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2014-048 - Execution and Delivery By the City of a Master Installment Purchase Agreement
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2014-048 - Execution and Delivery By the City of a Master Installment Purchase Agreement
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Last modified
7/28/2014 4:26:48 PM
Creation date
7/28/2014 4:22:49 PM
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City Clerk
Doc Type
Resolution
Doc #
2014-048
Date
7/15/2014
Destruction Year
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TABLE OF CONTENTS <br />Page <br />ARTICLE I DEFINITIONS; EQUAL SECURITY ............................. ............................... <br />2 <br />Section 1.01. <br />Definitions ............................................................. ............................... <br />2 <br />Section 1.02. <br />Equal Security ..................................................... ............................... <br />11 <br />Section 1.03. <br />Number, Gender and Variants ............................ ............................... <br />11 <br />Section 1.04. <br />Articles, Sections, Etc ......................................... ............................... <br />11 <br />ARTICLE II ISSUANCE <br />OF 2014 BONDS; REGISTRATION AND TRANSFER <br />OFBONDS ..................................................................... ............................... <br />12 <br />Section 2.01. <br />Authorization and Purpose of 2014 Bonds ......... ............................... <br />12 <br />Section 2.02. <br />Execution of 2014 Bonds .................................... ............................... <br />12 <br />Section 2.03. <br />Transfer and Payment of Bonds .......................... ............................... <br />12 <br />Section 2.04. <br />Exchange of Bonds ............................................. ............................... <br />13 <br />Section 2.05. <br />Bond Registration Books .................................... ............................... <br />13 <br />Section 2.06. <br />Mutilated, Destroyed, Stolen or Lost Bonds ....... ............................... <br />13 <br />Section 2.07. <br />Temporary Bonds ................................................ ............................... <br />14 <br />Section 2.08. <br />Validity of Bonds ................................................ ............................... <br />14 <br />Section 2.09. <br />Book -Entry System ............................................. ............................... <br />14 <br />Section 2.10. <br />Procedure for Issuance of 2014 Bonds ............... ............................... <br />17 <br />ARTICLE III TERMS <br />OF 2014 BONDS ............................................. ............................... <br />17 <br />Section 3.01. <br />Terms of 2014 Bonds .......................................... ............................... <br />17 <br />Section 3.02. <br />Redemption of 2014 Bonds ................................ ............................... <br />18 <br />Section 3.03. <br />Form of 2014 Bonds ........................................... ............................... <br />19 <br />ARTICLE IV ISSUANCE <br />OF ADDITIONAL BONDS ...................... ............................... <br />20 <br />Section 4.01. <br />Conditions for the Issuance of Additional Bonds .............................. <br />20 <br />Section 4.02. <br />Procedure for the Issuance of Additional Bonds ............................... <br />21 <br />ARTICLE V ESTABLISHMENT <br />OF FUNDS; DEPOSIT AND APPLICATION <br />OFPROCEEDS .............................................................. ............................... <br />22 <br />Section 5.01. <br />Establishment of Funds and Accounts ................ ............................... <br />22 <br />Section 5.02. <br />Application of Proceeds ...................................... ............................... <br />22 <br />Section 5.03. <br />Use of Moneys in the Acquisition Fund; Costs of Issuance <br />Fund.................................................................... ............................... <br />23 <br />ARTICLE VI REVENUES .................................................................... ............................... <br />24 <br />Section 6.01. <br />Pledge of Revenues ............................................. ............................... <br />24 <br />Section 6.02. <br />Receipt and Deposit of Revenues in the Payment Fund .................... <br />24 <br />Section 6.03. <br />Establishment and Maintenance of Accounts for Use of Money <br />in the Payment Fund ........................................... ............................... <br />24 <br />Section 6.04. <br />Investment of Moneys in Funds and Accounts ... ............................... <br />26 <br />55394.00011 \8754149.4 -i- <br />
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