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gtster means all books and records necessary for the regtstmtion, exchange, and transfer <br />of the Bonds. <br /> <br /> "Registrar" meark~ The Huntington National Bank, or another national bank or trust <br />company as determined by the Director of Finsuce in the Certificate of Award in accordance with <br />Section 8(c). <br /> <br /> "Registrar Agreement" means the Bond Registrar Agreement between the City and the <br />Registrar for the Bonds, as supplemented or emended. <br /> <br />SEC Rule means SEC Rule I5c2-12. <br /> <br /> '!Serial Bonds" means Bonds designated as Serial Bonds in the Certificate of Award and <br />maturing on the dates set forhh in the Certificate of Award; and not subject to Mandatory Sinking <br />Fund Redemption. <br /> <br /> "SID" means the state information depository, if any, with which filings are required to be <br />made by the City in accordanea with the SEC Rule. <br /> <br /> "Specified Events? means any of the following events, with respect to the Bonds: p~cipal <br />and interest payment delinquencies; non-payment-related defaults; unscheduled draws on debt- <br />service reserves reflecting finendal difficulties; unscheduled draws on credit eul~ancements <br />reflecting financial difficulties; substitution of credit or liquidity providers or their ~:alinre to <br />perform; adverse tax opinions or events affecting the tax-exempt status of the Bonds; modifications <br />to rights Qf Holders or beneficial owners of the Bonds; bond calls; defeasanc~s; release, substitutidn, <br />or sale ofproper~ securing repayment of the Bonds; and rating changes. <br /> <br /> "Term Bonds" means the Bonds designated as Term Bonds in the Certificate of Award and <br />maturing on the dates set forth in the Certificate of Award, and subject to Mandatory Shfldng Fund <br />Redemption; <br /> <br /> "Underwriter" means A.G. Edwards & Song, Inc. <br /> <br /> Section 15; Effective Date. This ordinance is hereby declared to be an emergency measure <br />necessary for the immediate preservation of the public peace, property, health, safety and welfare th <br />the City, and for the further reason that the Bonds must be sold promptly La order to retire the <br />Outstanding Notes and preserve the credit of the City; and provided it receives the affirmative vote <br />of at least five (5) of its members elected to Council, tiffs ordinanea shall take effec{ and be in force <br />immediately upon its passage by the Council and approval by the Mayor; otherwise it shall take <br />effect and be in force atler the earliest period allowed by law. <br /> <br />Passed: April~ 2007 ' President of Council <br /> <br />Clerk of Cot~ncil ~ <br /> <br />Appr°ved: April ,'~ , 2007 <br /> <br />Mayor <br /> <br />12 <br /> <br /> <br />