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2016-037 - Authorizing the issuance of the City’s General Obligation Bonds, Series 2016; approving the use of a paying agent/registrar agreement; engaging bond counsel ....
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2016-037 - Authorizing the issuance of the City’s General Obligation Bonds, Series 2016; approving the use of a paying agent/registrar agreement; engaging bond counsel ....
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12/13/2016 9:26:14 AM
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CITY CLERK
CITY CLERK - Date
12/5/2016
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TABLE OF CONTENTS <br />Section 1. Recitals, Amount and Purpose of the Bonds . ............................... 3 <br />Section 2. Designation, Date, Denominations, Numbers, and Maturities and Interest Rates <br />ofBonds ................................ ............................... 4 <br />Section 3. Characteristics of the Bonds ............. ............................... 4 <br />Section 4. Form of Bonds ........................ ............................... 8 <br />Section 5. Interest and Sinking Fund .............. ............................... 16 <br />Section 6. Defeasance of Bonds .................. ............................... 17 <br />Section 7. Damaged, Mutilated, Lost, Stolen, or Destroyed Bonds ...................... 18 <br />Section 8. Custody, Approval, and Registration of Bonds; Bond Counsel's Opinion; CUSIP <br />Numbers and Contingent Insurance Provision, if Obtained; Engagement of Bond <br />Counsel and Financial Advisor ............. ............................... 19 <br />Section 9. Covenants Regarding Tax Exemption of Interest on the Bonds ................ 20 <br />Section 10. Sale of Bonds and Approval of Official Statement; Further Procedures ......... 22 <br />Section 11. Default and Remedies ................ ............................... 22 <br />Section 12. Compliance with Rule 15c2 -12 . ........ ............................... 23 <br />Section 13. Method of Amendment ............... ............................... 26 <br />Section 14. Effective Date ...................... ............................... 28 <br />Section 15. Allocation of, and Limitation on, Expenditures for the Project ................ 28 <br />Section 16. Interest Earnings on Bond Proceeds ..... ............................... 28 <br />Section 17. Construction Fund ................... ............................... 28 <br />Section 18. Net Premium ....................... ............................... 29 <br />Section 19. Appropriation ......................... .............................29 <br />Section 20. Severability ........................ ............................... 29 <br />Schedule Voted Bonds ......................... .............................30 <br />U <br />
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