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RESOLUTION NO. 95-75 <br />County officials who signed this Official Statement, relating to the accuracy and completeness of this <br />Official Statement and to its being a "final official statement" in the judgement of the County for the <br />purposes of SEC Rule 15c2 -12(b)(3). <br />Continuing Disclosure <br />In accordance with the requirements of Rule 15c2-12 (the "Rule") promulgated by -the Securities <br />and Exchange Commission, the County has agreed or will agree to provide, <br />(i) to each nationally recognized municipal securities information repository ("NRMSIR") and, <br />if designated by the State, the state information depository ("SID"), certain annual financial <br />information and operating data, including audited financial statements, generally consistent <br />with the information contained under the subheadings "Historical Table of Assessed <br />Value," "Historical Ad Valorem Millage Rates," "Collections" and "Comparative Ratios <br />of Bonded Debt" under the heading "AD VALOREM TAX MATTERS"; such information <br />is expected to be available on or before June 1 of each year for the fiscal year ending on <br />September 30 of the preceding calendar year, and will be made available, in addition to <br />the NRMSIR's and the SID, to each holder of Bonds who makes request for such <br />information; provided, that audited financial statements not available by June 1 will be <br />furnished as soon as practical upon completion of the audit and acceptance by the report <br />by the Board; <br />(ii) in a timely manner, to each NRMSIR or to the Municipal Securities Rulemaking Board <br />_ ("MSRB") and to the SID, notice of the occurrence of any of the following events with. <br />respect to the Bonds, if, in the judgment of the County, such event is material: <br />(a) principal and interest payment delinquencies, <br />(b) non-payment related defaults, <br />(c) unscheduled draws on debt service reserves reflecting financial difficulties, <br />(d) unscheduled draws on credit enhancements 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 />security, . . _ <br />(g) modifications to rights of security holders, <br />(h) bond calls, <br />(i) defeasances, <br />release, substitution, or sale of property securing repayment of the <br />securities, and <br />(k) rating changes; <br />3247/IND38002-9/POS-BODY-1 26 <br />103 <br />June 20, 1995 <br />PWPI <br />No 95 FACE <br />