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2005 Bonds mean the City's outstanding Water and Sewer Revenue Bonds, 2005, issued <br />under date of October 14, 2005, pursuant to Ordinance No. 2870-05. <br />2009 Bonds mean the City's outstanding Water and Sewer Revenue and Refunding <br />Bonds, 2009, issued under date of May 13, 2009, pursuant to Ordinance No. 3123-09. <br />2011 Bonds mean the City's outstanding Water and Sewer Revenue Bonds, 2011, issued <br />under date of March 20, 2011, pursuant to Ordinance No. 3211-11. <br />2013 Bonds mean the City's outstanding Water and Sewer Revenue Refunding Bonds, <br />2013, issued under date of February 14, 2013, pursuant to Ordinance No. 3313-13. <br />2015 Construction Account means the account named "2015 Bond Funds" for the <br />Projects created within the City's Fund 339 — Water & Sewer System Improvement Projects <br />fund. <br />Tax Maximum means the maximum dollar amount permitted by the Internal Revenue <br />Code of 1986, as amended, including applicable regulations thereunder, to be allocated to a bond <br />reserve account from bond proceeds without requiring a balance to be invested at a restricted <br />yield. <br />ULID means a utility local improvement district of the City. <br />ULID Assessments means the assessments levied in all ULIDs, the assessments in which <br />are payable into the Revenue Bond Fund, and shall include installments thereof and interest and <br />any penalties thereon. <br />-18- P 120287 CMVN20287 B32 09/09/15 <br />