O-1984-1398 - Laserfiche WebLink

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I , e . .,: :. . ... '" e . I I BE IT ORDERED BY THE BOARD OF DIRECTORS OF COLLEGE VIEW MUNICIPAL UTILITY DISTRICT THAT: Section 1. CERTAIN DEFINITIONS When used in this Order, except in section 3, the terms listed below shall have the meanings indicated opposite each of them, unless otherwise expressly provided or unless the context otherwise ,requires: 1.01. "Additional Bonds" shall mean the additional bonds which the District expressly reserves the right to issue in Sections 4.01 and 6 of this Order and any Additional Bonds which may be issued in the future. When used in the proper context, Additional Bonds may include Refunding Bonds. . 1.02. "Board of Directors" or "Board" shall mean the governing body of the District. 1.03. "Bond" or "Bonds" shall mean any Bond or all Bonds, as the case may be, of the issue of $3,350,000 College View Municipal Utility District Waterworks and Sewer System COmbination Tax and Revenue Bonds, Series 1984, dated as of February 15, 1984, authorized and issued pursuant to this Order. 1.04. "Bond Fund" shall mean the District's interest and sinking fund for the Bonds established by Article VIII of the Order authorizing the issuance of the District's Wa,terworks and Sewer System Combination Tax and Revenue Bonds, Series 1968. Texas. 1.05. "City" shall mean the City of La Porte, 1.06. "Construction Fund." The fund of the District into which the balance of the proceeds of the sale of the Bonds shall be placed, after payments into the Bond Fund as provided in Sections 4.01 and 5.01 of this Order. 1.07. "De~artment" shall mean the Texas Department of Water Resources, J.ncluding in appropriate cases the Texas Water Commission and the Texas Water Development Board, and any other public agency succeeding to its powers, rights, privileges and functions. 1.08. "District" shall mean College View Municipal utility District, and any other public agency succeeding to the powers, rights, privileges and functions of the District and, when appropriate, the Board of Directors of the District. 1.09. "Goverrunental Obligations" shall mean direct obliga'tions of, or obligations the full and timely payment of the principal of and interest on which are uncondi- tionally guaranteed by the United States of America, which are non-callable and which at the time of investment are legal investments under the laws of the state of Texas for the moneys proposed to be invested therein. 1.10. "Initial Bonds" shall mean the Bonds numbered from R-l through R-20 as provided for in Sections 2.02 and 2.03 hereof. 1.11. "Outstanding Bonds" shall mean (a) the $800,000 original principal amount of the District's Waterworks and -2-