2016-102 Ordinance - Laserfiche WebLink

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"Original Purchaser" means Fifth Third Securities, Inc., Cincinnati, Ohio. "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. 2020. "Principal Payment Dates" means December 1 in each of the years from 2017 through "Purchase Agreement" means the Bond Purchase Agreement between the City and the Original Purchaser, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Director of Finance in accordance with Section 6. "Refunded Bonds" means the $3,075,000 of the Series 2006D Bonds that are stated to mature on December 1, 2020. "Registrar Agreement" means the Bond Registrar Agreement between the City and the Bond Registrar, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Director of Finance in accordance with Section 4. "Rule" means Rule 15c2-12 prescribed by the SEC pursuant to the Securities Exchange Act of 1934. "SEC" means the Securities and Exchange Commission. "Series 2006D Bond Legislation" means Ordinance No. 2006-18, passed by this Council on February 21, 2006, as amended by Ordinance No. 2006-96, passed by this Council on May 16, 2016, and the related certificate of award dated June 14, 2006, signed by the Mayor and the Director of Finance pursuant thereto, authorizing the issuance and sale of the Series 2006D Bonds. "Series 2006D Bonds" means the City's $6,795,000 Capital Improvement Refunding Bonds, Series 2006D, dated as of June 29, 2006, and issued pursuant to the Series 2006D Bond Legislation. The captions and headings in this ordinance are solely for convenience of reference and in no way define, limit or describe the scope or intent of any Sections, subsections, paragraphs, subparagraphs or clauses hereof. Reference to a Section means a section of this ordinance unless otherwise indicated. Section 2. Authorized Principal Amount and Purpose. It is necessary to issue bonds of this City in a maximum aggregate principal amount of $3,075,000 (the Bonds) to currently refund for debt service savings the Refunded Bonds, which Refunded Bonds were issued to provided funds for the purpose of advance refunding the $6,815,000 of the then outstanding Original Bonds that were stated to mature on December 1 in 2011, 2012, 2014, 2016 and 2020 and were issued for the purpose of constructing, furnishing, equipping and otherwise improving a free -5-