Section 408. Filing of proceedings with authority.
While any bonds of the authority are outstanding, prior to the delivery of tax anticipation notes to the original purchasers thereof, the city shall file with the authority:
(1) the transcript of proceedings authorizing the issuance of the tax anticipation notes, consisting of the determination authorizing the notes;
(2) the certificate required by section 406 as to the amount of taxes and revenues to be collected during the term of the tax anticipation notes;
(3) the certificate required by section 407; and
(4) a true copy of the accepted proposal for the anticipation notes.