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AgdaPkt 2013-05-20 Closed Cancelled and Special
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AgdaPkt 2013-05-20 Closed Cancelled and Special
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Last modified
5/30/2013 3:32:59 PM
Creation date
5/16/2013 3:56:45 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Public Finance Authority
Date
5/20/2013
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At17.A. - Page 104 <br /> Neither the Authority nor the Trustee can give any assurances that DTC, DTC Participants, <br /> Indirect Participants or others will distribute payments of principal of, premium, if any, and interest on <br /> the Bonds paid to DTC or its nominee,as the registered Owner,or any redemption or other notice, to the <br /> Beneficial Owners or that they will do so on a timely basis or that DTC will serve and act in a manner <br /> described in this Official Statement. <br /> In the event that the book-entry system is discontinued as described above, the requirements of <br /> the Trust Agreement will apply. <br /> The City, the Authority and the Trustee cannot and do not give any assurances that DTC, the <br /> Participants or others will distribute payments of principal,interest or premium,if any,evidenced by the <br /> Bonds paid to DTC or its nominee as the registered owner, or will distribute any redemption notices or <br /> other notices,to the Beneficial Owners,or that they will do so on a timely basis or will serve and act in the <br /> manner described in this Official Statement. Neither the Authority nor the Trustee are responsible or <br /> liable for the failure of DTC or any Participant to make any payment or give any notice to a Beneficial <br /> Owner with respect to the Bonds or an error or delay relating thereto. <br /> Appendix G <br /> Page 3 <br />
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