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14-20 Cedar Glen Bond Ordinance Addendums
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14-20 Cedar Glen Bond Ordinance Addendums
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Last modified
3/18/2020 2:57:42 PM
Creation date
3/18/2020 2:55:23 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
3/23/2020
Bill Number
14-20
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INDEX <br /> (This Index is not a part of the Agreement <br /> but rather is for convenience of reference only.) <br /> Page <br /> ARTICLE I DEFINITIONS 1 <br /> Section 1.1. Use of Defined Terms. 1 <br /> Section 1.2. Interpretation. 1 <br /> Section 1.3. Captions and Headings. 2 <br /> ARTICLE II REPRESENTATIONS 3 <br /> Section 2.1. Representations of the Issuer 3 <br /> Section 2.2. Representations and Covenants of the Borrower. 4 <br /> ARTICLE III COMPLETION OF THE PROJECT; ISSUANCE OF THE BONDS 7 <br /> Section 3.1. Acquisition, Construction, Rehabilitation, Installation, Equipment and <br /> Improvement. 7 <br /> Section 3.2. Plans and Specifications 7 <br /> Section 3.3. Issuance of the Bonds; Application of Proceeds. 8 <br /> Section 3.4. Disbursements from the Project Fund. 8 <br /> Section 3.5. Borrower Required to Pay Costs in Event Project Fund Insufficient. 9 <br /> Section 3.6. Completion Date. 9 <br /> Section 3.7. Investment of Fund Moneys 9 <br /> Section 3.8. Rebate Fund 9 <br /> Section 3.9. [Reserved]. 10 <br /> Section 3.10. Remarketing of Bonds 10 <br /> ARTICLE IV LOAN BY ISSUER; REPAYMENT OF THE LOAN; LOAN PAYMENTS AND <br /> ADDITIONAL PAYMENTS 11 <br /> Section 4.1. Loan Repayment; Delivery of Note. 11 <br /> Section 4.2. Additional Payments. 11 <br /> Section 4.3. Place of Payments. 12 <br /> Section 4.4. Obligations Unconditional. 13 <br /> Section 4.5. Assignment of Agreement and Pledged Revenues. 13 <br /> ARTICLE V ADDITIONAL AGREEMENTS AND COVENANTS 14 <br /> Section 5.1. Right of Inspection. 14 <br /> Section 5.2. Borrower to Maintain its Existence; Sales of Assets or Mergers 14 <br />
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