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07-12-21 Regular meeting of the La Porte City Council
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07-12-21 Regular meeting of the La Porte City Council
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9/15/2022 1:24:38 AM
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7/25/2025 11:48:10 AM
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City Meetings
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City Council
Meeting Doc Type
Agenda Packet
Date
7/12/2021
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TABLE OF CONTENTS <br />Page <br />ARTICLE I FINDINGS AND DETERMINATIONS .................................................................... 1 <br />Section 1.1:Findings and Determinations.............................................................................. 1 <br />ARTICLE II DEFINITIONS AND INTERPRETATIONS........................................................... 2 <br />Section 2.1:Definitions .......................................................................................................... 2 <br />Section 2.2:Interpretations ..................................................................................................... 3 <br />ARTICLE III TERMS OF THE CERTIFICATES......................................................................... 3 <br />Section 3.1:Amount, Purpose and Authorization..................................................................3 <br />Section 3.2:Designation, Date and Interest Payment Dates .................................................. 3 <br />Section 3.3:Numbers, Denomination, Interest Rates and Maturities .................................... 4 <br />Section 3.4:Redemption Prior to Maturity ............................................................................ 4 <br />Section 3.5:Manner of Payment, Characteristics, Execution and Authentication ................. 5 <br />Section 3.6:Authentication .................................................................................................... 5 <br />Section 3.7:Ownership .......................................................................................................... 6 <br />Section 3.8:Registration, Transfer and Exchange ................................................................. 6 <br />Section 3.9:Book-Entry Only System................................................................................... 7 <br />Section 3.10:Replacement Certificates .................................................................................... 8 <br />Section 3.11:Cancellation........................................................................................................ 9 <br />ARTICLE IV FORM OF CERTIFICATES................................................................................. 10 <br />Section 4.1:Form of Certificates .......................................................................................... 10 <br />ARTICLE V SECURITY FOR THE CERTIFICATES............................................................... 10 <br />Section 5.1:Pledge and Levy of Taxes and Revenues ......................................................... 10 <br />Section 5.2:Debt Service Fund ............................................................................................ 10 <br />Section 5.3:Further Proceedings .......................................................................................... 10 <br />ARTICLE VI CONCERNING THE PAYING AGENT/REGISTRAR ...................................... 11 <br />Section 6.1:Acceptance ....................................................................................................... 11 <br />Section 6.2:Trust Funds ....................................................................................................... 11 <br />Section 6.3:Certificates Presented....................................................................................... 11 <br />Section 6.4:Unclaimed Funds Held by the Paying Agent/Registrar................................... 11 <br />Section 6.5:Paying Agent/Registrar May Own Certificates ................................................ 12 <br />Section 6.6:Successor Paying Agents/Registrars ................................................................ 12 <br />ARTICLE VII PROVISIONS CONCERNING SALE AND APPLICATION OF PROCEEDS <br />OF CERTIFICATES ..................................................................................................................... 12 <br />Section 7.1:Sale of Certificates ........................................................................................... 12 <br />Section 7.2:Approval, Registration and Delivery................................................................ 12 <br />Section 7.3:Official Statement; Ratings .............................................................................. 13 <br />i <br />099900.24203 EMF_US 85689791v2 <br /> <br />
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