Ordinance 1139-85 - Laserfiche WebLink

• expenses are included as Costs of Maintenance and Operation of the System. The words "Safekeeping Agreement" mean that agreement between the City and the Refunding Trustee authorized to be executed pursuant to Section 10 of this ordinance substantially in the form attached hereto as Exhibit A. The words "Sinking Fund Account" mean any account created in the Revenue Bond Fund to amortize the principal of Term Bonds. The words "1985 Sinking Fund Account" mean the 1985 Sinking Fund Account created in the Revenue Bond Fund by Section 7 of this ordinance. The word "System" means the sanitary sewage collection and treatment system of the City, including facilities for the collection and disposal of storm water runoff, as it now exists and as it may later be added to, extended and improved, and the existing water supply and distribution system of the City, includ- ing the interest of the City in the water supply facilities constructed by Public Utility District No. 1 of Snohomish County pursuant to the Sultan River Project Agreement, as it now exists and as it may later be added to, extended and improved, for as long as the Refunding Bonds remain outstanding. The words "Term Bonds" mean any Parity Bonds identified as such in the ordinance authorizing the issuance thereof, the payment of which is provided for by a requirement for mandatory deposits of money into a Sinking Fund Account in the Revenue Bond Fund. The words "1985 Terms Bonds" mean the Refunding Bonds maturing on July 1, 2003 . The word "Treasurer" means the duly qualified and acting Treasurer of the City. -11- WMD202 85/06/10