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AgdaPkt 2017-01-23 Closed and Joint
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AgdaPkt 2017-01-23 Closed and Joint
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Last modified
1/24/2017 10:22:46 AM
Creation date
1/19/2017 3:58:58 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/23/2017
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<br />2 <br />ARTICLE I <br /> <br />DEFINITIONS; EQUAL SECURITY <br /> <br />Section 1.01. Definitions. Unless the context otherwise requires, the terms defined in <br />this Section 1.01 shall for all purposes hereof and of any amendment hereof or supplement <br />hereto and of the Bonds and of any certificate, opinion, request or other document mentioned <br />herein or therein have the meanings defined herein, the following definitions to be equally <br />applicable to both the singular and plural forms of any of the terms defined herein (provided, <br />that all capitalized terms used in this Indenture and not otherwise defined herein shall have the <br />meaning given in the Installment Purchase Contract): <br /> <br />“Additional Bonds” means all bonds ranking on a parity with the Series 2017 Bonds <br />originally issued hereunder, issued in accordance with Section 2.12. <br /> <br />“Authority” means the City of Redwood City Public Financing Authority, a joint powers <br />authority, operating and acting pursuant to the laws of the State of California duly organized and <br />existing under and by virtue of the Constitution and laws of the State of California, and its <br />successors and assigns. <br /> <br />“Authorized Officer” means the Chairman, Vice-Chairman, Executive Director, Assistant <br />Executive Director, Finance Director, Treasurer or other duly authorized officer of the Authority. <br /> <br />“Bond Counsel” means Jones Hall, A Professional Law Corporation, and any other <br />attorney or firm of attorneys acceptable to the Authority and nationally recognized for expertise <br />in rendering opinions as to the legality and tax-exempt status of securities issued by public <br />entities; provided, that whenever an opinion is delivered by Bond Counsel as provided herein, <br />such opinion shall include an opinion that the matters addressed in such opinion do not <br />adversely affect the exclusion of interest on the Bonds from gross income for federal income tax <br />purposes. <br /> <br />“Bond Year” means the period from the Closing Date through February 1, 2018, and <br />thereafter the twelve-month period commencing on February 2 of each year through and <br />including February 1 of the following year. <br /> <br />“Bonds” means the Outstanding Series 2017 Bonds and any Outstanding Additional <br />Bonds. <br /> <br />“Business Day” means any day other than a Saturday, Sunday or legal holiday or a day <br />on which banks are authorized to be closed for business in California or on which the Principal <br />Office of the Trustee is authorized to be closed. <br /> <br />“Certificate of the Authority” means an instrument in writing signed by an Authorized <br />Officer. <br /> <br />“City” means the City of Redwood City, a charter city and municipal corporation duly <br />organized and existing under its charter and the Constitution and laws of the State of California, <br />and its successors and assigns. <br /> <br />“City Representative” means the Mayor, Vice-Mayor, City Manager, Assistant City <br />Manager, Director of Finance, Treasurer or other duly authorized officer of the City. <br />8.C. - Page 113
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