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t <br /> TABLE OF CONTENTS* <br /> Page <br /> Recitals 1 <br /> Section 1 . Definitions 3 <br /> Section 2 . Findings and Purposes 12 <br /> Section 3 . Plan of Additions to the System 13 <br /> Section 4 Findings of Parity 15 <br /> Section 5 . Issuance of the City of Everett Water <br /> and Sewer Revenue and Refunding Bonds, 1988 16 <br /> Section 6. Bond Registration 18 <br /> Section 7 . Redemption Prior to Maturity 19 <br /> Section 8. Priority of Payments from Revenue Fund 23 <br /> Section 9 . Payments into Revenue Bond Fund 25 <br /> Section 10. Provision for Defeasance of the 1988 Bonds 31 <br /> Section 11 . Bond Covenants 32 <br /> Section 12 . Rebate of Arbitrage Earnings 39 <br /> Section 13 . Construction Fund 42 <br /> Section 14. Defeasance of Refunded 1985 Bonds and <br /> Disposition of 1988 Bond Proceeds 42 <br /> Section 15 . Finding of Defeasance 48 <br /> Section 16. Issuance of Future Parity Bonds 49 <br /> Section 17 . Lost or Destroyed Bonds 52 <br /> Section 18 . Form of 1988 Bonds 53 <br /> Section 19 . Execution and Authentication of 1988 Bonds 57 <br /> Section 20 . Sale of 1988 Bonds 58 <br /> Section 21 . Temporary 1988 Bond 58 <br /> Section 22 . Amendments 59 <br /> Section 23 . Severability 61 <br /> Section 24. General Authorization 61 <br /> Section 25 . Prior Acts 61 <br /> Section 26 . Effective Date 61 <br /> Section 27 . Repealer 61 <br /> * This Table of Contents is not a part of this ordinance <br /> but is for convenience of reference only. <br />