CALIFORNIA COMMUNITY COLLEGES
Annual Certification of Lease Revenue Bond Funded Projects
DESCRIPTION OF MATERIAL EVENTS
DISTRICT:
PROJECT (S):
Please indicate with a check if any of the following events occurred for your bondfunded projects in calendar year 2012. If yes, please contact your Department of
Finance Capital Outlay Budget Analyst prior to submitting for guidance regarding any
additional documentation that may be required.
_____ Release, substitution, or sale of property securing repayment of the Bonds
_____ Any event which causes a bond-funded facility not to be available for beneficial
use or occupancy by your department
_____ Any adverse tax opinions, notices or determinations or other events affecting the
tax-exempt status of the Bonds
_____ Consummation of a merger, consolidation or acquisition involving the department
or the sale of all or substantially all of the assets of your department, other than
in the ordinary course of business, the entry into a definitive agreement to
undertake such an action or the termination of a definitive agreement relating to
any such actions, other than pursuant to its terms
_____ Bankruptcy, insolvency, receivership or similar proceedings of the department *
I certify that no material events occurred for California Community Colleges bondfunded projects in 2012, except as specified above.
_______________________________
Name
_____________________
Date
_______________________________
Title
___________
*The event will be considered to have occurred in the following instances: the appointment of a receiver, fiscal agent, or similar officer for the
Board or a Department in a proceeding under the United States Bankruptcy Code or in any other proceeding under state or federal law in which a
court or governmental authority has assumed jurisdiction over substantially all of the assets or business of the Board or such Department, as
applicable, or if such jurisdiction has been assumed by leaving the existing governing body and officials or officers in possession but subject to
the supervision and orders of a court or governmental authority, or the entry of an order confirming a plan of reorganization, arrangement, or
liquidation by a court or governmental authority having supervision or jurisdiction over substantially all of the assets or business of the Board or
such Department.