Res 2020-225/approving an interlocal agreement with the Canyon Regional Water Authority for the treatment and transmission of water from the Canyon Regional Water Authority Hays-Caldwell Water Treatment Plant

Home Browse Search

(1) other costs generally recognized as a part of project construction costs. "Refunding Bonds" means any bonds issued to refund the Outstanding Bonds. "Rule" means SEC Rule 15c2-12, as amended from time to time. "SEC" means the United States Securities and Exchange Commission and any successor to its duties. "Series 2021 Bonds" means the Bonds that the Authority intends to issue to finance the construction of the 2020 Project. "Sale and Offering Documents" means any official notice of sale, official bid form, preliminary official statement, official statement, application to the Texas Water Development Board, or other offering document for the Bonds. "Special Project Bonds" means the Authority's "Taxable Contract Revenue Bonds (San Marcos River Rights Project), Series 2008". "State" means the State of Texas. "System" means all properties, facilities and plants (including the projects relating to the Hays/Caldwell Area Water Treatment Plant) currently owned, operated, and maintained by the Authority for the supply, treatment, and transmission of treated potable water, together will all future extensions, improvements, replacements and additions thereto, whether situated within or without the limits of the Authority; provided, however, that notwithstanding the foregoing, and to the extent now or hereafter authorized or permitted by law, the term System shall not mean to include facilities of any kind which are declared not to be a part of the System and which are acquired or constructed by or on behalf of the Authority with the proceeds from the issuance of bonds, as special revenue obligations of the Authority which are not payable from revenues of the System but which are payable from and equally and ratably secured by other liens on and pledges of any revenues, sources or payments, not pledged to the payment of the System bonds including, but not limited to, special contract revenues or payments received from any other legal entity in connection with such facilities. Section 1.02. Construction. Unless the context requires otherwise, words of the masculine gender shall be construed to include correlative words of the feminine and neuter genders and vice versa, and words of the singular number shall be construed to include correlative words of the plural number and vice versa. This Amended and Restated Contract and all the terms and provisions hereof shall be constructed to effectuate the purposes set forth herein and to sustain the validity of this Amended and Restated Contract. 100585362.23 - 9 -