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86-081
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Resolutions 1986
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86-081
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8/9/2005 11:39:12 AM
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8/9/2005 11:13:55 AM
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<br />,< <br /> <br />~ <br /> <br />"Escrow Account" means the account of that name <br />created pursuant to the Escrow Deposit Agreement. <br /> <br />"Escrow Deposit Agreement" means the Escrow Deposit <br />Agreement respecting the Bonds, da ted as of August 1, <br />1986, between the City and First Trust Company, Inc., as <br />Escrow Agent thereunder, and any permi t ted amendments <br />thereof or successors thereto. <br /> <br />"First Crossover Date" means February 1, 1990. <br /> <br />"First Crossover Period" means the period beginning <br />on the date of issuance of the Bonds and ending on the <br />First Crossover Date. <br /> <br />"Interest Account" means the account of that name <br />created in the Series 1986 Debt Service Fund pursuant to <br />this Resolution. <br /> <br />"principal Account" means the account of that name <br />created in the Series 1986 Debt Service Fund pursuant to <br />this Resolution. <br /> <br />"Reimbursement Agreement" means the Credi t Agree- <br />ment respecting the Bonds, as defined in the Series 1985 <br />Indenture, being as of the date hereof that certain <br />Reimbursement Agreement, dated as of December 1, 1985, <br />between the City and the Bank, as amended. <br /> <br />"Resolution" and "Series 1986 Bond Resolution" mean <br />this resolution. <br /> <br />"Revised Tax Levies" means the ad valorem tax <br />levies made pursuant to paragraph 14 of this Resolution, <br />consisting of the Revised Series 1985 Tax Levies and the <br />Series 1986 Tax Levies (as such terms are defined <br />therein), for the payment of the interest on the Series <br />1985 Bonds and the debt service on the Bonds, respec- <br />tively. <br /> <br />"Series 1985 Bonds" means the City's $2,350,000 <br />Variable Rate Demand General Obligation Capital Improve- <br />ment Bonds, Series 1985, dated December 30, 1985, and <br />issued pursuant to the Series 1985 Bond Resolution and <br />the Series 1985 Indenture. <br /> <br />"Series 1985 Bond Resolution" means Resolution No. <br />85-148, adopted by the Ci ty Council on December 19, <br />1985, authorizing the issuance of the Series 1985 Bonds. <br /> <br />"Series 1985 Indenture" <br />respecting the Bonds, dated <br /> <br />means the Trust Indenture <br />as of December 1, 1985, <br /> <br />- 3 - <br />
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