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RES 02047
City of Pleasanton
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RES 02047
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9/16/2005 1:16:36 PM
Creation date
6/19/2002 10:20:11 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
5/7/2002
DOCUMENT NO
RES 02047
DOCUMENT NAME
BONDS
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<br />entities from time to time by the Governmental Accounting Standards Board. In addition. the <br />annual Report shall contain an annual updating ofthe following tables and infonnation contained <br />on the following pages ofthe Official Statement: <br /> <br />(i) Dwelling Unit Equivalents and Connections by classification of <br />user (Table 1); <br /> <br />(ii) Wastewater System Service Charges (Table 2); <br /> <br />(iii) Sewer Fund Revenues and Expense (Table 3); and <br /> <br />(iv) The prior fiscal year's operating results presented in a fonnat <br />substantially similar to the table entitled "Sewer Fund Projected Operating Results <br />and Bond Coverage" (Table 6) (no update for future years is required). <br /> <br />Any or all of the items listed above may be included by specific reference to other <br />documents. including official statements of debt issues of the City or related public entities. <br />which have been submitted to each of the Repositories or the Securities and Exchange <br />Commission. If the document included by reference is a final official statement. it must be <br />available from the Municipal Securities Rulemaking Board. The City shall clearly identify each <br />such other document so included by reference. <br /> <br />Section 5. Reporting of Significant Events. <br /> <br />(a) Pursuant to the provisions of this Section 5. the City shall give. or cause to <br />be given. notice of the occurrence of any of the following events with respect to the Bonds. if <br />material: <br /> <br />(I) Principal and interest payment delinquencies. <br />(2) Non-payment related defaults. <br />(3) Unscheduled draws on debt service reserves reflecting financial <br />difficulties. <br />(4) Unscheduled draws on credit enhancements reflecting financial <br />difficulties. <br />(5) Substitution of credit or liquidity providers. or their failure to <br />perfonn. <br />(6) Adverse tax opinions or events affecting the tax-exempt status of <br />the security. <br />(7) Modifications to rights of security holders. <br />(8) Bond calls. <br />(9) Defeasances. <br />(10) Release. substitution. or sale of property securing repayment of the <br />securities. <br />(11) Rating changes. <br /> <br />, <br />J <br />
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