55A - RESO - GAS TAX BONDS - Laserfiche WebLink

Home Browse Search

EXHIBIT 6 CONTINUING DISCLOSURE AGREEMENT This Continuing Disclosure Agreement (the "Disclosure Agreement') is executed and delivered by and between the City of Santa Ana (the "City') and Urban Futures, Inc., as dissemination agent (the "Dissemination Agent, in connection with the issuance and delivery of W,025,000 City of Santa Ana Gas Tax Revenue Refunding Bonds, Series 2019 (the `Bonds"). The Bonds are issued pursuant to an Indenture of Trust, dated as of December 1, 2019 (the "Indenture'), by and between the City and US Bank National Association (the "Trustee"). SECTION 1. Purpose of this Disclosure Agreement. This Disclosure Agreement is being executed and delivered by the City for the benefit of the Holders and Beneficial Owners of the Bonds and in order to assist the Participating Underwriter in complying with the Rule. SECTION 2. Defmitions. In addition to the defmitions set forth in the Indenture, which apply to any capitalized term used in this Disclosure Agreement unless otherwise defined in this Section, the following capitalized terms shall have the following meanings: "Annual Report" shall mean any Annual Report provided by the City pursuant to, and as described in, Sections 3 and 4 of this Disclosure Agreement. "Annual Report Date" shall mean March 31 of each year (beginning on March 31, 2020). "Beneficial Owner" shall mean any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tux purposes. "Fiscal Year" shall mean the one-year period ending on June 30 of each year. "Holder" shall mean a registered owner of the Bonds. "Listed Events" shall mean any of the events listed in Section 5 of this Disclosure Agreement. "MSRB" shall mean the Municipal Securities Rulemaking Board established pursuant to Section 1513(b)(1) of the Securities Exchange Act of 1934 or any other entity designated or authorized by the Securities and Exchange Commission to receive reports pursuant to the Rule. Until otherwise designated by the MSRB or the Securities and Exchange Commission, filings with the MSRB are to be made through the Electronic Municipal Marketplace Access (EMMA) website of the MSRB, currently located at http: //emma. msrb. org. "Participating Underwriter" shall mean any of the original underwriters of the Bonds required to comply with the Rule in connection with offering of the Bonds. "Rule" shall mean Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as the same may be amended from time to time. SECTION 3. Provision of Annual Reports. (a) The City shall provide, or cause the Dissemination Agent to provide, not later than the Annual Report Date to MSRB an Annual Report relating to the immediately preceding Fiscal Year which 55394.00055\32427465.1 55A-150