Laserfiche WebLink
Maximum Annual Debt Service means, with respect to any issue of Parity Bonds, the <br /> maximum amount of Annual Debt Service that will become due in any future calendar year on <br /> such Parity Bonds then outstanding. <br /> MSRB means the Municipal Securities Rulemaking Board. <br /> 1992 Bonds means the City's outstanding Water and Sewer Revenue Project Bonds, <br /> 1992B of the City issued under date of October 15, 1992, pursuant to Ordinance No. 1891-92. <br /> 1993 Bonds means the City's outstanding Water and Sewer Revenue Refunding Bonds, <br /> 1993 of the City, issued under date of October 1, 1993, pursuant to Ordinance No. 1963-93. <br /> 1997 Bonds means the City's outstanding Water and Sewer Revenue Bonds, Series 1997, <br /> of the City, issued under date of March 1, 1997,pursuant to Ordinance No. 2208-97. <br /> 1992 Reserve Account means the 1992 Water and Sewer Revenue Bond Reserve <br /> Account created in the Revenue Bond Fund by Section 9 of Ordinance No. 1891-92. <br /> 1993 Reserve Account means the 1993 Reserve Account created in the Revenue Bond <br /> Fund by Section 8 of Ordinance No. 1163-93. <br /> 1997 Reserve Account means the 1997 Reserve Account created in the Revenue Bond <br /> Fund by Section 10 of Ordinance No. 2208-97. <br /> Net Proceeds, when used with reference to the Bonds, means the principal amount of the <br /> Bonds, plus accrued interest and original issue premium, if any, and less original issue discount <br /> and proceeds, if any, deposited in the Reserve Account. <br /> Net Revenue means the Revenue of the System less the Costs of Maintenance and <br /> Operation. <br /> NRMSIR means a nationally recognized municipal securities information repository. <br /> Outstanding Parity Bonds means the 1993 Bonds and the 1997 Bonds. <br /> -6- P:\CMW\CMW5BE 02/05/21 <br />