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Ord 2013-020/Combination of Tax and Revenue Certificates of Obligation in an amount not to exceed $13,500,000
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Ord 2013-020/Combination of Tax and Revenue Certificates of Obligation in an amount not to exceed $13,500,000
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Last modified
4/3/2014 11:13:43 AM
Creation date
6/10/2013 10:15:15 AM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
2013-20
Date
4/2/2013
Volume Book
196
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TABLE OF CONTENTS <br />Page <br />Recitals................................ ............................... 1 <br />ARTICLE I <br />DEFINITIONS AND OTHER PRELIMINARY MATTERS <br />Section <br />1.01. <br />Definitions ................... ............................... 1 <br />Section <br />1.02. <br />Other Definitions ............. ............................... 4 <br />Section <br />1.03. <br />Findings ..................... ............................... 4 <br />Section <br />1.04. <br />Table of Contents, Titles and Headings ........................... 4 <br />Section <br />1.05. <br />Interpretation ................. ............................... 5 <br />ARTICLE II <br />SECURITY FOR THE CERTIFICATES <br />Section 2.01. Tax Levy for Payment of the Certificates .......................... 5 <br />Section 2.02. Revenue Pledge ................ ..............................5 <br />Section 2.03. Perfection of Security Interest .... ............................... 6 <br />ARTICLE III <br />AUTHORIZATION; GENERAL TERMS AND PROVISIONS <br />REGARDING THE CERTIFICATES <br />Section 3.01. <br />Authorization ..... 6 <br />Section 3.02. <br />Date, Denominations, Maturities, Numbers and Interest and <br />Terms of the Certificates ....... ............................... <br />7 <br />Section 3.03. <br />Medium, Method and Place of Payment ........................... <br />9 <br />Section 3.04. <br />Execution and Initial Registration ............................... <br />10 <br />Section 3.05. <br />Ownership .................. ............................... <br />10 <br />Section 3.06. <br />Registration, Transfer and Exchange ............................ <br />11 <br />Section 3.07. <br />Cancellation and Authentication . ............................... <br />12 <br />Section 3.08. <br />Replacement Certificates ...... ............................... <br />13 <br />Section 3.09. <br />Book -Entry -Only System ...... ............................... <br />14 <br />Section 3.10. <br />Successor Securities Depository; Transfer Outside <br />Book -Entry Only System ...... ............................... <br />15 <br />Section 3.11. <br />Payments to Cede & Co ....... ............................... <br />15 <br />ARTICLE IV <br />REDEMPTION OF CERTIFICATES BEFORE MATURITY <br />Section 4.01. Limitation on Redemption ..... ............................... 16 <br />Section 4.02. Optional, Mandatory and Extraordinary Redemption ................ 16 <br />(i) <br />
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