23-09 Anticipation Notes $850,000 Shoreline, Parks

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purchase price for the Notes; and any other terms required by this ordinance. The Director of Finance may state in the Certificate of Award any changes in the date; the maturity date, the redemption provisions, and the designation of the Notes; whether the Notes are to be consolidated with other note issues; and any other terms authorized by this ordinance, subject to the limitations stated in this ordinance. (d) Delivery. The Director of Finance must sign and deliver the Certificate of Award and must cause the Notes to be prepared, signed, and delivered, together with a true transcript of proceedings of the issuance of the Notes, to the Original Purchaser upon payment of the purchase price. Section 8. Disclosure. (a) Primary Offering Disclosure-Official Statement. This Council authorizes and directs the Mayor or the Director of Finance, or either of them, to (1) prepare or cause to be prepared, and to make or authorize modifications, completions, or changes of or supplements to, a disclosure document in the form of an official statement, (2) determine, and certify or otherwise represent, when the official statement is to be "deemed final" (except for permitted omissions) or is a final official statement for purposes of the SEC Rule, (3) use and distribute, or authorize the use and distribution of, that official statement and any supplements in connection with the original issuance of the Notes, and (4) complete and sign the fmal official statement together with certificates, statements, or other documents in connection with the finality, accuracy, and completeness of that official statement. (b) Secondary Market Disclosure-Continuing Disclosure Agreement. For the benefit of the Holders of the Notes and the beneficial owners of book-entry interests in the Notes, the City agrees, as the only obligated person with respect to the Notes under the SEC Rule, to provide financial information and operating data, financial statements, and notices, in the manner required for purposes of paragraph (b)(5)(i) of the SEC Rule. (1) Information Filing. The City further agrees, in particular, to provide: (A) to each NRMSIR and to the SID, (1) Annual Information for each City fiscal year, not later than the end of the ninth month following the end of the fiscal year, and (2) when and if available, audited City financial statements for each of those fiscal years; (B) to each NRMSIR or to the MSRB, and to the SID, in a timely manner, notce of (1) any Specified Event if that Specified Event is material, (2) the City's failure to provide the Annual Information within the time specified above, and (3) any change in the accounting principles applied in the preparation of its annual financial statements, any change in its fiscal year, its failure to appropriate -5-