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2010-79 PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS
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2010-79 PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS
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Last modified
8/27/2015 10:31:38 AM
Creation date
8/27/2015 10:31:33 AM
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Resolution/Ordinance
Res Ord Num
2010-79
Res Ord Title
PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Department
Finance
Approved Date
11/15/2010
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"Series 2010A Bonds" means the Taxable General Obligation Bonds, Series 2010A, <br /> authorized to be issued by this Ordinance. <br /> "Series 2010B Bonds" means the Taxable General Obligation Bonds, Series 2010B, <br /> authorized to be issued by this Ordinance. <br /> "Series 2010C Bonds" means the General Obligation Bonds, Series 2010C, authorized to <br /> be issued by this Ordinance. <br /> "Series 2010D Bonds" means the General Obligation Refunding Bonds, Series 20101), <br /> authorized to be issued by this Ordinance. <br /> "20108 Project" means the capital expenditures as described and defined as such in the <br /> preambles to this Ordinance. <br /> "2010C Project" means the capital expenditures as described and defined as such in the <br /> preambles to this Ordinance. <br /> "2010B Qualified Build America Bonds" means the portion of the Series 2010B Bonds <br /> maturing in the years 2011 through 2027 and $810,000 principal amount maturing on December <br /> 15, 2027 designated as a "build America bond" and a "qualified bond" within the meaning of <br /> Section 54AA(g) of the Code. <br /> "20108 Recovery Zone Bonds" means the portion of the Series 2010B Bonds in the <br /> principal amount of$1,055,000, $1,155,000 and $1,195,000 and maturing on December 15, 2028 <br /> through 2030, respectively, designated "Recovery Zone Economic Development Bonds" within <br /> the meaning of Section 1400U-2 of the Code. <br /> Section 2. Incorporation of Preambles. The Council hereby finds that all of the <br /> recitals contained in the preambles to this Ordinance are true, correct and complete and does <br /> incorporate them into this Ordinance by this reference. <br /> -9- <br />
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