Ord 2010-011 - Laserfiche WebLink

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"Pricing Certificate" means the Pricing Certificate of the City's Pricing Officer to be executed and delivered pursuant to Section 3.02 hereof in connection with the issuance of one or more series of the Certificates. "Pricing Officer" means the City Manager, or in his absence, the Mayor, acting as the designated Pricing Officer of the City to execute the Pricing Certificate. "Purchaser" means the person, firm or entity initially purchasing one or more series of Certificates from the City and which is designated in Section 3.04(c) of this Ordinance. "Record Date" means the last business day of the month next preceding an Interest Payment Date. "Register" means the Register specified in Section 3.06(a) of this Ordinance. "Representation Letter" means the Blanket Issuer Letter of Representations with respect to the Certificates and other obligations of the City, between the City and DTC. "Special Payment Date" means the Special Payment Date prescribed by Section 3.03 (b) ofthis Ordinance. "Special Record Date" means the new record date for interest payment established in the event of a nonpayment of interest on a scheduled payment date, and for 30 days thereafter, as described in Section 3.03(b) of this Ordinance. "Surplus Revenues" means the revenues of the City's waterworks and waste water system, not to exceed $1,000, available after deduction of the reasonable expenses of said system and the payment of all debt service, reserve and other requirements with respect to all of the City's revenue bonds and other obligations, now outstanding or hereafter issued, that are payable in whole or in part from a pledge of all or part of the revenues of such system. "Taxable Certificates" means the series of Certificates bearing interest at a taxable rate. "Tax- Exempt Certificates" means the series of Certificates bearing interest which is excludable from gross income for Federal taxation purposes pursuant to Section 103 of the Code. "Unclaimed Payments" means money deposited with the Paying Agent/Registrar for the payment of principal, redemption premium, if any, or interest on the Certificates as the same become due and payable or money set aside for the payment of Certificates duly called for redemption prior to maturity, and remaining unclaimed for 90 days after the applicable payment or redemption date. San Marcos CTRCO 2010: Ordinance