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Ord86 1928
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Ord86 1928
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Last modified
10/11/2019 3:13:05 PM
Creation date
10/11/2019 3:12:59 PM
Metadata
Fields
Template:
CC Index
CC Index - Document Type
Ordinance
Date
3/17/1986
Description
1928 MAR 1 '7 1986 AN ORDINANCE ESTABLISHING THE REDWOOD CITY PUBLIC FACILITIES AND INFRASTRUCTURE AUTHORITY, PROVIDING FOR ITS GENERAL AND SPECIAL POWERS, INCLUDING THE POWER TO INCUR INDEBTEDNESS, AND SPECIFYING CERTAIN RIGHTS OF OBLIGEES OF THE AUTHORITY
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<br /> DES:djc 2/28/86 <br /> Section 1. 05. Partial Invalidity. If any provisions of <br />this ordinance, or its application to any person or circumstance, <br />is held invalid, the remainder of the ordinance, or the <br />application of such provision to other persons or circumstances, <br />shall not be affected thereby. <br /> Section 1. 06. Effect of Definitions. Unless the context <br />otherwise requires, the definitions set forth in this part govern <br />the construction of this ordinance. <br /> Section 1.07. Authority. "Authority" means the public <br />instrumentality created by Article 2 of this ordinance. <br /> Section 1. 08. Obligee of Authority; Obligee. "Obligee of <br />the Authority" or "obligee" means any of the following: <br /> (a) Any bondholder or trustee for any bondholders. <br /> (b) Any lessor demising to the Authority property and <br /> in connection with public facilities or infrastructure or <br /> any assignee of all or part of such lessor's interest. <br /> (c) The City, the State or the United States, or any <br /> agency of the foregoing when a party to any contract with <br /> the Authority. <br /> Section 1. 09. Project. "Project" means the construction, <br />acquisition, maintenance or improvement of public facilities and <br />infrastructure authorized by this ordinance. <br /> Section 1.10. Public Facilities and Infrastructure. <br />"Public Facilities and infrastructure" means any physical <br />structure of a public nature and use which public entities are <br />traditionally authorized to construct, acquire, operate, maintain <br /> 3 <br /> -...^. <br />
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