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Ord 1999-003
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Ord 1999-003
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Last modified
8/10/2006 4:02:05 PM
Creation date
8/10/2006 4:00:23 PM
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City Clerk
City Clerk - Document
Ordinances
Number
1999-3
Date
2/8/1999
Volume Book
135
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<br />"Representation Letter" means the Letter of Representations with respect to the Bonds, between the <br />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 Order. <br /> <br />"Term Bonds" means those Bonds, if any, that are subject to mandatory sinking fund redemption, <br />as provided in Section 4.03 of this Ordinance. <br /> <br />"Unclaimed Payments" means money deposited with the Paying Agent/Registrar for the payment <br />of the principal of or interest on the Bonds as the same come due and payable and remaining unclaimed by <br />the Owners of Bonds 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:ISANMARlGORl.99\DOCS\ORDNCEFN,WPD <br /> <br />4 <br />
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