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Risk Factors Payment of the Principal Components and Interest Components represented by the Certificates is subject to certain risks. See the caption "RISK FACTORS AND INVESTMENT CONSIDERATIONS" herein. Continuing Disclosure Information The City has covenanted in a Continuing Disclosure Agreement to provide certain financial information and notices of material events to each nationally recognized municipal securities information repository, in compliance with Rule 15c2-12 promulgated by the Securities and Exchange Cormnission. A summary of the Continuing Disclosure Agreement is included inAppendix C to this Official Statement. Definitions and Descriptions; Inspection of Documents All capitalized terms used in this Official Statement not defined in the text hereof are defined under "DEFINITIONS OF WORDS AND TERMS" set forth in Appendix C to this Official Statement. Brief descriptions of the Certificates, the Base Lease, the Lease, the Indenture and certain other matters are included in this Official Statement. Such descriptions do not purport to be comprehensive or definitive. All references herein to the Base Lease, the Lease and the Indenture are qualified in their entirety by reference to such documents, drafts of which may be viewed prior to the delivery of the Certificates at the office of the Director of Finance of the City. Copies of the final executed documents may be viewed after the delivery of the Certificates at the office of the Trustee, BNY Trust Company of Missouri, Corporate Trust Department, 911 Washington Avenue, 3rd Floor, St. Louis, Missouri 63101, or will be provided to any prospective purchaser requesting the same, upon payment by such prospective purchaser of the cost of complying with such request. All references to the Certificates are qualified in their entirety by the definitive terms thereof and the information with respect thereto included in the Base Lease, the Lease and the Indenture. THE CERTIFICATES Description The Certificates are dated November 1, 2003, and the Principal Component of Base Rentals represented by each Certificate will bear interest at specified rates as set forth on the cover page hereof. The Interest Component of Base Rentals represented by the Certificates will be payable semiannually on February 1 and August 1 of each year beginning on February 1, 2004 (the "Payment Dates"). The Principal Component of Base Rentals represented by the Certificates is payable on February 1 of each year in the principal amounts set forth on the cover page of this Official Statement. The Interest Component represented by the Certificates is payable by (a) by check or draft mailed by the Trustee to the address of such Registered Owners shown on the registration books for the Certificates (the "Register"), or (b) in the case of an interest payment to any Registered Owner of $500,000 or more in aggregate principal amount of Certificates, by electronic transfer to such Registered Owner upon written notice given to the Trustee by such Registered Owner, not less than 15 days prior to the Record Date for such interest, containing the electronic trm~sfer instructions including the name of the bank (which shall be in the continental United States), the bank's ABA routing number and the account number to which such Registered Owner wishes to have such transfer directed. The Principal Component of Base Rentals and prepayment premium, if any, represented by the Certificates is payable upon presentation and surrender thereof at the principal corporate trust office of the Trustee or at such other office as is designated by the Trustee. -3-