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Agmt15 City of RWC Public Financing Authority Water Revenue Refunding Bonds
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Agmt15 City of RWC Public Financing Authority Water Revenue Refunding Bonds
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Last modified
7/29/2015 1:24:41 PM
Creation date
7/29/2015 1:19:49 PM
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Template:
Agreement
Contractor Name
City of RWC Public Financing Authority
PROJECT NAME
City of RWC Public Financing Authority Water Revenue Refunding Bonds
RMP File Number
505
Date
5/1/2015
Reso Ref
15401, PFA 15-02
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TABLE OF CONTENTS <br /> Page <br /> ARTICLE I <br /> DEFINITIONS; EQUAL SECURITY <br /> Section1.01. Definitions...............................................................................................................2 <br /> Section1.02. Equal Security....................................................................................................... 10 <br /> ARTICLE II <br /> TERMS AND CONDITIONS OF BONDS <br /> Section 2.01. Prepa�ation of Bonds............................................................................................ 11 <br /> Section 2.02. Denominations, Medium, Method and Place of Payment and Dating of Bonds ... 11 <br /> Section 2.03. Interest on the Bonds............................................................................................ 12 <br /> Section2.04. Fo�m of Bonds ...................................................................................................... 12 <br /> Section 2.05. Execution of Bonds............................................................................................... 12 <br /> Section 2.06. Transfer and Exchange of Bonds ......................................................................... 12 <br /> Section 2.07. Bond Registration Books ...................................................................................... 13 <br /> Section2.08. Temporary Bonds ...........................:..................................................................... 13 <br /> Section 2.09. Bonds Mutilated, Destroyed, Lost or Stolen.......................................................... 13 <br /> Section 2.10. Evidence of Signatures of Bond Owners and Ownership of Bonds...................... 14 <br /> Section2.11. Book Entry System ............................................................................................... 14 <br /> Section2.12. Additional Bonds................................................................................................... 15 <br /> ARTICLE III <br /> PROCEEDS OF BONDS; PLEDGE OF REVENUES <br /> Section 3.01. Delivery of Bonds.................................................................................................. 18 <br /> Section 3.02. Depositing of Proceeds of Bonds and Other Amounts ......................................... 18 <br /> Section 3.03. Deposit of Installment Payments .......................................................................... 19 <br /> Section3.04. Payment Fund....................................................................................................... 19 <br /> Section 3.05. Use of Money in the Delivery Costs Fund............................................................. 19 <br /> Section 3.06. The Reserve Fund, Replenishment, Termination................................................. 19 <br /> Section3.07. Held in Trust.......................................................................................................... 21 <br /> Section 3.08. Commingling of Moneys in Funds......................................................................... 22 <br /> Section 3.09. Acquisition, Disposition and Valuation of Investments.......................................... 22 <br /> Section 3.10. Pledge of Revenues.............................................................................................. 22 <br /> Section 3.11. Receipt and Deposit of Revenues ........................................................................ 22 <br /> Section 3.12. Liability of Authority Limited.................................................................................. 23 <br /> Section3.13. Refunding Fund ....................................................................................................23 <br /> ARTICLE IV <br /> REDEMPTION OF BONDS <br /> Section 4.01. Terms of Redemption ...........................................................................................23 <br /> Section 4.02. Selection of Bonds for Redemption ......................................................................24 <br /> Section 4.03. Notice of Redemption, Rescission........................................................................24 <br /> Section 4.04. Partial Redemption of Bonds................................................................................25 <br /> Section 4.05. Effect of Redemption ..............................................�--...........................................25 <br /> ARTICLE V <br /> COVENANTS OF THE AUTHORITY AND THE TRUSTEE <br /> Section 5.01. Compliance with Indenture ...................................................................................26 <br /> Section 5.02. Observance of Laws and Regulations..................................................................26 <br /> i � <br />
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