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Finance SIB #S2012-005-01 <br />SuRRMA — (Paris District) <br />Authority within 15 business days of any such filing with EMMA by the Authority. Such <br />information may be submitted to the Department by hard copy or by notification to the <br />Department of the Authority's posting with EMMA, together with the applicable CUSIP <br />number/s. <br />In addition, the Authority hereby agrees to forward to the Departrnent, in accorciance <br />witFt the timing described in the Interlocal Cooperative Agreement, any information the <br />Authority has received from any SiB Loan Participant that was filed with EMMA, as <br />described in the continuing disclosure undertaking in the Interlocal Cooperative <br />Agreement. <br />Article 5. Condidons to Loan Disbursement; Additional Documer�tation <br />No funds will be disbursed under this Agreement until the State has �eceived the following <br />documents described in this Article: <br />A. Two originals of each of the Authority resolutions authorizing the Inte�local Cooperative <br />Agreement and the SIB Loans, approving the pledge of Contract Revenues to payment <br />of the SIB Loans and the terms of the SIB Loans, and certifying compliance with the <br />State Open Meetings Act, and including the meeting date/s and board members in <br />attendance and voting at such meeting/s. <br />B. Two originals of the Inte�local Cooperative Agreement, executed by an authorized <br />representative of all parties thereto. <br />C. Two originals of the Authority resolution adopting an intemal compliance policy, such <br />policy to be in the form required by the Department, if approved by a resolution <br />separate and apart from the resolutions described in A. above, certifying compliance <br />with the State Open Meetings Act, and induding the meeting date and board members <br />in attendance and voting at such meeting. <br />D. Two originals of each resolutionJordinance%rder adopted by the goveming body of <br />each Participant (i) in support of the Project, (ii) authoriang the Interlocal Cooperative <br />Agreement, the pledge of revenues to payments due under the Interlocal Cooperative <br />Agreement, and the incurrence by the Authority of the SIB Loans, where applicable, (iii) <br />certifying compliance with the State Open Meetings Act, (iv) authorizing actions taken <br />by any subordinate entities; and (v) including the meeting date/s and members in <br />attendance and voting at such meeting/s. <br />E. Two originals of each opinion of counsel to the Authoriiy regarding the validity and <br />enforceability of the Authority and Participant obligations, together with a copy of each <br />certificate executed by any Participant on which counsel to the Authority relied in <br />providing an opinion. <br />F. Two originals of each of this Agreement and the agreement evidencing SIB Loan No. 2, <br />executed by authorized representatives of both the Authority and the Department. <br />Article 6. Project Termination; Misapplication of SIB Loan Proceeds <br />Should the Project described in this Agreement be terminated for any reason or any <br />amounts of disbursed SIB Loan proceeds not be applied to pay Project costs, the Authority <br />Page 8 of i2 <br />