Laserfiche WebLink
"Special Payment Date" means the Special Payment Date prescribed by Section 3.03(b) of <br /> this Ordinance. <br /> "Special Record Date" means the new record date for interest payment established in the <br /> event of a nonpayment of interest on a scheduled payment date, and for 30 days thereafter, as <br /> described in Section 3.03(b) of this Ordinance. <br /> "Surplus Revenues" means the revenues of the City's waterworks and waste water system, <br /> not to exceed $1,000, available after deduction of the reasonable expenses of said system and the <br /> payment of all debt service,reserve and other requirements with respect to all of the City's revenue <br /> bonds and other obligations,now outstanding or hereafter issued,that are payable in whole or in part <br /> from a pledge of all or part of the revenues of such system. <br /> "Unclaimed Payments" means money deposited with the Paying Agent/Registrar for the <br /> payment of principal,redemption premium,if any,or interest on the Certificates as the same become <br /> due and payable or money set aside for the payment of Certificates duly called for redemption prior <br /> to maturity, and remaining unclaimed for 90 days after the applicable payment or redemption date. <br /> Section 1.02. Other Definitions. <br /> The terms"City Council"and"City" shall have the meaning assigned in the preamble to this <br /> Ordinance. <br /> Section 1.03. Findings. <br /> The declarations, determinations and findings declared,made and found in the preamble to <br /> this Ordinance are hereby adopted, restated and made a part of the operative provisions hereof <br /> Section 1.04. Table of Contents, Titles and Headings. <br /> The table of contents,titles and headings of the Articles and Sections of this Ordinance have <br /> been inserted for convenience of reference only and are not to be considered a part hereof and shall <br /> not in any way modify or restrict any of the terms or provisions hereof and shall never be considered <br /> or given any effect in construing this Ordinance or any provision hereof or in ascertaining intent, if <br /> any question of intent should arise. <br /> Section 1.05. Interpretation. <br /> (a) Unless the context requires otherwise, words of the masculine gender shall be <br /> construed to include correlative words of the feminine and neuter genders and vice versa,and words <br /> of the singular number shall be construed to include correlative words of the plural number and vice <br /> versa. <br /> (b) This Ordinance and all the terms and provisions hereof shall be liberally construed <br /> to effectuate the purposes set forth herein to sustain the validity of this Ordinance. <br /> San Marcos CTRCO 2017*Ordinance 4 <br />