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Ord 2011-072
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Ord 2011-072
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Last modified
12/20/2012 1:44:31 PM
Creation date
4/18/2012 11:27:23 AM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
2011-072
Date
12/6/2012
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TABLE OF CONTENTS <br />Page <br />Recitals............................. ............................... 1 <br />ARTICLE I <br />DEFINITIONS AND OTHER PRELIMINARY MATTERS <br />Section 1.01. <br />Definitions ................. ............................... <br />1 <br />Section 1.02. <br />Other Definitions ............ ............................... <br />4 <br />Section 1.03. <br />Findings ................... ............................... <br />4 <br />Section 1.04. <br />Table of Contents, Titles and Headings .......................... <br />4 <br />Section 1.05. <br />Interpretation ............... ............................... <br />4 <br />ARTICLE II <br />SECURITY FOR THE CERTIFICATES <br />Section 2.01. Tax Levy for Payment of the Certificates ......................... 4 <br />Section 2.02. Revenue Pledge ............. ............................... 5 <br />Section 2.03. Perfection of Security Interest .. ............................... 5 <br />Section 2.04. Appropriation .............. ............................... 5 <br />ARTICLE III <br />AUTHORIZATION; GENERAL TERMS <br />AND PROVISIONS REGARDING THE CERTIFICATES <br />Section 3.01. <br />Authorization ............... ............................... 5 <br />Section 3.02. <br />Date, Denomination, Maturities, Numbers and Interest .............. <br />6 <br />Section 3.03. <br />Medium, Method and Place of Payment .......................... <br />6 <br />Section 3.04. <br />Execution and Initial Registration .............................. <br />7 <br />Section 3.05. <br />Ownership ................. ............................... <br />8 <br />Section 3.06. <br />Registration, Transfer and Exchange ............................ <br />9 <br />Section 3.07. <br />Cancellation and Authentication ............................... <br />10 <br />Section 3.08. <br />Replacement Certificates ..... ............................... <br />11 <br />Section 3.09. <br />Book -Entry Only System ..... ............................... <br />12 <br />Section 3.10. <br />Successor Securities Depository; Transfer Outside <br />Book -Entry Only System .... ............................... <br />13 <br />Section 3.11. <br />Payments to Cede & Co ...... ............................... <br />13 <br />ARTICLE IV <br />REDEMPTION OF CERTIFICATES BEFORE MATURITY <br />Section 4.01. Limitation on Redemption .... ............................... 13 <br />Section 4.02. Redemption of Certificates Prior to Maturity ..................... 13 <br />Section 4.03. Partial Redemption ......... ............................... 14 <br />(i) <br />
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