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Ord 2003-068
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Ord 2003-068
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Last modified
9/18/2007 4:20:01 PM
Creation date
5/13/2004 8:50:19 AM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
2003-68
Date
11/10/2003
Volume Book
154
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Section 5.04. <br />Section 5.05. <br />Section 5.06. <br />Section 5.07. <br /> <br />Termination ..................................................... 13 <br />Notice of Change to Owners ........................................ 14 <br />Agreement to Perform Duties and Functions ........................... 14 <br />Delivery of Records to Successor .................................... 14 <br /> <br /> ARTICLE VI <br />FORM OF THE BONDS <br /> <br />Section 6.01. Form Generally .................................................. 14 <br />Section 6.02. Form of Bonds ................................................... 14 <br />Section 6.03. CUSIP Registration ............................................... 19 <br />Section 6.04. Legal Opinion ................................................... 19 <br />Section 6.05. Municipal Bond Insurance .......................................... 19 <br /> <br /> ARTICLE VII <br />SALE OF THE BONDS; CONTROL AND DELIVERY OF THE BONDS <br /> <br />Section 7.01. Sale of Bonds; Official Statement .................................... 20 <br />Section 7.02. Control and Delivery of Bonds ...................................... 20 <br /> <br /> ARTICLE VIII <br />FUNDS AND ACCOUNTS, INITIAL DEPOSITS <br />AND APPLICATION OF MONEY <br /> <br />Section 8.01. <br />Section 8.02. <br />Section 8.03. <br />Section 8.04. <br />Section 8.05. <br />Section 8.06. <br />Section 8.07. <br />Section 8.08. <br />Section 8.09. <br />Section 8.10. <br /> <br />Fund Designations ................................................ 21 <br />Initial Deposits; Construction Fund ................................... 21 <br />Revenue Fund ................................................... 22 <br />Interest and Sinking Fund .......................................... 22 <br />Reserve Fund .................................................... 23 <br />Deficiencies in Funds ............................................. 23 <br />Excess Revenues ................................................. 24 <br />Security of Funds ................................................. 24 <br />Investments ..................................................... 24 <br />Investment Income ................................................ 24 <br /> <br /> ARTICLE IX <br />ADDITIONAL OBLIGATIONS <br /> <br />Section 9.01. Issuance of Additional Parity Obligations Authorized .................... 24 <br /> <br /> ARTICLE X <br />PARTICULAR REPRESENTATIONS AND COVENANTS <br /> <br />Section 10.01. Rates and Charges ............................................... 25 <br />Section 10.02. Maintenance and Operation; Insurance ............................... 26 <br />Section t0.03. Records; Accounts; Accounting Reports .............................. 26 <br />Section 10.04. Special Covenants ............................................... 27 <br />Section 10.05. Payment of the Bonds ............................................ 27 <br />Section 10.06. Other Representations and Covenants ................................ 27 <br />Section 10.07 Federal Tax Matters .............................................. 28 <br /> <br />R:\San Marcos\WWSS.03\Docs\Ordinance\WS Ord Final.wpd ii <br /> <br /> <br />
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