08-25 Authorizing the City to Issue One or More Series of its Taxable Economic Development Tax Increment Revenue Bonds and Approving and Authorizing Other Actions in Respec Thereto in Connection With the J. C. Hart Development Project

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Table of Contents ARTICLE I. DEFINITIONS 4 Section 1.1. Terms Defined 4 Section 1.2. Rules of Interpretation 7 Section 1.3. Exhibits 8 ARTICLE II. THE BONDS 9 Section 2.1. Authorized Amount of Bonds 9 Section 2.2. Issuance of the Bonds 9 Section 2.3. Payment on the Bonds 9 Section 2.4. Execution: Limited Obligation 10 Section 2.5. Authentication 10 Section 2.6. Form of the Bonds 10 Section 2.7. Delivery of Bonds 15 Section 2.8. Mutilated, Lost, Stolen or Destroyed Bonds 15 Section 2.9. Registration and Exchange of Bonds: Persons Treated as Owners 16 Section 2.10. Reserved 16 ARTICLE III. APPLICATION OF THE BOND PROCEEDS 17 Section 3.1. Deposit of Bond Funds 17 Section 3.2. Capitalized Interest 17 ARTICLE IV. REVENUE AND FUNDS 18 Section 4.1. Source of Payment of the Bonds 18 Section 4.2. Bond Fund 18 Section 4.3. Project Fund 19 Section 4.4. Deposit of TIF Revenues. 20 Section 4.5. Trust Funds 20 Section 4.6. Investment 20 ARTICLE V. REDEMPTION OF BONDS BEFORE MATURITY 21 Section 5.1. Redemption Dates and Prices 21 Section 5.2. Notice of Redemption 21 Section 5.3. Cancellation 21 Section 5.4. Redemption Payments 21 Section 5.5. Partial Redemption of Bonds 22 ARTICLE VI. GENERAL COVENANTS 23 Section 6.1. Payment of Principal and Interest 23 Section 6.2. Performance of Covenants 23 Section 6.3. Filing of Indenture and Security Instruments 23 Section 6.4. List of Bondholders 24 Section 6.5. Rights Under Loan Agreement 24 Section 6.6. Investment of Funds 24 Section 6.7. Non-presentment of Bonds 25 i