Series 2022 Bonds definition
Examples of Series 2022 Bonds in a sentence
In connection with the sale of the Series 2022 Bonds and any Additional Bonds or Refunding Bonds (collectively, the “Bonds”), the City is an obligated person with respect to the Bonds and must undertake to disclose certain information for as long as the Bonds are outstanding, in compliance with 17 C.F.R. 240.15c2-12 (the “Rule”) promulgated by the Securities and Exchange Commission.
The Series 2022 Bonds shall be issued pursuant to the terms and conditions of the Fourth Amended and Restated Water Supply Contract between the Authority and the City, as amended or supplemented from time to time (the “League City Contract”).
The Authority is authorized to issue additional bonds (“Additional Bonds”) and refunding bonds (“Refunding Bonds”) by the resolution authorizing the issuance of the Series 2022 Bonds (the “Series 2022 Bond Resolution”) and the League City Contract.
Pursuant to Sections 2.03(2)(c) and Section 4.01 of the League City Contract, the City hereby requests and authorizes the issuance of the Series 2022 Bonds in an amount not to exceed $6,000,000.