Laserfiche WebLink
<br />1.1 <br />I, <br />I <br />\ I' I' ,I. ( <br /> <br /> <br />.01. The City hereby covenants and agrees that it will comply with and carry out all of <br />he provisions of the Continuing Disclosure Certificate. Notwithstanding any other <br />rovision of this Resolution, failure of the City to comply with the Continuing Disclosure <br />ertificate is not to be considered an event of default with respect to the Bonds; however, <br />y Bondholder may take such actions as may be necessary and appropriate, including <br />eeking mandate or specific performance by court order, to cause the City to comply with <br />ts obligations under this section. <br /> <br />.02. "Continuing Disclosure Certificate" means that certain Continuing Disclosure <br />ertificate executed by the Mayor and City Manager and dated the date of issuance and <br />elivery of the Bonds, as originally executed and as it may be amended from time to time <br />n accordance with the terms thereof. <br /> <br />Section 8. Defeasance. When all Bonds and all interest thereon, have been <br />ischarged as provided in this section, all pledges, covenants and other rights granted by <br />his resolution to the holders of the Bonds will cease, except that the pledge of the full <br />aith and credit of the City for the prompt and full payment of the principal of and interest <br />n the Bonds will remain in full force and effect. The City may discharge all Bonds <br />hich are due on any date by depositing with the Registrar on or before that date a sum <br />ufficient for the payment thereof in fulL If any Bond should not be paid when due, it <br />ay nevertheless be discharged by depositing with the Registrar a sum sufficient for the <br />ayment thereof in full with interest accrued to the date of such deposit. <br /> <br />SJB-25 Ovl <br />NE136- 4 <br /> <br />II <br />,I, <br />I <br />