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Cont. (Part 3)
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Vol. 1- City of Santa Ana Financing Authority (Police Admin. and Holding Facility)
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Cont. (Part 3)
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to the Constitution of the United States or by any <br /> legislation in or by the Congress of the United States <br /> or by the State, or the amendment of legislation <br /> pending as of the date of this Purchase Contract in the <br /> Congress of the United States, or the recommendation to <br /> Congress or endorsement for passage (by press release, <br /> other form of notice or otherwise) of legislation by <br /> the President of the United States, the Treasury <br /> Department of the United States, the Internal Revenue <br /> Service or the Chairman or ranking minority member of <br /> the Committee on Finance of the United States Senate or <br /> the Committee on Ways and Means of the United States <br /> House of Representatives, or the proposal for <br /> consideration of legislation by either such Committee <br /> or by any member thereof, or the presentment of <br /> legislation for consideration as an option by either <br /> such Committee, or by the staff of the Joint Committee <br /> on Taxation of the Congress of the United States, or <br /> the favorable reporting for passage of legislation to <br /> either House of the Congress of the United States by a <br /> Committee of such House to which such legislation has <br /> been referred for consideration, or any decision of any <br /> federal or State court or any ruling or regulation <br /> (final, temporary or proposed) or official statement on <br /> behalf of the United States Treasury Department, the <br /> Internal Revenue Service or other federal or State <br /> authority materially adversely affecting the federal or <br /> State tax status of the Authority and the City, or the <br /> interest on bonds or notes or obligations of the <br /> general character of the Lease or the Bonds; or <br /> (iii) any legislation, ordinance, rule or <br /> regulation shall be introduced in, or be enacted by any <br /> governmental body, department or agency of the State, <br /> or a decision by any court of competent jurisdiction <br /> within the State or any court of the United States <br /> shall be rendered which, in the reasonable opinion of <br /> the Representative, materially adversely affects the <br /> market price of the Bonds; or <br /> (iv) legislation shall be enacted by the Congress <br /> of the United States, or a decision by a court of the <br /> United States shall be rendered, or a stop order, <br /> ruling, regulation or official statement by, or on <br /> behalf of, the Securities and Exchange Commission or <br /> any other governmental agency having jurisdiction of <br /> the subject matter shall be issued or made to the <br /> effect that the execution, delivery, offering or sale <br /> of obligations of the general character of the Bonds, <br /> or the execution,, delivery, offering or sale of the <br /> Bonds, including all underlying obligations, as <br /> contemplated hereby or by the Official Statement, is in <br /> violation or would be in violation of, or that <br /> 14 <br />
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