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<br />05-11-99 16:49 <br /> <br />From~KENNEDV & GRAVEN <br /> <br />+6123379310 <br /> <br />T-525 P,15/17 F-614 <br /> <br />information r~4uired by law, shall constit....te a "Final Offioial Statement" of the City wittl resp~ct <br />to tne Bonds, as mat term is defined in Rule 1Sc2-12. By awarding the Sonds to any <br />underwnter or unaerwriting syndicate submining a proposal therefor, tne City agrees that, no <br />more than seven business days after the date of such award, it shall pro\liCle without cost to the <br />senior managing underwriter of the syndicat~ to which the BondS are awarCJed 30 copies of the <br />Official Stateml:.'nt and the addendum or addenda described abo"e. The City designates the <br />senior managing underwriter of the sync1icate to whicn the Bonds are awarded as its agent for <br />purposes of disnitluting copies of the Final Official Statement to each Participating UndelWriter. <br />Any underwriter aelivering a proposal with respect to the BondS agrees thereby tnat if its <br />proposal is accepted by the City (I) it shall accept such designation ana (il) it shall enter into a <br />contract~al relationship with all Participating unClerwriters of me Bonds for purposes of assuring <br />me receIpt by eacnsucn Panicipaling unoerwriter of tlltl Final Official Statement. <br /> <br />Dated May 11, 1999 <br /> <br />BY ORDER OF THE CITY COUNCIl- <br /> <br />JsJ Margaret Egan <br />Finance Director/City Clerk <br /> <br />$I1W99 9;07 AM <br /> <br />DJI(-162624 <br />NE136-149 <br />