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Agda Pkt 2024.08.26 Regular Meeting
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Agda Pkt 2024.08.26 Regular Meeting
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8/27/2024 10:48:21 AM
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8/27/2024 10:41:05 AM
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CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
8/26/2024
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C-2 <br />4887-1989-4478v4/200356-0620 <br />(e) Maturity means Bonds with the same credit and payment terms. Bonds with <br />different maturity dates, or Bonds with the same maturity date but different stated interest rates, are <br />treated as separate Maturities. <br />(f) Public means any person (including an individual, trust, estate, partnership, <br />association, company, or corporation) other than an Underwriter or a related party to an Underwriter. <br />The term “related party” for purposes of this certificate generally means any two or more persons <br />who have greater than 50 percent common ownership, directly or indirectly. <br />(g) Sale Date means the first day on which there is a binding contract in writing <br />for the sale of a Maturity of the Bonds. The Sale Date of the Bonds is September ____, 2024. <br />(h) Underwriter means (i) any person that agrees pursuant to a written contract <br />with the Issuer (or with the lead underwriter to form an underwriting syndicate) to participate in the <br />initial sale of the Bonds to the Public, and (ii) any person that agrees pursuant to a written contract <br />directly or indirectly with a person described in clause (i) of this paragraph to participate in the initial <br />sale of the Bonds to the Public (including a member of a selling group or a party to a retail <br />distribution agreement participating in the initial sale of the Bonds to the Public). <br />The representations set forth in this certificate are limited to factual matters only. Nothing in <br />this certificate represents Stifel’s interpretation of any laws, including specifically Sections 103 and <br />148 of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations thereunder. <br />The undersigned understands that the foregoing information will be relied upon by the Issuer with <br />respect to certain of the representations set forth in a Certificate as to Arbitrage and Tax Compliance <br />Procedures for the Bonds and with respect to compliance with the federal income tax rules affecting <br />the Bonds, and by Jones Hall, A Professional Law Corporation in connection with rendering its <br />opinion that the interest on the Bonds is excluded from gross income for federal income tax purposes, <br />the preparation of the Internal Revenue Service Form 8038-G, and other federal income tax advice <br />that it may give to the Issuer from time to time relating to the Bonds. <br />STIFEL, NICOLAUS & COMPANY, <br />INCORPORATED <br />By: <br />Name: <br />By: <br />Name: <br />Dated: September ____, 2024 <br /> <br />8.A. - Page 238 of 255 <br />866
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