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Series 1994A
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Vol. 1- City of Santa Ana Financing Authority (Police Admin. and Holding Facility)
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Series 1994A
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(5) That such Additional Bonds shall be issued only in Authorized <br /> Denominations; <br /> (6) The redemption premiums, if any, and the redemption terms, if <br /> any, for such Additional Bonds; <br /> (7) The amount, if any, to be deposited from the proceeds of sale of <br /> such Additional Bonds in the Interest Account; <br /> (8) The amount, if any, to be deposited from the proceeds of sale of <br /> such Additional Bonds in the Acquisition Fund; <br /> (9) The amount to be deposited from the proceeds of sale of such <br /> Additional Bonds in the Reserve Account, which amount shall be sufficient to <br /> cause the amount on deposit in the Reserve Account to equal the Reserve <br /> Requirement upon the issuance of such Additional Bonds; <br /> (10) The forms of such Additional Bonds; and <br /> (11) Such other provisions as are necessary or appropriate and not <br /> inconsistent herewith. <br /> (c) The Lease shall have been amended so as to increase the Base Rental <br /> payable by the City thereunder by an amount at least sufficient to pay the interest on <br /> and principal of such Additional Bonds as the same become due. <br /> (d) Evidence that the Authority has received the written consent of the <br /> Bond Insurer, to any such issuance of Additional Bonds, provided that with respect <br /> to Additional Bonds issued for the purpose of(i) completion of the Project, such <br /> consent shall not be unreasonably withheld, and (ii) refunding Outstanding Bonds for <br /> debt service savings, no consent of the Bond Insurer shall be required. <br /> Nothing contained herein shall limit the issuance of any lease revenue bonds <br /> of the Authority payable from the Revenues and secured by a pledge of the Revenues if <br /> after the issuance and delivery of such lease revenue bonds none of the Bonds theretofore <br /> issued hereunder will be Outstanding. <br /> SECTION 2.13. Procedure for the Issuance of Additional Bonds. The <br /> Authority may, at any time, execute Additional Bonds for issuance hereunder and deliver <br /> them to the Trustee, and thereupon such Additional Bonds shall be authenticated and <br /> delivered by the Trustee to the purchaser thereof upon the Written Request of the <br /> Authority, but only upon receipt by the Trustee of the following documents or money or <br /> securities, all of such documents dated or certified, as the case may be, as of the date of <br /> delivery of such Additional Bonds by the Trustee: <br /> LA1-63221.5 30 <br />
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