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8D Consent 2011 0919
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8D Consent 2011 0919
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Last modified
9/29/2011 5:14:40 PM
Creation date
9/13/2011 5:40:01 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/19/2011
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_CC Agenda 2011 0919
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0919
Reso 2011-166
(Reference)
Path:
\City Clerk\City Council\Resolutions\2011
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SECTION 7.03. <br />Endorsement or Replacement of Bonds After Amendment .............................20 <br />SECTION 7.04. <br />Amendment by Mutual Consent ......................................... .............................21 <br />SECTION 7.05. <br />Trustee's Reliance .............................................................. .............................21 <br />ARTICLE VIII <br />EVENTS OF DEFAULT AND REMEDIES <br />SECTION 8.01. <br />Events of Default ................................................................ .............................21 <br />SECTION 8.02. <br />Remedies on Default .......................................................... .............................21 <br />SECTION 8.03. <br />Notice of Event of Default ................................................... .............................22 <br />SECTION 8.04. <br />Application of Funds Upon Event of Default ....................... .............................22 <br />SECTION 8.05. <br />Power of Trustee to Control Proceedings ........................... .............................22 <br />SECTION 8.06. <br />Limitation on Owners' Right to Sue .................................... .............................23 <br />SECTION8.07. <br />Non - waiver ......................................................................... .............................23 <br />SECTION 8.08. <br />Actions by Trustee as Attorney -in- Fact ............................... .............................24 <br />SECTION 8.09. <br />Remedies Not Exclusive ..................................................... .............................24 <br />ARTICLE IX <br />MISCELLANEOUS <br />SECTION 9.01. <br />Benefits Limited to Parties; Rights of Bond Insurer ............ .............................24 <br />SECTION 9.02. <br />Successor is Deemed Included in All References to Predecessor ................... <br />24 <br />SECTION 9.03. <br />Defeasance of Bonds ....................................................... ............................... <br />25 <br />SECTION 9.04. <br />Execution of Documents and Proof of Ownership by Owners .........................26 <br />SECTION 9.05. <br />Disqualified Bonds .............................................................. .............................26 <br />SECTION 9.06. <br />Waiver of Personal Liability .............................................. ............................... <br />26 <br />SECTION 9.07. <br />Destruction of Canceled Bonds ........................................ ............................... <br />26 <br />SECTION9.08. <br />Notices ............................................................................. ............................... <br />26 <br />SECTION 9.09. <br />Partial Invalidity .................................................................. .............................27 <br />SECTION 9.10. <br />Unclaimed Moneys ........................................................... ............................... <br />27 <br />SECTION 9.12. <br />Execution in Counterparts ................................................ ............................... <br />27 <br />SECTION 9.13. <br />Governing Law ................................................................. ............................... <br />27 <br />APPENDIX A - DEFINITIONS <br />APPENDIX B - FORM OF BOND <br />APPENDIX C - FORM OF CITY CERTIFICATE REGARDING BUDGET AND <br />APPROPRIATION OF DEBT SERVICE <br />APPENDIX D - FORM OF NOTICE TO TRUSTEE REGARDING PRO RATA <br />REDEMPTION OF BONDS <br />
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