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CITY OF EVERETT <br /> ORDINANCE NO. <br /> TABLE OF CONTENTS* <br /> Page <br /> Section 1. Definitions 4 <br /> Section 2. Compliance with Parity Conditions 19 <br /> Section 3. Authorization of Bonds and Bond Details 20 <br /> Section 4. Registration, Exchange and Payments 21 <br /> Section 5. Redemption; Purchase of Bonds 26 <br /> Section 6. Revenue Fund; Priority of Payments from Revenue Fund; Coverage <br /> Stabilization Account 29 <br /> Section 7. Payments into Revenue Bond Fund 31 <br /> Section 8. Bond Covenants 37 <br /> Section 9. Issuance of Future Parity Bonds 41 <br /> Section 10. Tax Covenants 44 <br /> Section 11. Form of Bonds 47 <br /> Section 12. Execution of Bonds 49 <br /> Section 13. Defeasance 50 <br /> Section 14. Lost, Stolen or Destroyed Bonds 51 <br /> Section 15. Sale of Bonds 51 <br /> Section 16. Disposition of Bond Proceeds; Refunding Plan and Procedures 53 <br /> Section 17. Undertaking to Provide Ongoing Disclosure 55 <br /> Section 18. Amendments 55 <br /> Section 19. Severability 57 <br /> Section 20. Effective Date 58 <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 />