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Ord 1999-005
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Ord 1999-005
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Last modified
2/4/2010 10:37:53 AM
Creation date
8/10/2006 4:10:34 PM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1999-5
Date
2/8/1999
Volume Book
135
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<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 Special Record Date prescribed by Section 3.03(b) of this <br />Ordinance. <br /> <br />"Surplus Revenues" means the revenues of the 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 ofthe 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 AgentlRegistrar for the payment <br />of the principal of or interest on the Certificates as the same come due and payable and remaining unclaimed <br />by the Owners of Certificates 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 respective meanings assigned in the preamble <br />to this 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 />arIse. <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:ISANMARICO.99\DOCS\ORDNCEFN. WPD <br /> <br />3 <br />
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