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55394.00068\42092413.3 <br /> <br />TABLE OF CONTENTS <br /> <br />Page <br /> <br /> -i- <br /> <br />ARTICLE I <br />DEFINITIONS <br />SECTION 1.01. DEFINITIONS .................................................................................................... 2 <br />SECTION 1.02. RULES OF CONSTRUCTION ........................................................................ 12 <br />ARTICLE II <br />REPRESENTATIONS AND WARRANTIES <br />SECTION 2.01. REPRESENTATIONS BY THE CITY ............................................................ 13 <br />SECTION 2.02. REPRESENTATIONS AND WARRANTIES BY THE AUTHORITY ......... 13 <br />ARTICLE III <br />ACQUISITION AND CONSTRUCTION OF PROJECT <br />SECTION 3.01. ACQUISITION AND CONSTRUCTION OF PROJECT; <br />COMPONENTS ............................................................................................ 14 <br />SECTION 3.02. CHANGES TO THE PROJECT ....................................................................... 15 <br />ARTICLE IV <br />INSTALLMENT PAYMENTS <br />SECTION 4.01. PURCHASE PRICE. ........................................................................................ 15 <br />SECTION 4.02. INSTALLMENT PAYMENTS; RESERVE FUND PAYMENTS. ................. 16 <br />ARTICLE V <br />SYSTEM REVENUES <br />SECTION 5.01. COMMITMENT OF THE NET SYSTEM REVENUES................................. 16 <br />SECTION 5.02. ALLOCATION OF SYSTEM REVENUES .................................................... 17 <br />SECTION 5.03. ADDITIONAL OBLIGATIONS. ..................................................................... 17 <br />SECTION 5.04. MAINTENANCE AND OPERATION OBLIGATIONS ................................ 18 <br />ARTICLE VI <br />COVENANTS OF THE CITY <br />SECTION 6.01. COMPLIANCE WITH INSTALLMENT PURCHASE AGREEMENT <br />AND ANCILLARY AGREEMENTS ........................................................... 19 <br />SECTION 6.02. AGAINST ENCUMBRANCES ....................................................................... 19 <br />SECTION 6.03. DEBT SERVICE RESERVE FUND ................................................................ 19 <br />SECTION 6.04. AGAINST SALE OR OTHER DISPOSITION OF PROPERTY .................... 20 <br />SECTION 6.05. AGAINST COMPETITIVE FACILITIES ....................................................... 20 <br />SECTION 6.06. PROMPT ACQUISITION AND CONSTRUCTION ...................................... 20 <br />  <br />  <br />City Council 38 – 12 6/4/2024