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Ord 2011-057
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Ord 2011-057
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1/23/2015 9:18:30 AM
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4/18/2012 11:08:41 AM
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TABLE OF CONTENTS <br />Section 1. RECITALS ....................... ............................... 2 <br />Section 2. DEFINITIONS .................... ............................... 2 <br />Section 3. AMOUNT, NAME, PURPOSE, AND AUTHORIZATION ................. 2 <br />Section 4. DATE, DENOMINATION, MATURITIES, NUMBERS, INTEREST <br />AND REDEMPTION . ............... ..............................2 <br />Section 5. <br />REDEMPTION .................... ............................... <br />4 <br />(a) Right of Redemption ........... ............................... <br />4 <br />(b) Notice of Redemption to Bondholder .............................. <br />4 <br />(c) Effect of Redemption ........... ............................... <br />4 <br />(d) Conditional Notice of Redemption . ............................... <br />5 <br />Section 6. <br />CHARACTERISTICS OF THE BONDS ............................... <br />5 <br />(a) Registration, Transfer, Conversion and Exchange; Authentication ........ <br />5 <br />(b) Payment of Principal and Interest .. ............................... <br />6 <br />(c) In General .................... ..............................6 <br />(d) Substitute Paying Agent/Registrar . ............................... <br />6 <br />(e) Book - Entry-Only System ........ ............................... <br />7 <br />(f) Successor Securities Depository; Transfer Outside <br />Book - Entry-Only System ........ ............................... <br />8 <br />(g) Payments to Cede & Co ......... ............................... <br />8 <br />(h) DTC Blanket Letter of Representations ............................ <br />8 <br />(i) Cancellation of Initial Bond ....... ............................... <br />8 <br />Section 7. <br />FORM OF BONDS ................. ............................... <br />8 <br />Section 8. <br />TAX LEVY ..................... ............................... <br />18 <br />Section 9. <br />DEFEASANCE OF BONDS ......... ............................... <br />18 <br />Section 10. DAMAGED, MUTILATED, LOST, STOLEN, OR DESTROYED BONDS ... 20 <br />(a) Replacement Bonds ........... ............................... 20 <br />(b) Application for Replacement Bonds .............................. 20 <br />(c) No Default Occurred .......... ............................... 20 <br />(d) Charge for Issuing Replacement Bonds ........................... 20 <br />(e) Authority for Issuing Replacement Bonds .......................... 20 <br />Section 11. CUSTODY, APPROVAL, AND REGISTRATION OF BOND; <br />BOND COUNSEL'S OPINION ...................................... 20 <br />i <br />
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