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Ord 2012-014
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Ord 2012-014
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8/13/2012 2:19:28 PM
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8/13/2012 2:17:36 PM
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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, <br />INTEREST AND REDEMPTION....................................2 <br />Section 5.REDEMPTION............................................4 <br />(a) Right of Redemption.........................................4 <br />(b) Notice of Redemption to Bondholder.........................4 <br />(c) Effect of Redemption.......................................5 <br />(d) Conditional Notice of Redemption...........................5 <br />Section 6.CHARACTERISTICS OF THE BONDS...............................5 <br />(a) Registration, Transfer, Conversion and Exchange; Authentica.............5 <br />(b) Payment of Principal and Interest..........................6 <br />(c) In General.................................................6 <br />(d) Substitute Paying Agent/Registrar..........................7 <br />(e) Book-Entry-Only System.................................7 <br />(f) Successor Securities Depository; Transfer Outside Book-Entry-Only System.......8 <br />(g) Payments to Cede & Co.......................................8 <br />(h) DTC Blanket Letter of Representations...................................8 <br />(i) Cancellation of Initial Bond................................8 <br />Section 7.FORM OF BONDS.........................................9 <br />Section 8.TAX LEVY..............................................18 <br />Section 9.DEFEASANCE OF BONDS...................................19 <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.................................21 <br />(e) Authority for Issuing Replacement Bonds................................21 <br />Section 11.CUSTODY, APPROVAL, AND REGISTRATION OF BOND; <br />BOND COUNSEL'S OPINION.....................................21 <br />i <br /> <br />
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