Examples of Series 2014 Bond Ordinance in a sentence
The Continuing Disclosure Agreement is approved, together with any changes or amendments that are not inconsistent with this Series 2014 Bond Ordinance and not substantially adverse to the City and that are approved by the City Manager and the Director of Finance on behalf of the City, all of which shall be conclusively evidenced by the signing of the Continuing Disclosure Agreement or amendments thereto.
Rates and charges for the services of the Utility have been and shall be determined and fixed in an amount sufficient, together with any other money appropriated for the purpose, to pay all Operating Expenses and to provide an amount of Revenues adequate to pay Bond Service Charges on the Bonds and to comply with the covenants and agreements set forth in the Trust Agreement and this Series 2014 Bond Ordinance.
The Purchase Agreement is approved, together with any changes or amendments that are not inconsistent with this Series 2014 Bond Ordinance and not substantially adverse to the City and that are approved by the City Manager and the Director of Finance on behalf of the City, all of which shall be conclusively evidenced by the signing of the Purchase Agreement or amendments thereto.
Credit difficulties are much more severe for companies with low credit ratings.
References in this Series 2014 Bond Ordinance to a Section, unless otherwise stated, are to a Section of this Series 2014 Bond Ordinance.
The terms “hereof”, “herein”, “hereby”, “hereto”, and “hereunder”, and similar terms, mean and refer to this Series 2014 Bond Ordinance and the Trust Agreement.
This Series 2014 Bond Ordinance shall constitute part of the Third Supplemental Trust Agreement for all purposes, including, without limitation, application to this Series 2014 Bond Ordinance of the provisions contained in the Third Supplemental Trust Agreement for amendment, modification and supplementation, and for severability.
For the purpose of implementing the provisions of this Series 2014 Bond Ordinance, the Director of Finance is authorized and directed to sign the Certificate of Award selling the Series 2014 Bonds to the Original Purchaser at the price established therein and in accordance with this Series 2014 Bond Ordinance, and to evidence that sale and the further terms and provisions of that sale and the Series 2014 Bonds by completing, signing and delivering that Certificate.
The Funds further described or referred to in Article V of the Original Trust Agreement, including without limitation, the Bond Service Fund, the Bond Reserve Fund, the Rebate Fund, the Replacement and Improvement Fund, the Utility Reserve Fund, the Water Construction Fund, and the Water Fund, shall be and hereby are confirmed as funds under this Series 2014 Bond Ordinance and the Trust Agreement and shall be applied as provided in the Trust Agreement.
The Series 2014 Bond Ordinance set forth above is hereby made a part of the Third Supplemental Trust Agreement, and whenever in the Third Supplemental Trust Agreement reference is made to “Bond Proceedings,” the same shall be deemed to include the Series 2014 Bond Ordinance.