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CITY OF EVERETT <br />3-1- <br />ORDINANCE NO. <br />TABLE OF CONTENTS* <br />Page <br />Section1. <br />Definitions.................................................................................................................4 <br />Section 2. <br />Compliance with Parity Conditions........................................................................19 <br />Section 3. <br />Authorization of Bonds and Bond Details..............................................................20 <br />Section 4. <br />Registration, Exchange and Payments....................................................................21 <br />Section 5. <br />Redemption; Purchase of Bonds.............................................................................26 <br />Section 6. <br />Revenue Fund; Priority of Payments from Revenue Fund; Coverage <br />StabilizationAccount..............................................................................................29 <br />Section 7. <br />Payments into Revenue Bond Fund........................................................................31 <br />SectionS. <br />Bond Covenants......................................................................................................37 <br />Section 9. <br />Issuance of Future Parity Bonds.............................................................................41 <br />Section10. <br />Tax Covenants........................................................................................................44 <br />Section11. <br />Form of Bonds........................................................................................................47 <br />Section 12. <br />Execution of Bonds.................................................................................................49 <br />Section13. <br />Defeasance..............................................................................................................50 <br />Section 14. <br />Lost, Stolen or Destroyed Bonds............................................................................51 <br />Section15. <br />Sale of Bonds..........................................................................................................51 <br />Section 16. <br />Disposition of Bond Proceeds; Refunding Plan and Procedures ............................53 <br />Section 17. <br />Undertaking to Provide Ongoing Disclosure..........................................................55 <br />Section18. <br />Amendments...........................................................................................................55 <br />Section19. <br />Severability.............................................................................................................57 <br />Section20. <br />Effective Date.........................................................................................................58 <br />This Table of Contents and the Cover Page are for convenience of reference and are not <br />intended to <br />be a part of this ordinance. <br />3-1- <br />