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Ord 2006-017
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Ord 2006-017
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Last modified
9/18/2007 4:17:39 PM
Creation date
8/27/2007 8:43:02 AM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
2006-17
Date
5/2/2006
Volume Book
167
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<br />I <br /> <br />I <br /> <br />I <br /> <br />TABLE OF CONTENTS <br /> <br />Recitals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. I <br /> <br />ARTICLE I <br />DEFINITIONS AND OTHER PRELIMINARY MATTERS <br /> <br />Section 1.01. Definitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . I <br />Section 1.02. Other Definitions ............................................ 5 <br />Section 1.03. Findings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 <br />Section 1.04. Table of Contents, Titles and Headings ...........................5 <br />Section 1.05. Interpretation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 <br /> <br />ARTICLE II <br />SECURITY FOR THE BONDS <br /> <br />Section 2.01. Pledge of Revenues for Payment of the Bonds. . . . . . . . . . . . . . . . . . . . . .5 <br />Section 2.02. Special Obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 <br />Section 2.03. Perfection of Security Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 <br /> <br />ARTICLE III <br />AUTHORIZATION; GENERAL TERMS AND PROVISIONS <br />REGARDING THE BONDS <br /> <br />Section 3.01. Authorization ...............................................6 <br />Section 3.02. Date, Denomination, Maturities, Numbers and Interest. . . . . . . . . . . . . . .6 <br />Section 3.03. Medium, Method and Place of Payment . . . . . . . . . . . . . . . . . . . . . . . . . . .7 <br />Section 3.04. Execution and Initial Registration. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 <br />Section 3.05. Ownership.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 <br />Section 3.06. Registration, Transfer and Exchange .............................9 <br />Section 3.07. Cancellation and Authentication. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 <br />Section 3.08. Replacement Bonds ......................................... 11 <br />Section 3.09. Book-Entry-Only System ..................................... 12 <br />Section 3.10. Successor Securities Depository; Transfer <br />Outside Book-Entry-Only System. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 <br />Section 3.11. Payments to Cede & Co ...................................... 14 <br /> <br />ARTICLE IV <br />REDEMPTION OF BONDS BEFORE MATURITY <br /> <br />Section 4.01. Limitation on Redemption .................................... 14 <br />Section 4.02. Optional and Mandatory Redemption. ........................... 14 <br />Section 4.03. Partial Redemption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 <br />Section 4.04. Notice of Redemption to Owners. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 <br /> <br />SANMARCOS/WWWSRev2006-2: Ordinance <br />
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