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13. Disclosure Documents. The City Representative and such officers and agents of <br />the City as he or she may designate are hereby authorized and directed to prepare, execute, and <br />deliver appropriate notice(s) of sale, preliminary official statement, official statement or such other <br />offering or disclosure documents as may be necessary to expedite the sale of the Bonds. The <br />notice(s) of sale, preliminary official statement, official statement or other documents shall be <br />published in such publications and distributed in such manner, including electronically, and at such <br />times as the City Representative shall determine. <br />14. Continuing Disclosure. The City Representative is hereby authorized and directed <br />to enter into a Continuing Disclosure Agreement for the benefit of the owners of the Bonds to <br />assist the underwriter(s) for the Bonds in complying with the provisions of Section (b)(5) of <br />Securities and Exchange Commission Rule 15c2 -12. <br />15. Authorization of Bond Anticipation Notes. If market or other conditions are such <br />that the City Representative determines that it is not advisable to enter into a long -term financing <br />for all or any portion of the projects specified in the recitals, the City Representative, without <br />further approval of the City Council as to documentation or otherwise, is hereby authorized to <br />execute, deliver and issue short -term notes of the City (the "Notes ") as provided in Section 15.2- <br />2628 of the Virginia Code at public or private sale in anticipation of the issuance of any or all <br />series of the Bonds; provided that the aggregate principal amount of the Notes shall not exceed the <br />principal amount authorized in paragraph 4 of this Ordinance, the term to maturity thereof shall <br />not exceed five years, and the "true" interest cost of the Notes shall not exceed five and one -half <br />percent (5.5 %) per annum (taking into account any original issue discount or premium). The Notes <br />shall be subject to other terms and conditions contained in this Ordinance to the extent not <br />inconsistent with this paragraph 15. The Notes shall be secured in the same manner as the Bonds <br />