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2006-067
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2006-067
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Last modified
6/21/2017 3:39:40 PM
Creation date
9/30/2015 4:37:34 PM
Metadata
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Template:
Resolutions
Resolution Number
2006-067
Approved Date
05/23/2006
Agenda Item Number
7.G.
Resolution Type
General Obligation Bonds
Entity Name
Series 2006
Subject
General Obligation Bonds Not to Exceed $50 Million
Archived Roll/Disk#
3129
Supplemental fields
SmeadsoftID
1858
Document Relationships
2005-059
(Agenda)
Path:
\Resolutions\2000's\2005
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(B) to the extent not set forth in the CAFR, additional financial information <br />and operating data of the type included with respect to the County in the final official <br />statement prepared in connection with the sale and issuance of the Bonds (as <br />amended, the "Official Statement"), as set forth below: <br />1. Updates of information set forth in the Official Statement under <br />the principal caption"AD VALOREM TAX MATTERS" but only to the extent of <br />the tabular information therein. <br />2. Description of any indebtedness payable in whole or in part from <br />Ad Valorem Taxes (as defined in the Official Statement). <br />For purposes of this Disclosure Certificate, "Fiscal Year" means the period <br />commencing on October 1 and ending on September 30 of the next succeeding year, or <br />such other period provided by applicable law. <br />SECTION 3. REPORTING SIGNIFICANT EVENTS. The County shall <br />provide to the NRMSIRs or the Municipal Securities Rulemaking Board (the "MSRB") <br />and to the SID, on a timely basis, notice of any of the following events, if such event is <br />material with respect to the Bonds or the County's ability to satisfy its payment <br />obligations with respect to the Bonds: <br />(A) Principal and interest payment delinquencies; <br />(B) Non-payment related defaults; <br />(C) Unscheduled draws on the debt service reserve fund reflecting financial <br />difficulties; <br />(D) Unscheduled draws on credit enhancement reflecting financial difficulties; <br />(E) Substitution of credit or liquidity providers, or their failure to perform; <br />(F) Adverse tax opinions or events affecting the tax-exempt status of the <br />Bonds; <br />(G) Modifications to rights of Bondholders; <br />(H) Calls on the Bonds; <br />(I) Defeasance of the Bonds; <br />2 <br />
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