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Agenda Packet_2024-06-04
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Agenda Packet_2024-06-04
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5/29/2024 5:56:40 PM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
6/4/2024
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55394.00068\42092121.3 <br /> <br />TABLE OF CONTENTS <br /> <br />Page <br /> <br /> -i- <br /> <br />ARTICLE I DEFINITIONS; EQUAL SECURITY ............................................................ 2 <br />Section 1.01. Definitions............................................................................................ 2 <br />Section 1.02. Equal Security .................................................................................... 11 <br />Section 1.03. Number, Gender and Variants ........................................................... 11 <br />Section 1.04. Articles, Sections, Etc. ....................................................................... 11 <br />ARTICLE II ISSUANCE OF 2024 BONDS; REGISTRATION AND TRANSFER <br />OF BONDS .................................................................................................... 12 <br />Section 2.01. Authorization and Purpose of 2024 Bonds ........................................ 12 <br />Section 2.02. Execution of 2024 Bonds ................................................................... 12 <br />Section 2.03. Transfer and Payment of Bonds ......................................................... 12 <br />Section 2.04. Exchange of Bonds ............................................................................ 13 <br />Section 2.05. Bond Registration Books ................................................................... 13 <br />Section 2.06. Mutilated, Destroyed, Stolen or Lost Bonds ...................................... 13 <br />Section 2.07. Temporary Bonds............................................................................... 14 <br />Section 2.08. Validity of Bonds ............................................................................... 14 <br />Section 2.09. Book-Entry System ............................................................................ 14 <br />Section 2.10. Procedure for Issuance of 2024 Bonds .............................................. 17 <br />ARTICLE III TERMS OF 2024 BONDS ............................................................................ 17 <br />Section 3.01. Terms of 2024 Bonds ......................................................................... 17 <br />Section 3.02. Redemption of 2024 Bonds ............................................................... 18 <br />Section 3.03. Form of 2024 Bonds .......................................................................... 20 <br />ARTICLE IV ISSUANCE OF ADDITIONAL BONDS ..................................................... 20 <br />Section 4.01. Conditions for the Issuance of Additional Bonds .............................. 20 <br />Section 4.02. Procedure for the Issuance of Additional Bonds ............................... 21 <br />ARTICLE V ESTABLISHMENT OF FUNDS; DEPOSIT AND APPLICATION <br />OF PROCEEDS ............................................................................................. 23 <br />Section 5.01. Establishment of Funds and Accounts ............................................... 23 <br />Section 5.02. Application of Proceeds ..................................................................... 23 <br />Section 5.03. Use of Moneys in the Acquisition Fund; Costs of Issuance <br />Fund ................................................................................................... 23 <br />ARTICLE VI REVENUES ................................................................................................... 24 <br />Section 6.01. Pledge of Revenues ............................................................................ 24 <br />Section 6.02. Receipt and Deposit of Revenues in the Payment Fund .................... 25 <br />Section 6.03. Establishment and Maintenance of Accounts for Use of Money <br />in the Payment Fund .......................................................................... 25 <br />Section 6.04. Investment of Moneys in Funds and Accounts .................................. 27 <br /> <br /> <br />City Council 38 – 96 6/4/2024
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