AgdaPkt 2020-08-10 Special Joint SA PFA

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6.A. - Page 27 of 29 The Disclosure Coordinator shall file the Annual Filing with the MSRB through EMMA by the deadline established by each continuing disclosure undertaking of the City. The Disclosure Coordinator shall exercise reasonable care to file the Annual Filing in the format and with the required identifying information, including applicable CUSIP numbers for the City's bonds. Listed Event Notices The list of Listed Events applicable to continuing disclosure undertakings executed on or after February 27, 2019 is attached hereto as Exhibit A. Listed Events are required to be filed with EMMA within 10 business days following their occurrence. The Disclosure Coordinator shall request in writing that the City Manager, City Attorney and ACM/CT notify the Disclosure Coordinator immediately after learning of any Listed Event, regardless of materiality, and repeat such request in a quarterly reminder. The Disclosure Coordinator shall consult with disclosure counsel and the City Attorney to determine if a Listed Event is material, if materiality is a requirement. The ACM/CT and City Attorney shall promptly review and approve or comment on the Listed Event notice. The Disclosure Coordinator shall incorporate such comments into the Listed Event notice to be filed with EMMA. The Disclosure Coordinator shall not file the Listed Event notice until it is approved by the City Attorney, unless the Listed Event notice (a) gives notice of a rating change, bond call, or defeasance or (b) such approval has not been received by the applicable filing deadline (10 business days). The Disclosure Coordinator shall file the Listed Event notice with the MSRB through EMMA within 10 business days or, if the facts cannot be correctly and fairly described by the deadline, then as soon thereafter as possible. The Disclosure Coordinator shall exercise reasonable care to file the Listed Event notice in the format and with the identifying information required by the Disclosure Agreements, including CUSIP numbers for the applicable bonds of the City. Effective February 27, 2019, the City Manager, City Attorney or ACM/CT, as applicable, will provide written notice to the Disclosure Coordinator of receipt by the City of a notice of any default, event of acceleration, termination event, modification of terms (only if material or may reflect financial difficulties), or other similar events (collectively, a "Potentially Reportable Event") received by the City under any agreement or obligation to which the City is a party and which may be a "financial obligation" as discussed below. Such written notice should be provided by the City Manager, City Attorney or ACM/CT, as applicable, to the Disclosure Coordinator as soon as the City Manager, City Attorney or ACM/CT, as applicable, is placed on written notice by City staff, consultants, or external parties of such event or receives written notice of such event so that the Disclosure Coordinator can determine, with the assistance of disclosure counsel, whether notice of such Potentially Reportable Event is required to be filed on EMMA pursuant to the disclosure requirements of SEC Rule 15c2-12. If filing on EMMA is required, the filing is due within 10 business days of such Potentially Reportable Event to comply with the continuing disclosure undertaking for the various debt obligations of the City. City Attorney or other senior staff (i.e. City Manager, ACM/CT, or other executive positions within the City), as applicable, will report to the Disclosure Coordinator the execution by the City of any agreement or other obligation which might constitute a "financial obligation" for purposes of Rule 15c2- ATTY/RESO.0046/CC RESO APPROVING DEPT DISCLOSURE POLICIES & PROCEDURES — EXHIBIT A REV: 05-07-19 VR Last update: 5/20/2019 Page 9 of 11 31