§ 5009. Limited Offering and Public Offering Bond Sales.

Applications for Bonds to be issued and sold will be deemed to have satisfied evidence of a Bond sale plan required in section 5007 if the following is provided:

(a) Project Sponsor (borrower).

• (b) Project name and location.

• (c) Bond offering amount.

(d) Salient terms and conditions, including but not limited to the fee structure, proposed term, security, collateral, guarantee, and expiration date of the commitment.

(e) Evidence that the placement agent or underwriter is committed to move forward with the transaction if the terms and conditions in the preliminary placement agent or underwriter statement are met.

NOTE: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.85(a) and 8869.85(b), Government Code.