Browse
Search
Agenda 05-03-22; 8-k - Series 2022 General Obligation Bond Sale in the Amount of $14,540,000
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
2020's
>
2022
>
Agenda - 05-03-2022 Business Meeting
>
Agenda 05-03-22; 8-k - Series 2022 General Obligation Bond Sale in the Amount of $14,540,000
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/28/2022 3:35:10 PM
Creation date
4/28/2022 3:39:05 PM
Metadata
Fields
Template:
BOCC
Date
5/3/2022
Meeting Type
Business
Document Type
Agenda
Agenda Item
8-k
Document Relationships
Agenda for May 3, 2022 BOCC Meeting
(Message)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2022\Agenda - 05-03-2022 Business Meeting
Minutes 05-03-2022 Business Meeting
(Message)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2022
RES-2022-024-Resolution for the Sale of School Bonds
(Message)
Path:
\Board of County Commissioners\Resolutions\2020-2029\2022
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
19
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
18 <br /> If the County fails to comply with the undertaking described above, any <br /> beneficial owner of the Bonds may take action to protect and enforce the rights of all <br /> beneficial owners with respect to such undertaking, including an action for specific <br /> performance; provided, however, that failure to comply with such undertaking will <br /> not be an event of default and will not result in any acceleration of payment of the <br /> Bonds. All actions will be instituted, had and maintained in the manner provided in <br /> this paragraph for the benefit of all beneficial owners of the Bonds. <br /> The County shall provide the documents and other information referred to <br /> above to the MSRB in an electronic format as prescribed by the MSRB and <br /> accompanied by identifying information as prescribed by the MSRB. <br /> The County may discharge its undertaking as set forth in this resolution by <br /> providing such information in any manner that the United States Securities and <br /> Exchange Commission subsequently authorizes in lieu of the manner described <br /> above. <br /> The County reserves the right to modify from time to time the information to <br /> be provided to the extent necessary or appropriate in the County's judgment, <br /> provided that: <br /> (a) any such modification may only be made in connection with a change in <br /> circumstances that arises from a change in legal requirements, change in law, or <br /> change in the identity, nature, or status of the County; <br /> (b) the information to be provided, as modified, would have complied with <br /> the requirements of Rule 1Sc2-12 as of the date of the final Official Statement, after <br /> taking into account any amendments or interpretations of Rule 15c2-12, as well as <br /> any changes in circumstances; and <br /> (c) any such modification does not materially impair the interests of the <br /> beneficial owners, as determined either by parties unaffiliated with the County or by <br /> the approving vote of the registered owners of a majority in principal amount of the <br /> Bonds pursuant to the terms of the bond resolution, as it may be amended from time <br /> to time, at the time of the amendment. <br />
The URL can be used to link to this page
Your browser does not support the video tag.