33-07 Bonds - Reforestation - Laserfiche WebLink

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are issued by the City only to a Depository or its nominee as registered owner, with the Notes deposited and retained in the custody of the Depository or its agent "Certificate of Award" means the cer~ificata authorized by Section 7 of this ordinance, setting forth the terms and other prowsmns of the Notes required or authorized by this ordinance. "Closing Date" means the date of delivery of and payment for the Notes. "Code" means the [nternai Revenue Code of 1986, as amended. References to the Code and sections of the Code include applicable regulafion~ (whether teanporary or final) under the Code, and any amendments of, or successor provisions m, those sections or regulations "Debt Service" means all mounts due as principal, interest, and any premium on an issue of securities. "Depository" means any securities depository that is a clearing agency under federal law operating m~d maintaining, with its Participants or otherwise, a Book-Entry System to record ownership of book-entry interests in securities or the principal of and interest on securities, and to effect transfers of securities, in Book-Entry Form and means inifiallsr the Depository Trust Company, New York. New York, a ]/mited purpose trust company "Federal Tax Status" means the stares of the interest on the Notes as excludable fi.om gross income for federal income tax purposes and not treated as an itean of tax preferenen for purposes of the alternative minimmn tax "Financing Costs" means any financing costs authorized to be paid by Section 133.01(K) of the Ohio Revised Code. '`Note Proceedings" means, collectively, this ordinance, the Certificate of Award, the Registrar Agreement, and the other proceedings of the City, including the Notes, that provide collectively for, among other things~ the rights of holders and beneficial owners of the Notes. "Notes" means the Reforestation Program Notes, Series 2007, authorized by this ordinance. "Participant" means any participant contracting with a Depository under a Book-Entry System and includes securities brokers and dealers, banks and trust companies, and clearing corporations; "Project" means planting shade trees in the City's Reforestation Program. "Register" means all books and records necessary for the registmfiun, exchange, and transfer of the Notes. "Registrar" means The Huntington National Bank~ a national banking association, or any successor registrar designated in accordance with the Registrar Agreement, or any other bank or trust company as designated by the Director of Finance in the Certificate of Award. "Registrar Agreement" means the Note Registrar Agreement between the City and the Registrar, as supplemented, amended, or modified. "Underwriter" means AG Edwards & Sons, Inc