Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the sale of General Obligation Urban Renewal Bonds, Series 2026A
resolution, agenda item I-3
Document 679
Dated February 3, 2026City Council — regular meeting, February 3, 2026 33 pages
Resolution 2026-007
Adopted at the City Council — regular meeting, February 3, 2026 — from the minutes and the signed copy's text.
Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the sale of General Obligation Urban Renewal Bonds, Series 2026A, Page 24 of 33
Text from the PDF text layer; check the PDF for anything that matters.Tiffin / 436989-52 / CDC over 10M
Section 7. Dissemination Agent. The Issuer may, from time to time, appoint or engage
a Dissemination Agent to assist it in carrying out its obligations under this Disclosure Certificate,
and may discharge any such Agent, with or without appointing a successor Dissemination Agent.
The Dissemination Agent shall not be responsible in any manner for the content of any notice or
Annual Report prepared by the Issuer pursuant to this Disclosure Certificate. The initial
Dissemination Agent shall be Northland Securities, Inc.
Section 8. Amendment; Waiver. Notwithstanding any other provision of this Disclosure
Certificate, the Issuer may amend this Disclosure Certificate, and any provision of this Disclosure
Certificate may be waived, provided that the following conditions are satisfied:
(a) (i) the amendment or waiver is made in connection with a change in
circumstances that arises from a change in legal requirements, change in law, or change in
the identity, nature or status of an obligated person with respect to the Bonds, or the type of
business conducted; (ii) the undertaking, as amended or taking into account such waiver,
would, in the opinion of nationally recognized bond counsel, have complied with the
requirements of the Rule at the time of the original issuance of the Bonds, after taking into
account any amendments or interpretations of the Rule, as well as any change in
circumstances; and (iii) the amendment or waiver either (1) is approved by a majority of the
Holders, or (2) does not, in the opinion of nationally recognized bond counsel, materially
impair the interests of the Holders or Beneficial Owners; or
(b) the amendment or waiver is necessary to comply with modifications to or
interpretations of the provisions of the Rule as announced by the Securities and Exchange
Commission.
In the event of any amendment or waiver of a provision of this Disclosure Certificate, the
Issuer shall describe such amendment in the next Annual Report, and shall include, as applicable,
a narrative explanation of the reason for the amendment or waiver and its impact on the type (or
in the case of a change of accounting principles, on the presentation) of financial information or
operating data being presented by the Issuer. In addition, if the amendment relates to the
accounting principles to be followed in preparing audited financial statements, (i) notice of such
change shall be given in the same manner as for a Listed Event under Section 5(c), and (ii) the
Annual Report for the year in which the change is made will present a comparison or other
discussion in narrative form (and also, if feasible, in quantitative form) describing or illustrating
the material differences between the audited financial statements as prepared on the basis of the
new accounting principles and those prepared on the basis of the former accounting principles.
Section 9. Additional Information. Nothing in this Disclosure Certificate shall be
deemed to prevent the Issuer from disseminating any other information, using the means of
dissemination set forth in this Disclosure Certificate or any other means of communication, or
including any other information in any Annual Report or notice of occurrence of a Listed Event, in
addition to that which is required by this Disclosure Certificate. If the Issuer chooses to include any
information in any Annual Report or notice of occurrence of a Listed Event in addition to that
which is specifically required by this Disclosure Certificate, the Issuer shall have no obligation
under this Certificate to update such information or include it in any future Annual Report or notice
of occurrence of a Listed Event.
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Sources
- City agenda center (revize): Attachment (HanA4sT2TicWbJk2mYTl2WD2xFocXG.pdf) — where it was found first seen Oct 12, 2026
Attached to agenda item: I-3 Resolution No. 2026-007 - A Resolution Approving the Bond Purchase Agreement for the...
In the town's history
History notes, checked research claims and dated events of the town's history that cite this document.
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February 3, 2026 Spending
The February 3, 2026 staff report on the bond resolution provided for $13,500,000 of General Obligation Urban Renewal Bonds, Series 2026A, for the Community/Recreation Center Development Project.
“provides for the issuance of $13,500,000 General Obligation Urban Renewal Bonds, Series 2026A, to finance the Community/Recreation Center Development Project”
document 679, p. 1, meeting, project, 2020s
Data last updated November 9, 2026. Built from the archive's documents; see how the data is built.