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<br />C-3 <br />(i) A schedule of water rates in effect as of the close of the preceding fiscal <br />year, by classification of customer; in substantially the form of Table 5 and Table 6 in the <br />Official Statement; <br /> <br />(ii) Net Revenues received by the City during the preceding fiscal year and <br />the amount by which such Net Revenues provides coverage for the payments of debt <br />service coming due in such fiscal year with respect to the Installment Payments securing <br />the 2026 Bonds and any other Parity Debt, in substantially the form of Table 9 in the <br />Official Statement; <br /> <br />(iii) A description of any additional indebtedness incurred during the most <br />recently-completed fiscal year that is payable from Net Revenues on a parity or <br />subordinate basis with the Installment Payments securing the 2026 Bonds; <br /> <br />(iv) Customer information, for the most recently ended fiscal year only, in <br />substantially the form of Table 3 in the Official Statement; and <br /> <br />(v) Water System top ten customer information in substantially the form of <br />Table 4 in the Official Statement. <br /> <br />(c) In addition to any of the information expressly required to be provided under this <br />Disclosure Certificate, the City shall provide such further material information, if any, as may be <br />necessary to make the specifically required statements, in the light of the circumstances under <br />which they are made, not misleading. <br /> <br />(d) 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 are available to the public on the MSRB’s Internet website or filed with the Securities and <br />Exchange Commission. The City shall clearly identify each such other document so included by <br />reference. <br /> <br />Section 5. Reporting of Significant Events. <br /> <br />(a) The City shall give, or cause to be given, notice of the occurrence of any of the <br />following Listed Events with respect to the 2026 Bonds: <br /> <br />(1) Principal and interest payment delinquencies. <br />(2) Non-payment related defaults, if material. <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 perform. <br />(6) Adverse tax opinions, the issuance by the Internal Revenue Service of <br />proposed or final determinations of taxability, Notices of Proposed Issue <br />(IRS Form 5701-TEB) or other material notices or determinations with <br />respect to the tax status of the security, or other material events affecting <br />the tax status of the security. <br />Page 182 of 205