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refinancing does not cause interest on the Bonds to become taxable under Section 103 of the Internal Revenue Code of 1986; and 11. any sums required to reimburse the Participating Party for advances made for any of the above items or for any other costs incurred and for work done which are properly chargeable to the Project. "Finance" and its variants means the lending of moneys or any other thing of value to Participating Parties, or the entering into of leases or installment sale agreements With Participating Parties, or the making of loans to financial institutions which in turn make loans.to Participating Parties, for the purpose of paying or otherwise providing for or assisting the payment of any or all of the Costs of a Project pursuant to this Ordinance. "Participating Party" means any nonprofit public benefit corporation, requiring financing for the Acquisition (~f a P~oject pursuant to this Ordinance. "Project" means real property located within the Ci.t..y and improved or to be improved with a mixed-use residential and health care related facility for persons 55 years of age and older, which includes occupancy by very low income and low a.nd..moderat.e.income p.ersons: and all property in connection therewith or in~.dental thereto, inca.uding .ma. cnmery, eqmpm.en.t and furnishings, the Acquisition of which is financed or otherwise assisted pursuant to mm Ordinance. "Ordinance" means this Ordinance No. 2137, passed and adopted by the City Council of the City onFebcuary~ 1998, pursuant to the City Charter, as amended from time to lime in accordance with Section 20. "Revenues" means, with respect to a Project, all amounts received as repayment of principal, interest and all other charges received for, and all other income and revenue (induding the proceeds of insurance) derived by, the City in connection with such Project or the financing thereof, and any receipts derived from the investment of such income or revenues, including moneys deposited in a sinking, redemption or reserve fund or other ft~n. d to, sec~, e .the Bonds or to provide for the payment of the principal of or interest on the Bonc~s ant! suCh omer moneys as the City Council may in its discretion make available therefor. '~tate" means the State of California. Section 3. Powers. The City is authorized and empowered: A. To determine the location and character of any Project to be financed under the provisions of ~ Ordinance, and to finance such Projects. B. To L~ue Bonds for the purpose of financing or otherwise assisting the Acquisition of Projects authorized by this Ordinance and for the purpose of funding or refunding Bonds. C. To fix fees, charges and interest rates for financing any Project, and to revise such fees, charges and interest rates from time to time, and to collect interest and principal on any loan made to a Participating Party together with such fees and charges incurred in such financing, and to contract with any person, partnership, association, corporation or public agency with respect thereto. D. To hold deeds of mint as security for financing any Project and to pledge the same as security for repayment of Bonds issued therefor. 3