6486 - Laserfiche WebLink

Home Browse Search

that the City and the City's Special Tax Counsel do not assume any liability or responsibility for any inscribing or transmittal error in connection with such bid; or (iv) be submitted by facsimile transmission to the City's Special Tax Counsel at (314) 436- 1000, prior to 11:00 a.m., Central Time, on June 21, 2004. The risk of a failure to access the facsimile number prior to the indicated sale time is solely upon the party making the facsimile proposal and not the City or the City's Special Tax Counsel. Any bidder submitting a bid by facsimile in the manner described above acknowldges that the City and the City's Special Tax Counsel do not assume any liability or responsibility for any transmittal error in connection with such bid. Bidders wishing to call or fax in a bid as described in (iii) or (iv) above should submit the bidding documents and/or Deposit to Mr. Robert Ballsrud, Special Tax Counsel, at the address given above in time to be received prior to the sale time. Preliminary Official Statement and Official Statement. The City has prepared a Preliminary Official Statement, copies of which may be obtained from the City. Upon the sale of the Certificates, the City will adopt the final Official Statement and will furnish the successful bidder with up to 200 copies of such Official Statement within seven business days of the acceptance of the successful bidder's proposal in order to comply with Rule 15c2-12(b)(4) of the Securities and Exchange Commission and Rule G-32 of the Municipal Securities Rulemaking Board. The City's acceptance of the successful bidder's proposal for the purchase of the Certificates shall constitute a contract between the City and the successful bidder for purposes of said Rules. Additional copies of the final Official Statement may be ordered by the successful bidder at its expense. Continuing Disclosure Undertaking. The City will agree in the Ordinance authorizing the Certificates (the "Certificate Ordinance") to enter into a Amended and Restated Continuing Disclosure Agreement with BNY Trust Company of Missouri, as Dissemination Agent, under which the City will agree to provide or cause to be provided, in accordance with the requirements of Rule 15c2-12 promulgated by the Securities and Exchange Commission (the "Rule") and as described in greater detail in the Preliminary Official Statement under the caption "APPENDIX C- DEFINITIONS OF WORDS AND TERMS AND SUMMARIES OF LEGAL DOCUMENTS" (i) certain annual financial information and operating data, including audited financial statements for the preceding fiscal year, to all Nationally Recognized Municipal Securities Information Repositories ("NRMSIRs") and the State Repository designated by the State of Missouri, if any, (ii) to all NRMSIRs or the Municipal Securities Rulemaking Board timely notice of the occurrence of certain material events with respect to the Certificates, and (iii) to all NRMSIRs or the Municipal Securities Rulemaking Board timely notice of a failure by the City to provide the required annual financial information on or before the date specified below. Such information shall be made available not later than 180 days after the end of each fiscal year of the City, commencing with the fiscal year ending June 30, 2004. The successful bidder's obligation to purchase the Certificates shall be conditioned upon its receiving, at or prior to the delivery of the Certificates, the Amended and Restated Continuing Disclosure Agreement evidencing that the City has made the continuing disclosure undertaking set forth above for the benefit of the holders of the Certificates. Additional Information. Additional information regarding the Certificates may be obtained from the undersigned at (314) 862-6767, ext. 210. -7-