Ord 2012-014 - Laserfiche WebLink

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"" and "" mean the City of San Marcos, Texas, and where appropriate, theity CityIssuer Council. "" means the governing body of the City. City Council "" means the date of initial delivery of and payment for the Bond Closing Date "" means, with respect to a Premium Compound Interest Bond, as of Compounded Amount any particular date of calculation, the original principal amount thereof plus all interest accrued and compounded to the particular date of calculation. "" means the dates on which interest is compounded on the Premium Compounding Dates Compound Interest Bonds as set forth in the Accretion Table attae Pricing Certificate. "" means the Bonds paying current interest and maturing in each of Current Interest Bonds the years and in the aggregate principal amounts set forth in thficate. "" means (i) Federal Securities, (ii) noncallable obligations of agency Defeasance Securities or instrumentality of the United States of America, including obligations that are unconditionally guaranteed or insured by the agency or instrumentality and that, on the date the City Council adopts or approves proceedings authorizing the issuance of refunding bor otherwise provide for the funding of an escrow to effect the defeasance of the Bonds are r as to investment quality by a nationally recognized investment rating firm not less than "AAA" or its equivalent, (iii) noncallable obligations of a state or an agency or a county, municipality, o other political subdivision of a state that have been refunded and that, on the date the City Council adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provideor the funding of an escrow to effect the defeasance of the Bonds, are rated as to investment qty by a nationally recognized investment rating firm no less than "AAA" or its equivalent, and) any other then authorized securities or obligations under applicable State law that may beed to defease obligations such as the Bonds. "" means one or more official depository banks of the City. Depository "" means The Depository Trust Company, New York, New York and its successors and DTC assigns. "" means securities brokers and dealers, banks, trust companies, clearing DTC Participant corporations, and certain other organizations on whose behalf DTas created to hold securities to facilitate the clearance and settlement of securities transactions among DTC Participants. "" means Regions Bank, Houston, Texas or any successor escrow age under Escrow Agent the Escrow Agreement. A-2 San Marcos GORB 2012 - Delegated: Ordinance