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P-271
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P-271
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Last modified
5/26/2017 10:33:34 AM
Creation date
5/26/2017 10:33:25 AM
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Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Regular
Agency Type
Port Authority
Date
5/24/2017
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COPY <br /> funds as surplus and provided such payment does not violate Revenue Bond <br /> covenants and applicable state and federal laws. <br /> SECTION 5. REVENUE BONDS SERIES 2015 INTEREST. For purposes of <br /> this Ordinance, "Revenue Bonds Series 2015" refers to those bonds authorized , issued <br /> and outstanding pursuant to Resolution No. P-2267 entitled "Resolution of the Board of <br /> Port Commissioners of the Port Department of the City of Redwood City Authorizing the <br /> Issuance of Revenue Bonds, Approving an Official Statement, Authorizing the <br /> Execution and Delivery of a Third Supplemental indenture, and Escrow Deposit and <br /> Trust Agreement and a Bond Purchase Agreement and Authorizing Certain Related <br /> Matters . " <br /> The sum of Two Hundred Eleven Thousand and Thirty Eight dollars ($211 , 038) <br /> is hereby appropriated from general Port funds for the payment of interest on the <br /> Revenue Bonds Series 2015 during the Fiscal Year July 1 , 2017 — June 30, 2018, and <br /> the expenditure of said sum for such purpose is hereby authorized . <br /> SECTION 6. REVENUE BONDS SERIES 2015-PRINCIPAL. The sum of Three <br /> Hundred Ninety Five Thousand dollars ($395 , 000) is hereby appropriated from general <br /> Port funds for the payment of principal of the Revenue Bonds Series 2015 during the <br /> Fiscal Year July 1 , 2017 - June 30, 2018, and the expenditure of said sum for such <br /> purpose is hereby authorized . <br /> SECTION 7. REVENUE BONDS SERIES 2012 INTEREST. For purposes of <br /> this Ordinance, "Revenue Bonds Series 2012" refers to those bonds authorized , issued <br /> and outstanding pursuant to Resolution No. P-2178 entitled "Resolution of the Board of <br /> Port Commissioners of the Port Department of the City of Redwood City Authorizing the <br /> Port/rs <br /> Ord/ 05/10/17 Intro ' ORD P -271 <br /> Ord/ 05/24/17 Pub Hearing 3 of 6 <br />
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