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4.2. SR 10-18-1999
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4.2. SR 10-18-1999
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10/18/1999
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<br /> <br />W' <br /> <br /> <br />will be addressed before year end. Contingency planning is ongoing in the event there are <br />problems that may not have been identified or are out of the City's control. <br /> <br />Third Parties <br /> <br />The City is currently contacting third party vendors and others to seek assurance as to their <br />Year 2000 compliance. <br /> <br />DTC <br /> <br />DTC is currently supporting Year 2000 testing. A home page on the Internet has been <br />established by DTC at www.dtc.orQ where notices and other information regarding DTC's <br />Year 2000 project progress will be made available to Internet users regarding DTC Year 2000 <br />issues. <br /> <br />FINANCIAL ADVISOR <br /> <br />The City has retained Springsted Incorporated, Public Finance Advisors, of St. Paul, Minnesota, <br />as financial advisor (the "Financial Advisor") in connection with the issuance of the Bonds. In <br />preparing the Official Statement, the Financial Advisor has relied upon governmental officials, <br />and other sources, who have access to relevant data to provide accurate information for the <br />Official Statement, and the Financial Advisor has not been engaged, nor has it undertaken, to <br />independently verify the accuracy of such information. The Financial Advisor is not a public <br />accounting firm and has not been engaged by the City to compile, review, examine or audit any <br />information in the Official Statement in accordance with accounting standards. The Financial <br />Advisor is an independent advisory firm and is not engaged in the business of underwriting, <br />trading or distributing municipal securities or other public securities and therefore will not <br />participate in the underwriting of the Bonds. <br /> <br />CERTIFICATION <br /> <br />The City has authorized the distribution of the Official Statement for use in connection with the <br />initial sale of the Bonds. <br /> <br />As of the date of the settlement of the Bonds, the Purchaser will be furnished with a certificate <br />signed by the appropriate officers of the City. The certificate will state that as of the date of the <br />Official Statement, the Official Statement did not and does not as of the date of the certificate <br />contain any untrue statement of material fact or omit to state a material fact necessary in order <br />to make the statements made therein, in light of the circumstances under which they were <br />made, not misleading. <br /> <br />-8- <br />
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