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ARTICLE I <br /> DEFINITIONS <br /> Section 1.01. Definitions. Unless the context otherwise requires, the words and terms <br /> defined in this Article shall,for the purpose hereof,have the meanings herein specified. <br /> "Act" means Articles 1 through 4(commencing with section 6500) of Chapter 5,Division <br /> 7,Title 1 of the California Government Code. <br /> "Agreement"means this Agreement. <br /> "Auditor and Treasurer" means the Auditor and Treasurer of the Authority appointed <br /> pursuant to Section 3.02. <br /> "Authority" means the Countywide Public Financing Authority established pursuant to <br /> this Agreement. <br /> "Bond Law" means the Marks-Roos Local Bond Pooling Act of 1985, being Article 4 of <br /> the Act (commencing with section 6584),as now in effect or hereafter amended,Article 2 of the <br /> Act as now in effect or hereafter amended, or any other law available for use by the Authority <br /> in the authorization and issuance of bonds to provide for the financing of Obligations and/or <br /> Public Capital Improvements. <br /> "Bond Purchase Agreement" means an agreement between the Authority and a Member, <br /> pursuant to which the Authority agrees to purchase Obligations from a Member. <br /> "Board" means the Board of Directors referred to in Section 2.04, which shall be the <br /> governing body of the Authority. <br /> "Bonds" means bonds of the Authority issued pursuant to the Bond Law. <br /> "Directors" means the representatives of the Members appointed to the Board pursuant <br /> to Section 2.03. <br /> "Fiscal Year" means the period from July 1st to and including the following June 30th. <br /> "Members" means the Cities of Brea, Buena Park, Fullerton, Garden Grove, Orange, <br /> Santa Ana,Seal Beach,Stanton and Tustin. <br /> "Obligations" has the meaning given to the term "Bonds" in section 6585(c) of the Bond <br /> Law. <br /> "Public Agency" means any public agency authorized by the Act to enter into a joint <br /> exercise of powers agreement with the Members. <br /> "Public Capital Improvement"has the meaning given to such term in section 6585(g) of the <br /> Act, as in effect on the date hereof,and as hereafter amended. <br /> "Secretary" means the Secretary of the Authority appointed pursuant to Section 3.01. <br /> -2- <br />