Ordinance 3291-12 - Laserfiche WebLink

limited tax general obligation refunding bonds of the City in the aggregate principal amount of not to exceed $15,000,000 (the "Bonds"); and WHEREAS, the Bonds authorized herein shall be sold pursuant to a competitive sale as herein provided; NOW, THEREFORE,the City of Everett does ordain, as follows: Section 1. Definitions and Interpretation of Terms. As used in this ordinance, the following words shall have the following meanings: Acquired Obligations mean the Government Obligations acquired by the City under the terms of this ordinance and the Escrow Agreement to effect the defeasance and refunding of the , Refunded Bonds. Approved Bid means the winning bid submitted for the Bonds. Beneficial Owner means any person that has or shares the power, directly or indirectly to make investment decisions concerning ownership of any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries). Bond Fund means the Bond Redemption Fund maintained pursuant to Section 9 of this ordinance. Bond Register means the registration books showing the name, address and tax identification number of each Registered Owner of the Bonds, maintained pursuant to Section 149(a) of the Code. Bond Registrar means, initially, the fiscal agency of the State of Washington, for the purposes of registering and authenticating the Bonds, maintaining the Bond Register, effecting transfer of ownership of the Bonds and paying interest on and principal of the Bonds. -2- P:\20287 CMVN20287 9RD 08/14/12