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<br />í <br /> <br />í <br /> <br />"Registrar" means the Bond Registrar who shall be the Fiscal Agent <br />and any successor thereto. <br /> <br />"Regular Record Date" means, with respect to Bonds, the close of <br />business on the fifteenth day oj¡ the calendar month next preceding any Interest <br />Payment Date. <br /> <br />"Serial Bc:>nds" means Bonds issued and pursuant to this General Bond <br />Legislation and the applicable Series Legislation which are stated to mature and <br />be payable by their terms in consecutive annual installments. <br /> <br />"Series Legislation" means an ordinance passed by the Legislative <br />Authority authorizing the issuance and sale of a series of Bonds or Notes in <br />accordance with this General Bond Legislation, and particularly Section 34 <br />hereof, and includes any Certificate of Award that is required pursuant to such <br />Series Legislation to be executed prior to the issuance of the series of Bonds <br />or Notes. <br /> <br />"Sewer System special obligation Debt Service Fund" means the Sewer <br />System Special Obligation Debt Service Fund created in section 11 of this General <br />Bond Legislation to be held in the custody of the Fiscal Agent for the purpose <br />of holding deposits of the Issuer to be used to pay Bond Service charges on the <br />Bonds and Notes. <br /> <br />"state" means the state of Ohio. <br /> <br />"Term Bonds II means Bonds issued pursuant to this General Bond <br />Legislation and the applicable Series Legislation, other than serial Bonds, <br />stated to be payable by their terms on one or more dates. <br /> <br />"utility" means the Issuer's sewage disposal plant and related system <br />of sanitary sewers, together with all necessary appurtenances thereto, and <br />related facilities and equipment for the disposal of wastewater within the <br />corporate boundaries of the Issuer, presently owned and operated by the Issuer, <br />including, without limitation, any Project, and all other additions, replacements <br />and extensions of and improvements to that system hereafter made. <br /> <br />The captions and headings in this General Bond Legislation are solely <br />for convenience of reference and do not define, limit or describe the scope or <br />intent of any provisions or sections of this General Bond Legislation. <br /> <br />Section 2. Reauirements of Sections 133.22 and 133.23 of the Ohio <br />Revised Code. The declaration of the necessity of each issue of Bonds, thE! date, <br />purpose, principal amount or maximum principal amount and maturities or principal <br />payment dates thereof, any provisions for a mandatory sin~ing fund or mandatory <br />sin~ing fund redemption or for redE!mption prior to maturity, the rate or rates <br />of intE!rest or maximum rate or rates of intere!!t thE!reon, or, if otherwise <br />authorized, the method for from time to time establishing or determining the ra.te <br />or rates of intE!re!!t, the determination, if applicable, whether or not Notes <br />shall bE! issued in anticipation of thE! issue of such Bonds, and the determination <br />whether such Bonds are to be issued in one lot or in installments, shall be <br />included in each Series Legislation, and the Series Legislation shall provide for <br />the levying of the Levy during the years that any Bonds or Notes a.re outstanding, <br />all as requirE!d by sE!ctions 133.22 and 133.23 of the Ohio Revised code. <br /> <br />Section 3. Serie!! Leaislation. Each iSSUE! of Bonds or Notes shall <br />be authorized by an ordinance passed by the Legislative Authority, herein called <br />the "Series LE!gislation". Each Series Legislation shall ma~e provision, in <br />manner consistent with this Ordinance, for the following. <br /> <br />(a) with respect to E!ach series of Bonds thereby authorized. <br /> <br />-4- <br />