Evidence of California Environmental Quality Act (CEQA) compliance or exemption
Master Indenture or other document containing Borrower or Obligated Group existing covenants
Latest Rating Agency Reports of Borrower or Obligated Group
Bond Documents
Substantially Final Drafts due no later than 10th of the month in which approval is sought; further refinements of the documents may continue to be submitted to CEFA staff
Standard provisions of CEFA Loan Agreements and Indentures to be used: CEFA is working on establishing template documents and language and once approved, will post template language. In the meantime, please consult with CEFA to determine what provisions and language will be required for your specific transaction.
Recitals
Representations
Reporting Requirements
Indemnification
California Choice of Law
Venue in Sacramento County
CEFA named as "Additional Insured"
Signature block format
Tax Agreement provisions, including rebate reporting: CEFA is working on establishing template documents and language and once approved, will post template language. In the meantime, please consult with CEFA to determine what provisions and language will be required for your specific transaction.
CEFA Closing Certificate Forms: CEFA is working on establishing template documents and language and once approved, will post template language. In the meantime, please consult with CEFA to determine what provisions and language will be required for your specific transaction.
Underwriting Documents
Substantially final drafts due no later than 10th of the month in which approval is sought; further refinements of the documents may continue to be submitted to CEFA staff
Standard provisions of CEFA Bond Purchase Agreement and Official Statement: CEFA is working on establishing template documents and language and once approved, will post template language. In the meantime, please consult with CEFA to determine what provisions and language will be required for your specific transaction.
CEFA disclosure/disclaimers
Required legal opinions
Issuer Counsel
Bond Counsel (validity opinion and supplemental opinion including Securities and Exchange (SEC) Commission § 10b(5) opinion)
Underwriter's Counsel
Borrower Counsel (must cover SEC § 10 b(5) opinion on full Official Statement with very limited exclusions)
Authority 15c-2(12) Certificates: CEFA is working on establishing template documents and language and once approved, will post template language. In the meantime, please consult with CEFA to determine what provisions and language will be required for your specific transaction.
