R-1999-26 - Laserfiche WebLink

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e . condition, or prospects or agreed to update any infonnation that is provided. except as described above. The Authority makes no representation or wammty concerning such information or concerning its usefulness to a decision to invest in or sell Bonds at any future date. The Authority disclaims any contractual or tort liability for damages resulting in whole or in part from any breach of its continuing disclosure agreement or from any statement made pursuant to its agreement, although holders or beneficial owners of Bonds may seek a writ of mandamus to compel the Authority to comply with its agreement. Nothing in this paragraph is intended or shall act to disclaim. waive, or otherwise limit the duties of the Authority under federal and state securities laws. The Authority may amend its continuing disclosure agreement to adapt to changed circwnstances that arise from a change in legal requirements, a change in law, or a change in the identity, nature, status or type of operations of the Authority, if, but only if (1) the agreement, as so amended, would have pennitted an underwriter to purchase or sell the Bonds in the original primary offering in compliance with SEC Rule lSc2-12, taking into account any amendments or interpretations of SEC Rule lSc2-12 to the date of such amendment, as well as such changed circumstances, and (2) either (a) the holders of a majority in aggregate amount of the outstanding Bonds consent to such amendment or (b) a person unaffiliated with the Authority (such as nationally recognized bond counsel) determines that the amendment will not materially impair the interests of the holders and beneficial owners of the Bonds. If the Authority amends the agreement, it has agreed to include with any fmancial information or operating data next provided in accordance with its agreement described above under "Annual Reports" an explanation, in narrative fonn, of the reasons for the amendment and of the impact of any change in the type of financial information and operating data so provided. Cumulianee With Prior Undertakings The Authority has previously made continuing disclosure agreements pursuant to SEC Rule ISc2-12. YEAR 2000 PROBLEM BEING COMPILED BY BOND COUNSEL 8 ;2.'7