HomeMy WebLinkAboutRes 2014-031615748.6
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h) refunding of all or part of the bonds, including proof of payment of
principal and interest on refunding and refunded bonds, either at maturity
or prior redemption,
i) payment of arbitrage rebate or information supporting any exemption to
rebate, and
j) evidence of compliance with special requirements for Tax Credit Bonds, if
applicable,
shall be kept for the life of the bonds plus three years and, if the bonds are refunded, for the life
of all of the refunding bonds plus three years or for the time specified for the retention of such
records under Arizona law, whichever is longer.
6. SPECIAL REQUIREMENTS FOR TAX CREDIT BONDS.
If the Town issues any Qualified Forestry Conservation Bonds, New Clean
Renewable Energy Bonds or Qualified Energy Conservation Bonds (the “Tax Credit Bonds”),
additional procedures will be adopted.
7. EMMA REMINDER.
As an issuer of bonds, the Town is also required to provide ongoing disclosures in
the form of annual financing information and certain listed events, currently filed on the
Municipal Securities Rulemaking Board’s Electronic Municipal Market Access (“EMMA”)
system.