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Ord 1998-006
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Ord 1998-006
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Last modified
9/18/2007 4:22:34 PM
Creation date
9/11/2006 1:30:20 PM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1998-6
Date
1/26/1998
Volume Book
131
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<br />ARTICLE V <br /> <br />PAYING AGENT/REGISTRAR <br /> <br />Section 5.01. Appointment of Initial Paying Agent/Registrar ...............,........ 13 <br />Section 5.02. Qualifications........ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 <br />Section 5.03. Maintaining Paying Agent/Registrar .............................,.. 13 <br />Section 5.04. Termination... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 <br />Section 5.05. Notice of Change to Owners. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 <br />Section 5.06. Agreement to Perform Duties and Functions. . . . . . . . . . . . . . . . . . . . . . . . . . 14 <br />Section 5.07. Delivery of Records to Successor .................................. 14 <br /> <br />ARTICLE VI <br /> <br />FORM OF THE BONDS <br /> <br />Section 6.01. Form Generally . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 <br />Section 6.02. Form of Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 <br />Section 6.03. CUSIP Registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 <br />Section 6.04. Legal Opinion; Bond Counsel ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 <br />Section 6.05. Municipal Bond Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 <br /> <br />ARTICLE VII <br /> <br />SALE OF THE BONDS; CONTROL AND DELIVERY OF THE BONDS <br /> <br />Section 7.01. Sale of Bonds; Official Statement .................. . . . . . . . . . . . . . . . . 20 <br />Section 7.02. Control and Delivery of Bonds .................................... 20 <br /> <br />ARTICLE VIII <br /> <br />FUNDS AND ACCOUNTS, INITIAL DEPOSITS <br />AND APPLICATION OF MONEY <br /> <br />Section 8.01. Fund Designations. ............................................. 21 <br />Section 8.02. Initial Deposits; Construction Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 <br />Section 8.03. Revenue Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 <br />Section 8.04. Interest and Sinking Fund ........................................ 22 <br />Section 8.05. Reserve Fund. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 <br />Section 8.06. Deficiencies in Funds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 <br />Section 8.07. Excess Revenues. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , 23 <br />Section 8.08. Security of Funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 <br />Section 8.09. Investments .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 <br />Section 8.10. Investment Income .........................................,... 24 <br /> <br />ARTICLE IX <br /> <br />ADDITIONAL OBLIGATIONS <br /> <br />Section 9.01. Issuance of Additional Parity Obligations Authorized . . . . . . . . . . . . . . . . . . . 24 <br /> <br />R:\SANMAR\WWSS.98\DOCS\ORDNCE <br /> <br />ii <br />
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