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Ord 2002-064
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Ord 2002-064
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Last modified
6/29/2006 2:49:49 PM
Creation date
6/29/2006 2:48:54 PM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Emergency Approval
Number
2002-64
Date
9/23/2002
Volume Book
149
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<br />"Representation Letter" means the Blanket Issuer Letter of Representations with respect to the <br />Certificates and other obligations of the City, between the City and DTC. <br /> <br />"Special Payment Date" means the Special Payment Date prescribed by Section 3.03(b) of this <br />Ordinance. <br /> <br />"Special Record Date" means the new record date for interest payment established in the event of <br />a nonpayment of interest on a scheduled payment date, and for 30 days thereafter, as described in Section <br />3.03(b) of this Ordinance. <br /> <br />"Surplus Revenues" means the revenues ofthe City's waterworks and sewer system, not to exceed <br />$1,000, available after deduction of the reasonable expenses of said System and the payment of all debt <br />service, reserve and other requirements with respect to all of the City's revenue bonds and other obligations, <br />now outstanding or hereafter issued, that are payable in whole or in part from a pledge of all or part of the <br />revenues of such system. <br /> <br />"Unclaimed Payments" means money deposited with the Paying Agent/Registrar for the payment <br />of principal, redemption premium, if any, or interest on the Certificates as the same become due and payable <br />or money set aside for the payment of Certificates duly called for redemption prior to maturity, and remaining <br />unclaimed for 90 days after the applicable payment or redemption date. <br /> <br />Section 1.02. Other Definitions. <br /> <br />The terms "City Council" and "City" shall have the meaning assigned in the preamble to this <br />Ordinance. <br /> <br />Section 1.03. Findings. <br /> <br />The declarations, determinations and findings declared, made and found in the preamble to this <br />Ordinance are hereby adopted, restated and made a part of the operative provisions hereof. <br /> <br />Section 1.04. Table of Contents. Titles and Headings. <br /> <br />The table of contents, titles and headings of the Articles and Sections of this Ordinance have been <br />inserted for convenience of reference only and are not to be considered a part hereof and shall not in any way <br />modifY or restrict any of the terms or provisions hereof and shall never be considered or given any effect in <br />construing this Ordinance or any provision hereof or in ascertaining intent, if any question of intent should <br />anse. <br /> <br />Section 1.05. Interpretation. <br /> <br />(a) Unless the context requires otherwise, words of the masculine gender shall be construed to <br />include correlative words of the feminine and neuter genders and vice versa, and words of the singular <br />number shall be construed to include correlative words of the plural number and vice versa. <br /> <br />(b) This Ordinance and all the terms and provisions hereof shall be liberally construed to <br />effectuate the purposes set forth herein to sustain the validity of this Ordinance. <br /> <br />R:\San M arcos\CO. 02\Docs\Ord inance\Final. wpd <br /> <br />3 <br />
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