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Res 2017-151/approving an agreement with Pidworks, LLC for Public Improvement District Formation and Administrative Services in connection with the Whisper Public Improvement District
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Res 2017-151/approving an agreement with Pidworks, LLC for Public Improvement District Formation and Administrative Services in connection with the Whisper Public Improvement District
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1/2/2018 9:28:45 AM
Creation date
10/5/2017 10:53:33 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2017-151
Date
10/2/2017
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• PIDWorks will disseminate the annual reports, quarterly reports from the <br />developer, and notice of significant events to the Municipal Securities <br />Rulemaking Board (MSRB) and any other parties required in the continuing <br />disclosure agreement. <br />• PIDWorks will review all developer payment requests to ensure the request <br />complies with the PID Financing Agreement, the District service and <br />assessment plan, and any other relevant provisions contained in the District <br />documents. <br />• PIDWorks will audit the developer payment request to ensure there is proper <br />backup documentation and that the accounting is accurate. <br />• PIDWorks will coordinate with the City's designated representative to ensure <br />the improvements were built to the standards of the accepting governing body. <br />• PIDWorks will ensure improvements to be dedicated are free and clear of all <br />liens and encumbrances. <br />
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