Laserfiche WebLink
APPENDIX E <br /> FORM OF AUTHORITY CONTINUING DISCLOSURE CERTIFICATE <br /> This CONTINUING DISCLOSURE CERTIFICATE (the "Disclosure Certificate")is executed and <br /> delivered by the COUNTYWIDE PUBLIC FINANCING AUTHORITY (the "Authority") in connection <br /> with the issuance of $ aggregate principal amount of Countywide Public Financing <br /> Authority 1996 Revenue Bonds (the "Bonds"). The Bonds are being issued pursuant to an indenture of <br /> trust, dated as of July 1, 1996 (the "Indenture"),by and between the Authority and U.S.Trust Company <br /> of California,N.A.,as trustee(the"Trustee").The Authority covenants and agrees as follows: <br /> Section 1.Purpose of the Disclosure Certificate.This Disclosure Certificate is being executed and <br /> delivered by the Authority for the benefit of the holders and beneficial owners of the Bonds and in <br /> order to assist the Participating Underwriters in complying with S.E.C.Rule 15c2-12(b)(5). <br /> Section 2. Definitions. In addition to the definitions set forth in the Trust Agreement, which <br /> apply to any capitalized term used in this Disclosure Certificate unless otherwise defined in this Section <br /> 2, the following capitalized terms shall have the following meanings: <br /> "Annual Report" shall mean any Annual Report provided by the Authority pursuant to, and as <br /> described in,Sections 3 and 4 of this Disclosure Certificate. <br /> "Dissemination Agent" shall mean U.S. Trust Company of California, N.A., or any successor <br /> Dissemination Agent designated in writing by the Authority and which has filed with the Authority <br /> and the Trustee a written acceptance of such designation. <br /> "Listed Events" shall mean any of the events listed in Section 5(a)of this Disclosure Certificate. <br /> "National Repository" shall mean any Nationally Recognized Municipal Securities Information <br /> Repository for purposes of the Rule. <br /> "Participating Underwriter" shall mean any of the original underwriters of the Bonds required to <br /> comply with the Rule in connection with offering of the Bonds. <br /> "Repository" shall mean each National Repository and each State Repository. <br /> "Rule" shall mean Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission <br /> under the Securities Exchange Act of 1934,as the same may be amended from time to time. <br /> "State Repository" shall mean any public or private repository or entity designated by the State <br /> of California as a state repository for the purpose of the Rule and recognized as such by the Securities <br /> and Exchange Commission.As of the date of this Disclosure Certificate,there is no State Repository. <br /> Section 3.Provision of Annual Reports. <br /> (a) The Authority shall, or upon written direction shall cause the Dissemination Agent to, not <br /> later than six months after the end of the Authority's fiscal year(currently June 30), commencing with <br /> the report for the 1996 fiscal year,provide to each Repository an Annual Report which is consistent with <br /> the requirements of Section 4 of this Disclosure Certificate with a copy to the Trustee. Not later than <br /> fifteen (15) Business Days prior to said date, the Authority shall provide the Annual Report to the <br /> Dissemination Agent (if other than the Authority). The Annual Report may be submitted as a single <br /> document or as separate documents comprising a package, and may include by reference other <br /> information as provided in Section 4 off this Disclosure Certificate.If the Authority's fiscal year changes, <br /> it shall give notice of such change in the same manner as for a Listed Event under Section 5(c). The <br /> Authority shall provide a written certification with each Annual Report furnished to the Dissemination <br /> Agent and the Trustee to the effect that such Annual Report constitutes the Annual Report required to <br /> be furnished by the Authority hereunder. <br /> Appendix E <br /> Page 1 <br />