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60-18 Bond Financing for the Community Center Project
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60-18 Bond Financing for the Community Center Project
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Last modified
11/7/2018 2:09:11 PM
Creation date
11/7/2018 2:08:28 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
11/12/2018
Bill Number
60-18
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TABLE OF CONTENTS <br /> PAGE <br /> ARTICLE I DEFINITIONS AND EXHIBITS 2 <br /> Section 1.1. Terms Defined 2 <br /> Section 1.2. Rules of Interpretation 3 <br /> ARTICLE II REPRESENTATIONS; USE OF BOND PROCEEDS 5 <br /> Section 2.1. Representations by Issuer 5 <br /> Section 2.2. Representations by Public Library 5 <br /> ARTICLE III PARTICULAR COVENANTS OF THE ISSUER AND PUBLIC <br /> LIBRARY 6 <br /> Section 3.1. Payment of Principal and Interest; Payment of Pledged Revenues 6 <br /> Section 3.2. Public Library Not Responsible for Bond Payments 6 <br /> Section 3.3. Payment of Costs of Issuance of Bonds, Other Fees and Expenses 6 <br /> Section 3.4. Completion and Use of the Project 7 <br /> Section 3.5. Fees and Expenses of Public Library 7 <br /> Section 3.6. Tax Covenants 7 <br /> ARTICLE IV IMMUNITY 9 <br /> Section 4.1. Extent of Covenants of Issuer; No Personal Liability 9 <br /> Section 4.2. Liability of Issuer 9 <br /> ARTICLE V SUPPLEMENTS AND AMENDMENTS TO THIS FINANCING <br /> AGREEMENT 10 <br /> Section 5.1. Supplements and Amendments to Financing Agreement 10 <br /> ARTICLE VI MISCELLANEOUS PROVISIONS 11 <br /> Section 6.1. Financing Agreement for Benefit of Parties Hereto 11 <br /> Section 6.2. Severability 11 <br /> Section 6.3. Addresses for Notice and Demands 11 <br /> Section 6.4. Successors and Assigns 11 <br /> Section 6.5. Counterparts 12 <br /> Section 6.6. Governing Law 12 <br /> i <br />
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