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"Closing Date" means the date of physical delivery of, and payment of the purchase price
<br />for, the Bonds.
<br />"Code" means the Internal Revenue Code of 1986, the Regulafions {whether temporary or
<br />final) under that Code or the statutory predecessor of that Code, and any amendments of, or
<br />successor provisions to, the foregoing and any official rulings, announcements, nofices, procedures
<br />and judicial determinations regarding any of the foregoing, all as and to the extent applicable.
<br />Unless otherwise indicated, reference to a Section of the Code includes any applicable successor
<br />section or provision and such applicable Treasury Regulations, rulings, announcements, notices,
<br />procedures and determinations pertinent to that Section.
<br />"Continuing Disclosure Agreement" means, collectively, the Continuing Disclosure
<br />Certificate and the agreements of the City set forth in Section 9(c) of this Ordinance.
<br />"Continuing Disclosure Certificate" means the Continuing Disclosure Certificate authorized
<br />by this Ordinance.
<br />"County Fiscal Officer" means the fiscal officer of the County of Cuyahoga, Ohio, presently
<br />the County Auditor, and beginning January 1, 2011, the County Fiscal Officer.
<br />"Depository" means any securities depository that is a clearing agency under federal law
<br />operating and maintaining, with its Participants or otherwise, a book entry system to record
<br />ownership of book entry interests in Bonds or the principal of and interest on Bonds, and to effect
<br />transfers of Bonds, in book entry form, and includes and means initially The Depository Trust
<br />Company (a limited purpose trust company), New York, New York.
<br />"Director of Finance" means the Director of Finance of the City.
<br />"Escrow Agreement" means the Escrow Agreement between the City and the Escrow
<br />Trustee.
<br />"Escrow Fund" means the escrow fund established pursuant to the Escrow Agreement.
<br />"Escrow Trustee" means U.S. Bank National Association.
<br />"Improvement" means (i) acquiring and installing police communications equipment, (ii)
<br />improving streets, (iii) renovating and equipping municipal recreational facilities, (iv) improving
<br />and renovating municipal buildings, municipal sites and rights-of--way, (v) reconstrucfing and
<br />resurfacing streets, curbs, aprons and sidewalks and restoring tree lawns, (vi) renovating the service
<br />garage, (vii) installing traffic signals, (viii) advance refunding the City's Various Purpose General
<br />Obligation Bonds, Series 1992, dated June 15, 1992, issued for the purpose of (a) acquiring real
<br />estate, (b) reconstructing and replacing curbing, (c) constructing, adding to and renovafing City
<br />buildings, (d) constructing a fire station, (e) improving recreafional facilities, and (f) constructing
<br />and reconstructing streets, curbs and aprons, and (ix) advance refunding the City's Sanitary Sewer
<br />System Special Obligation Bonds, Series 1992, dated February 1, 1992, issued to pay the costs of
<br />acquisition, construction and improvement of sanitary sewer facilities.
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