The Dissemination Agent shall have only such duties as are specifically set <br />forth in this Disclosure Certificate, and the Participating Member agrees to indemnify and <br />save the Dissemination Agent, its officers, directors, employees and agents, harmless <br />against any loss, expense and liabilities which they may incur arising out of or in the <br />exercise or performance of its powers and duties hereunder, including the costs and <br />expenses (including attorneys’ fees) of defending against any claim of liability, but <br />excluding liabilities due to the Dissemination Agent’s negligence or willful misconduct. The <br />Dissemination Agent shall have no duty or obligation to review any information provided <br />to it by the Participating Member hereunder, and shall not be deemed to be acting in any <br />fiduciary capacity for the Participating Member, the Bond holders or any other party. The <br />obligations of the Participating Member under this Section shall survive resignation or <br />removal of the Dissemination Agent and payment of the Bonds. <br /> <br />(b) The Dissemination Agent shall be paid compensation by the Participating <br />Member for its services provided hereunder in accordance with its schedule of fees as <br />amended from time to time, and shall be reimbursed for all expenses, legal fees and <br />advances made or incurred by the Dissemination Agent in the performance of its duties <br />hereunder. <br />
The URL can be used to link to this page
Your browser does not support the video tag.