Laserfiche WebLink
A. The following words and terms are defined in the preambles heret . <br /> Act <br /> City <br /> Constitution <br /> Council <br /> IEPA Loans <br /> Net Revenues <br /> Note <br /> Project <br /> Revenues <br /> B. The following words and terms are defined as set forth. <br /> "Additional Obligations"means any bonds, notes or other obligations issued in the future <br /> on a parity with and sharing ratably and equally in the Net Revenues with the IEPA Loans and <br /> the Note. <br /> "City Clerk"means the City Clerk of the City. <br /> "Code"means the Internal Revenue Code of 1986, as amended. <br /> "Finance Officer"means the Director of Finance of the City. <br /> "Fiscal Year" means a twelve-month period beginning May 1 of the calendar year and <br /> ending on the next April 30. <br /> "Mayor"means the Mayor of the City. <br /> 'Note" means the.not to-exceed $17,250,000 Promissory Note, authorized to be issued by <br /> this Ordinance. <br /> "Note Register" means the books of the City kept by the Note Registrar to evidence the <br /> registration and transfer of the Note. <br /> "Note Registrar" means Regions Capital Advantage, Inc., Birmingh , Alabama, or any <br /> successor thereto or designated hereunder, in its-capacity_as note-registrar hereunder. <br /> "Operation and Maintenance Expenses" means all expenses of operating, maintaining <br /> and routine repair of the System, including wages, salaries, costs of materials and supplies, <br /> - 3- <br />