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financial assistance. Any financial statements to be so provided shall be (1) prepared in <br />accordance with the accounting principles described in Exhibit "A" hereto, or such other <br />accounting principles as the City may be required to employ from time to time pursuant to state <br />law or regulation, and (2) audited, if the City commissions an audit of such statements and the <br />audit is completed within the period during which they must be provided. If the audit of such <br />financial statements is not complete within such period, then the City shall provide unaudited <br />financial statements within such period, and audited financial statements for the applicable fiscal <br />year to the MSRB, when and if the audit report on such statements become available. <br />If the City changes its fiscal year, it will notify the MSRB of the change (and of the date <br />of the new fiscal year end) prior to the next date by which the City otherwise would be required <br />to provide financial information and operating data pursuant to this Section. <br />The financial information and operating data to be provided pursuant to this Section may <br />be set forth in full in one or more documents or may be included by specific reference to any <br />document that is available to the public on the MSRB's internet web site or filed with the SEC. <br />All documents provided to the MSRB pursuant to this Section shall be accompanied by <br />identifying information as prescribed by the MSRB. <br />Section 13.02. Event Notices. <br />The City shall notify the MSRB, in an electronic format as prescribed by the MSRB, in a <br />timely manner not in excess of ten business days after the occurrence of the event, of any of the <br />following events with respect to the Bonds: <br />A. Principal and interest payment delinquencies; <br />B. Non-payment related defaults, if material within the meaning of the <br />federal securities laws; <br />C. Unscheduled draws on debt service reserves reflecting financial <br />difficulties; <br />D. Unscheduled draws on credit enhancements reflecting financial <br />difficulties; <br />E. Substitution of credit or liquidity providers, or their failure to perform; <br />F. Adverse tax opinions, the issuance by the Internal Revenue Service of <br />proposed or final determinations of taxability, Notices of Proposed Issue <br />(IRS Form 5701-TEB) or other material notices or determinations with <br />respect to the tax status of the Bonds, or other events affecting the tax <br />status of the Bonds; <br />G. Modifications to rights of holders of the Bonds, if material within the <br />SANMARCOS/W W W SRev2017A: Ordinance 40 <br />