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CITY OF EVERETT <br /> ORDINANCE NO. <br /> TABLE OF CONTENTS* <br /> Page <br /> Section 1. Definitions 2 <br /> Section 2. Compliance with Parity Conditions 20 <br /> Section 3. Authorization of Projects; 21 <br /> Section 4. Authorization of Bonds and Bond Details 22 <br /> Section 5. Registration, Exchange and Payments 23 <br /> Section 6. Redemption; Purchase of Bonds 28 <br /> Section 7. Revenue Fund; Priority of Payments from Revenue Fund; Coverage <br /> Stabilization Account 31 <br /> Section 8. Payments into Revenue Bond Fund 34 <br /> Section 9. Bond Covenants 40 <br /> Section 10. Issuance of Future Parity Bonds 45 <br /> Section 11. Tax Covenants 52 <br /> Section 12. Form of Bonds 54 <br /> Section 13. Execution of Bonds 57 <br /> Section 14. Defeasance 57 <br /> Section 15. Lost, Stolen or Destroyed Bonds 58 <br /> Section 16. Sale of Bonds 58 <br /> Section 17. Disposition of Bond Proceeds 60 <br /> Section 18. Undertaking to Provide Ongoing Disclosure 60 <br /> Section 19. Amendments 61 <br /> Section 20. Amendments to Ordinance Nos. 2690-03 and 2870-05 63 <br /> Section 21. Severability 81 <br /> Section 22. Effective Date 82 <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 /> -1- P.\20287 CMW\20287 960 11/02/07 <br />