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P-257
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P-257
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Last modified
6/27/2013 10:39:07 AM
Creation date
6/27/2013 10:39:06 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Ordinance
Meeting Type
Regular
Agency Type
Port Authority
Date
6/26/2013
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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 1999 INTEREST. For purposes of <br /> this Ordinance, "Revenue Bonds Series 1999" refers to those bonds authorized, issued <br /> and outstanding pursuant to Resolution No. P-1622 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 and the Execution and Delivery of a Master Indenture, a <br /> First Supplemental Indenture, a Bond Purchase Agreement and an Official Statement <br /> and Authorizing Certain Related Matters." <br /> The sum of Four Hundred Eighteen Thousand Eight Hundred Twenty Three <br /> dollars ($418,823) is hereby appropriated from general Port funds for the payment of <br /> interest on the Revenue Bonds Series 1999 during the Fiscal Year July 1, 2013 — June <br /> 30, 2014, and the expenditure of said sum for such purpose is hereby authorized. <br /> SECTION 6. REVENUE BONDS SERIES 1999-PRINCIPAL. The sum of Three <br /> Hundred Five Thousand dollars ($305,000) is hereby appropriated from general Port <br /> funds for the payment of principal of the Revenue Bonds Series 1999 during the Fiscal <br /> Year July 1, 2013 - June 30, 2014, and the expenditure of said sum for such purpose is <br /> hereby authorized. <br /> SECTION 7. REVENUE BONDS SERIES 1999-RESERVES. The sum of <br /> Seven Hundred Twenty Five Thousand Nine Hundred Sixty Three dollars ($725,963) <br /> theretofore appropriated, transferred and carried over in the Bond Reserve Account <br /> held by the Trustee, is hereby re-appropriated and maintained pursuant to Resolution <br /> No. P-1622 during the Fiscal Year July 1, 2013 - June 30, 2014. �� <br /> 5���� <br /> AttylPort Ord P-257 <br /> Ord/06/12/13 3 of 6 <br />
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