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OTHER-2024-031-Trust Agreement
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OTHER-2024-031-Trust Agreement
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Last modified
10/24/2024 10:55:47 AM
Creation date
10/24/2024 10:42:03 AM
Metadata
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Template:
BOCC
Date
5/21/2024
Meeting Type
Business
Document Type
Others
Agenda Item
6-B
Document Relationships
Agenda 05-21-24; 6-b - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
Agenda for May 21, 2024 BOCC Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2024\Agenda - 05-21-2024 Business Meeting
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i' <br /> their addresses as shown on the Trustee ' s registration books, by registered or <br /> certified mail ; and <br /> (iii) In any case, both (A) to the MSRB for posting on the EMMA System and <br /> (B ) to the LGC , <br /> Notwithstanding anything to the contrary in this Supplemental Agreement, <br /> the County acknowledges and agrees that the Trustee is not acting as the disclosure <br /> or dissemination agent for purposes of Rule 15c2 - 12 in connection with any notice <br /> to be posted with the MSRB via the EMMA System , <br /> Failure to give any notice specified in (i ) or ( ii) , as applicable, or any defect in <br /> that notice, will not affect the validity of any proceedings for the redemption of any <br /> ' lure has occurred . Failure to give any notice <br /> 2024 Bonds with respect to which no fa <br /> specified in (iii) , or any defect in that notice, will not affect the validity of any <br /> proceedings for the redemption of any 2024 Bonds with respect to which the notice <br /> specified in (1) or (ii) is correctly given . Any notice mailed as provided in this <br /> Supplemental Agreement will conclusively be presumed to have been given <br /> regardless of whether received by any Owner. <br /> (b) Any redemption notice , except a notice given in respect of a mandatory <br /> sinking fund redemption, may state that the redemption to be effected is <br /> conditioned upon - � <br /> (i the Trustee ' s receipt on or prior to the redemption date of moneys <br /> � p 1' p Y <br /> sufficient to pay the principal of and premium, if any, and interest on <br /> the 2024 Bonds to be prepaid ; or <br /> (ii ) any other condition not unacceptable to the Trustee . <br /> If a notice contains a condition and the Trustee either (A) does not receive <br /> moneys sufficient to pay the principal of and premium, if any, and interest on the <br /> 2024 Bonds on or prior to the redemption date , or ( B ) the stated condition is not <br /> fulfilled, as evidenced to the Trustee by a County Certificate , <br /> in either case on or prior to the redemption date , <br /> 9 <br />
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