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10A Action Items 2018 1105
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10A Action Items 2018 1105
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10/30/2018 7:09:23 PM
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10/30/2018 7:09:16 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
11/5/2018
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PERM
Document Relationships
PFA Reso 2018-002
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2018
Reso 2018-135
(Approved by)
Path:
\City Clerk\City Council\Resolutions\2018
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<br />D–1 <br />APPENDIX D <br />FORM OF CONTINUING DISCLOSURE CERTIFICATE <br /> $____________ <br />SAN LEANDRO PUBLIC FINANCING AUTHORITY <br />2018 LEASE REVENUE BONDS This CONTINUING DISCLOSURE CERTIFICATE (this “Disclosure Certificate”) is <br />executed and delivered by the City of San Leandro (the “City”), on behalf of itself and the San Leandro Public Financing Authority (the “Authority”), in connection with the issuance of the <br />bonds captioned above (the “Bonds”). The Bonds are being executed and delivered pursuant <br />to an Indenture of Trust dated as of December 1, 2016, as supplemented and amended pursuant to a First Supplemental Indenture of Trust dated as of December 1, 2018, each by and <br />between the Authority and the U.S. Bank National Association, as trustee (the “Trustee”) (as so <br />supplemented and amended, the “Indenture”). <br />The City covenants and agrees as follows: <br /> Section 1. Purpose of the Disclosure Certificate. This Disclosure Certificate is being <br />executed and delivered by the City for the benefit of the holders and beneficial owners of the <br />Bonds and in order to assist the Participating Underwriter in complying with S.E.C. Rule 15c2–12(b)(5). <br /> Section 2. Definitions. In addition to the definitions set forth above and in the Indenture, which apply to any capitalized term used in this Disclosure Certificate unless otherwise defined <br />in this Section 2, the following capitalized terms shall have the following meanings: <br /> “Annual Report” means any Annual Report provided by the City pursuant to, and as <br />described in, Sections 3 and 4 of this Disclosure Certificate. “Annual Report Date” means the date that is nine months after the end of the City’s fiscal <br />year (currently March 31 based on the City’s fiscal year end of June 30). <br />“Dissemination Agent” shall mean, initially, the City, or any successor Dissemination <br />Agent designed in writing by the City and which has been filed with the then current Dissemination Agent a written acceptance of such designation. <br /> <br />“Fiscal Year” means any twelve–month period beginning on July 1 in any year and extending to the next succeeding June 30, both dates inclusive, or any other twelve–month <br />period selected and designated by the City as its official fiscal year period under a Certificate of the City filed with the Trustee. <br />“MSRB” means the Municipal Securities Rulemaking Board, which has been designated <br />by the Securities and Exchange Commission as the sole repository of disclosure information for purposes of the Rule, or any other repository of disclosure information that may be designated <br />by the Securities and Exchange Commission as such for purposes of the Rule in the future. “Official Statement” means the final official statement executed by the City in connection <br />with the issuance of the Bonds.
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