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TABLE OF CONTENTS* <br /> PAGE <br /> Recitals 1 <br /> Section 1 . Definitions 3 <br /> Section 2 . Findings and Purposes 11 <br /> Section 3 . Issuance of the City of Everett Water <br /> and Sewer Revenue Refunding Bonds, 1985 12 <br /> Section 4. Bond Registration 14 <br /> Section 5. Redemption Prior to Maturity 14 <br /> Section 6. Priority of Payments from Revenue Fund 17 <br /> Section 7 . Payments into Revenue Bond Fund 18 <br /> Section 8. Provision for Defeasance of the Refunding <br /> Bonds 24 <br /> Section 9. Bond Covenants 25 <br /> Section 10 Defeasance of Outstanding Bonds and <br /> Disposition of Bond Proceeds 31 <br /> Section 11 Finding of Defeasance 37 <br /> Section 12 . Issuance of Future Parity Bonds 38 <br /> Section 13 . Lost or Destroyed Bonds 41 <br /> Section 14. Form of Bonds 42 <br /> Section 15 . Execution and Authentication of Bonds 47 <br /> Section 16. Sale of Bonds 47 <br /> Section 17 . Amendments 48 <br /> Section 18. Severability 51 <br /> Section 19 . General Authorization 51 <br /> Section 20. Prior Acts 51 <br /> Section 21 . Effective Date 51 <br /> Section 22 . Repealer 51 <br /> * This Table of Contents is not a part of this ordinance but is <br /> for convenience of reference only. <br />