Ordinance 1505-88 - Laserfiche WebLink

• (c) "Bond Registrar" means the fiscal agencies of the State of Washington, currently Seattle-First National Bank, Seattle, Washington, and Bank of New York, New York, New York, or any fiscal agent of the State of Washington that may hereafter be designated as successor to such banks. (d) "Bond Year" means the one-year period beginning on the date of issue of the Bonds and ending on the date prior to the first anniversary thereof, and each subsequent one-year period. (e) "Bonds" means the City of Everett, Washington, Limited Tax Levy General Obligation Bonds, 1988, issued pursuant to this ordinance. (f) "City" means the City of Everett, Washington, a municipal corporation duly organized and existing under and by virtue of the Constitution and laws of the State of Washington. (g) "City Clerk" means the duly appointed and acting Clerk of the City. (h) "Computation Period" means the period from the date of issue of the Bonds through the date as of which the Rebate Amount is determined pursuant to Section 9 hereof. (i) "Council" means the general legislative authority of the City as the same shall be duly and regularly constituted from time to time. (j ) "Excess Earnings Fund" means the "1988 Limited Tax Levy General Obligation Bonds Excess Earnings Fund" created by Section 9 hereof. (k) "Finance Director" means the City Finance Director or any successor to the functions and responsibilities of the City Finance Director. (1) "Projects" means: ( 1) improvements to the Walter E. Hall Soccer Field; (2) acquisition of property related to plans for long-term expansion of the City library and develop- ment of a civic center; (3) improvements to the Kasch soccer and -2- KR257 88/07/06