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764
CITY-OF-BATESVILLE
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764
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4/30/2019 2:22:19 PM
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8/23/2018 9:01:18 AM
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CM <br />EM <br />Vvhich full, true and correct entries will !De made Of „il deall_,c"rS Or tranSaCtlOnS <br />of and in relation to the Project and the revenues derived from the Project. `;tirhen <br />requested by the Trustee, the City agrees to have ti7e said books of record and <br />account audited by an independent Certified Public Accountant. Tile audit report <br />shall contain at least the following information: <br />(a) All revenues derived from the Project and all expenses <br />incurred by the City in connection with the Project; <br />(b) All payments, deposits and credits to any payments, <br />transfers and withdra%vals from the funds created under <br />the provisions of this Indenture; <br />(c) The details pertaining to bonds issued, paid, and <br />redeemed; and <br />(d) The amounts on hand in each fund showing the respective <br />amounts to the credit of each fund and any security held <br />therefor and showing the details of any investments thereof. <br />The City further covenants that all books and documents relating <br />to the Project and the revenues derived from the Project shall at all tunes be open <br />to the inspection of such accountants or other agencies as the Trustee may from <br />time to time designate. In this regard, so long as the Lease Agreement is in force <br />and effect, records furnished by the Lessor and Lessee to, or kept by, the Trustee <br />in connection with its duties as such shall be deemed to be in compliance with the <br />City's obligations under this Section 407. <br />Section 408. To the extent that such information shall be made <br />known to the City under the terms of this Section, it will keep on file at the <br />office of the Trustee a list of names and addresses of the last known holders of <br />all bonds payable to bearer and believed to be held by each of such last <br />known. holders. Any bondholder may request that his name and address be <br />placed on said list by filing a written request with the City or with the Trustee, <br />
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