O-1965-730 - Laserfiche WebLink

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. . . <~. -- .,- .' . . . amount being interest due that day on the bond, bearing the number hereinaft,er designated, of that issue of City of La Porte Airport, Revenue Bonds, Series 1965, dated December 15, 1965. The holder hereof shall never have the right to demand payment of this obligation out of any funds raised or to be raised by taxation. Bond No. ~, C ~J_d. >CU;C{~k}~//I~ )/nrP~f~ "J'" . " '~, Section 8. DEFINITIONS. (a)- The term "Airport" " ..r. .......-. used in 'O'rdinance, shall the City's .~as this mean entire r, ...... (" ';.. ....,. .,:\' Airport and'all facilities pertaining thereto, together with all future improvemerits, extensions, enlargements, and addi- tions thereto', and' replacements thereof. (b) 'The, t'erm "Gross Revenues" shall mean the total revenues to the City from the Airport and its operations from whatever, source oerived. Without limiting the generality of the foregoing, unless especially delimited, "Gross Revenues" will include ~l,l,of".the income to the City from the ownership and operation of , the Airport, including landing fees and charges, ground; rental,. space rentals in buildings, and charges of 'every'character made to concessionaires. (c) The term "Maintenance and Operation Expenses" shall mean expenditures directly and essentially necessary for the ef~icient and normal maintenance, operation and utiliza tion of ,the Airport, including the keeping of the Airp~rt and all of its facilities in good condition and the making of all needed repairs, renewals and replacements, including non-recurr ng .', ."