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Agmt08 South Bayside System Authority AKA Silicon Valley Clean Water
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Agmt08 South Bayside System Authority AKA Silicon Valley Clean Water
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Last modified
1/6/2021 9:47:39 AM
Creation date
11/3/2014 7:52:56 AM
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Agreement
Contractor Name
South Bayside System Authority AKA Silicon Valley Clean Water
PROJECT NAME
Financing Agreement - issuance of SBSA Wastewater Revenue Bonds
RMP File Number
304
Date
12/1/2008
Reso Ref
14893, 15320, 15903
Amendment
Yes
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"Unencumbered Fund Balance" means, for any Fiscal Year, the balance of Net <br />Revenues remaining on deposit in any of the funds and accounts of the City (including <br />but not limited to the Sewer Utility Fund and any rate stabilization fund established by <br />the City) as of the last day of such Fiscal Year, as shown on the books of the City, which <br />may lawfully be used to pay the SBSA Bond Payments. The amount of the <br />Unencumbered Fund Balance as of the last day of any Fiscal Year does not include any <br />funds which the City determines will be required for payment of the SBSA Bond <br />Payments or the principal of and interest on any Parity Debt during the next six months. <br />A-3
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