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Table of Contents <br />ARTICLE I Definitions........................................................................................................... <br />3 <br />Section 1.01. <br />Definitions............................................................................................ <br />3 <br />Section1.02. <br />Construction......................................................................................... <br />9 <br />ARTICLE II Representations <br />and Warranties........................................................................ <br />10 <br />Section 2.01. <br />Representations and Warranties of Authority .................................... <br />10 <br />Section 2.02. <br />Representations and Warranties of Participating Members ............... <br />10 <br />Section 2.03. <br />Representations of City...................................................................... <br />11 <br />ARTICLE III Construction of Project and Issuance of Bonds ................................................ <br />11 <br />Section 3.01. <br />Agreements of the Parties.................................................................. <br />11 <br />Section 3.02. <br />Contribution of the City..................................................................... <br />11 <br />Section 3.03. <br />Allocation of the Projects................................................................... <br />12 <br />Section 3.04. <br />Allocation of Special Project Bonds .................................................. <br />13 <br />Section 3.05. <br />Construction of Project...................................................................... <br />13 <br />Section 3.06. <br />Compliance with Certain City Rules and Regulations ...................... <br />13 <br />Section 3.07. <br />Issuance of Bonds.............................................................................. <br />14 <br />Section3.08. <br />Liens................................................................................................... <br />15 <br />Section 3.09. <br />Tax -Exempt Bonds............................................................................ <br />15 <br />Section 3.10. <br />Payment to Rebate Fund.................................................................... <br />15 <br />Section 3.11. <br />Sale and Offering Documents............................................................ <br />16 <br />Section 3.12. <br />Authority's Rights Assigned to Trustee ............................................. <br />16 <br />ARTICLE IV Sale and <br />Purchase of Treated Water; Operating Requirements ........................ <br />16 <br />Section 4.01. <br />Water Conveyance; Right of First Refusal to Purchase <br />Capacity............................................................................................. <br />16 <br />Section 4.02. <br />Points of Delivery.............................................................................. <br />17 <br />Section 4.03. <br />Other Contracts.................................................................................. <br />17 <br />Section4.04. <br />Quality................................................................................................ <br />18 <br />Section 4.05. <br />Metering Equipment.......................................................................... <br />18 <br />Section 4.06. <br />Pressure, Backflow, Maximum Rate of Flow .................................... <br />19 <br />ARTICLE V Fiscal <br />Provisions............................................................................................... <br />19 <br />Section 5.01. <br />Annual Requirement of the Participating Members .......................... <br />19 <br />Section 5.02. <br />Annual City Payment......................................................................... <br />20 <br />Section 5.03. <br />Annual Budget................................................................................... <br />20 <br />Section 5.04. <br />Payments by Contracting Parties....................................................... <br />21 <br />Section 5.05. <br />Unconditional Payments.................................................................... <br />23 <br />Section 5.06. <br />Continuing Right to Treated Water .................................................... <br />24 <br />ARTICLE VI Additional <br />Participating Members.................................................................... <br />24 <br />Section 6.01. <br />Additional Participating Members ..................................................... <br />24 <br />100585362.23 - 1 - <br />