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2023/04/05 Council Agenda Packet
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2023/04/05 Council Agenda Packet
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4/21/2023 9:55:35 AM
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Council Agenda Packet
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4/5/2023
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CITY OF EVERETT <br />ORDINANCE NO. <br />TABLE OF CONTENTS* <br />Page <br />Section 1. Definitions 3 <br />Section 2. Compliance with Parity Conditions 20 <br />Section 3. Authorization of Projects, Authorization of Bonds and Bond Details 20 <br />Section 4. Registration, Exchange and Payments 22 <br />Section 5. Redemption; Purchase of Bonds 27 <br />Section 6. Revenue Fund; Priority of Payments from Revenue Fund; Coverage <br />Stabilization Account 31 <br />Section 7. Payments into Revenue Bond Fund 33 <br />Section 8. Bond Covenants 38 <br />Section 9. Issuance of Future Parity Bonds 42 <br />Section 10. Tax Covenants 46 <br />Section 11. Form of Bonds 49 <br />Section 12. Execution of Bonds 51 <br />Section 13. Defeasance 52 <br />Section 14. Lost, Stolen or Destroyed Bonds 53 <br />Section 15. Sale of Bonds 53 <br />Section 16. Disposition of Bond Proceeds; Refunding Plan and Procedures 55 <br />Section 17. Undertaking to Provide Ongoing Disclosure 58 <br />Section 18. Amendments 59 <br />Section 19. Bond Insurance; Surety Bond 61 <br />Section 20. Severability 61 <br />Section 21. Effective Date 62 <br />* This Table of Contents and the Cover Page are for convenience of reference and are not <br />intended to be a part of this ordinance <br />-i- <br />506242089.1 <br />
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