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Agenda 05-19-2026; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of 2026A Installment Purchase Financing for Various Capital Investment Plan Projects
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Agenda 05-19-2026; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of 2026A Installment Purchase Financing for Various Capital Investment Plan Projects
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BOCC
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5/19/2026
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Business
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Agenda
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6-a
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Agenda for May 19, 2026 BOCC Meeting
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126 <br /> APPENDIX E <br /> BOOK-ENTRY ONLY SYSTEM <br /> Beneficial ownership interests in the 2026A Bonds will be available only in a book-entry system. <br /> The actual purchasers of the 2026A Bonds (the`Beneficial Owners")will not receive physical certificates <br /> representing their interests in such 2026A Bonds purchased. So long as The Depository Trust Company,a <br /> New York corporation("DTC"), or its nominee is the registered owner of the 2026A Bonds, references in <br /> this Official Statement to the Owners of the 2026A Bonds shall mean DTC or its nominee and shall not <br /> mean the Beneficial Owners of the 2026A Bonds. The Trust Agreement contains provisions applicable to <br /> periods when DTC or its nominee is not the registered owner. <br /> The following description of DTC, its procedures and record keeping with respect to beneficial <br /> ownership interests in the 2026A Bonds,payment of interest and other payments with respect to the 2026A <br /> Bonds to DTC Participants or to beneficial owners, confirmation and transfer of beneficial ownership <br /> interests in the 2026A Bonds and/or other transactions by and between DTC, DTC Participants and <br /> beneficial owners is based on information furnished by DTC. <br /> DTC will act as securities depository for the 2026A Bonds. The 2026A Bonds will be registered <br /> in the name of Cede & Co. (DTC's partnership nominee) or such other name as may be requested by an <br /> authorized representative of DTC. One fully-registered certificate in the aggregate principal amount of <br /> each maturity of the 2026A Bonds will be deposited with DTC or its designee. So long as Cede & Co. is <br /> the registered owner of the 2026A Bonds, as DTC's Partnership nominee, reference herein to the Owners <br /> or registered owners of the 2026A Bonds shall mean Cede& Co. and shall not mean the beneficial owners <br /> of the 2026A Bonds. <br /> DTC,the world's largest securities depository,is a limited-purpose trust company organized under <br /> the New York Banking Law, a"banking organization"within the meaning of the New York Banking Law, <br /> a member of the Federal Reserve System, a "clearing corporation" within the meaning of the New York <br /> Uniform Commercial Code and a"clearing agency" registered pursuant to the provisions of Section 17A <br /> of the Securities Exchange Act of 1934, as amended. DTC holds and provides asset servicing for over 3.5 <br /> million issues of U.S. and non-U.S. equity issues, corporate and municipal debt issues, and money market <br /> instruments from over 100 countries that DTC's participants ("Direct Participants") deposit with DTC. <br /> DTC also facilitates the post-trade settlement among Direct Participants of sales and other securities <br /> transactions in deposited securities through electronic computerized book-entry transfers and pledges <br /> between Direct Participants' accounts. This eliminates the need for physical movement of securities <br /> certificates. Direct Participants include both U.S. and non-U.S. securities brokers and dealers,banks,trust <br /> companies, clearing corporations and certain other organizations. DTC is a wholly-owned subsidiary of <br /> The Depository Trust&Clearing Corporation("DTCC"). DTCC,in turn, is owned by a number of Direct <br /> Participants of DTC and Members of the National Securities Clearing Corporation,Fixed Income Clearing <br /> Corporation and Emerging Markets Clearing Corporation as well as by the New York Stock Exchange, <br /> Inc.,the American Stock Exchange, and the National Association of Securities Dealers,Inc. Access to the <br /> DTC system is also available to others such as both U.S. and non-U.S. securities brokers and dealers,banks <br /> trust companies, and clearing corporations that clear through or maintain a custodial relationship with a <br /> Direct Participant, either directly or indirectly(the "Indirect Participants" and collectively with the Direct <br /> Participants,the "Participants"). DTC has a Standard&Poor's rating of AA+. The DTC rules applicable <br /> to its Participants are on file with the Securities and Exchange Commission. More information about DTC <br /> can be found at www.dtcc.com. <br /> Purchases of 2026A Bonds under the DTC system must be made by or through Direct Participants, <br /> which will receive a credit for 2026A Bonds on DTC's records. The ownership interest of each actual <br /> E-1 <br />
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