The School District will need to provide one of the following from LAFD with its application:

• Qualified Status Letter
• Prior Approval Letter
• Evidence of Application for Prior Approval or Reconsideration.

1. Completed application with monthly and weekly cash flows (weekly cash flow for the month with greatest deficit).
2. Borrowing Resolution adopted by school district's board of education.
3. Most recent board approved budget, including any amendments and June 30, 2013 estimated fund balance.

1. July 31, 2012 - the Authority is scheduled to price the notes in the morning and will send an email to the school district and note counsel with interest rate notification.
2. August 1, 2012 - the Authority will overnight Purchase Contracts. An Authorized Officer, as defined by the Borrowing Resolution, must sign two (2) copies of each Purchase Contract.
3. August 2, 2012 - a signed copy of the Purchase Contract must be emailed or faxed to the Authority by 2:00 P.M.

1. The Authority will deliver the forms of the closing documents to the school district's note counsel in advance of the closing date.
2. Each school district must coordinate with its note counsel to complete all required closing documents and obtain the appropriate signatures on the closing documents.
3. On or before August 13, 2012 - each school district's note counsel must deliver all required documents to the Authority.
4. On the closing date, August 20, 2012, the Authority's trustee will wire note proceeds according to the instructions provided by the borrower.