Res15 15402 - Laserfiche WebLink

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04/13/2015 WHEREAS, the Board of Port Commissioners of the Port previously entered into that certain Master Indenture, dated as of April 1, 1999 (the "Master Indenture"), by and befinreen the Port and U.S. Bank Trust National Association, since succeeded by U.S. Bank National Association as trustee (the "Trustee), and caused the issuance of its Revenue Bonds, Series 1999 (the "Series 1999 Bonds") pursuant to a First Supplemental Indenture, dated as of April 1, 1999 (the "First Supplemental Indenture"), by and between the Port and the Trustee; and WHEREAS, on November 24, 1998, the Port held a duly noticed public hearing concerning the 1999 Bonds and the nature and location of the facilities, after which the Board of Port Commissioners of the Port adopted its Resolution No. P-1622 and its Resolution No. P-1628 approving the issuance of the 1999 Bonds and the City Council adopted its Resolution No. 13529 approving the issuance of the 1999 Bonds; and WHEREAS, the Board of Port Commissioners of the Port issued the 1999 Bonds to provide financing for improvements to certain facilities of the Port, including the remediation of a hazardous waste site at the Port; and WHEREAS, the Board of Port Commissioners of the Port subsequently issued its Revenue Bonds, Series 2012 (the "2012 Bonds") pursuant to a Second Supplemental Indenture, dated as of June 1, 2012 (the "Second Supplemental Indenture"), by and between the Port and the Trustee; and WHEREAS, the Board of Port Commissioners will prepay its obligations under the DBW Contract prior to the issuance of the 2015 Bonds; and ATTY/RES0.3072/CC RESO APPROVING ISSUANCE OF PORT RESO.#15402 REFUNDING REVENUE BONDS MUFF#505 REV:04-01-15 MLG Page 2 of 5