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10A Action Items 2017 1218
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10A Action Items 2017 1218
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12/13/2017 11:33:34 AM
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12/13/2017 11:33:30 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
12/18/2017
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PERM
Document Relationships
OB Reso 2017-06 Refunding Bonds
(Reference)
Path:
\City Clerk\Successor Agency Oversight Board
SA Reso 2017-008
(Reference)
Path:
\City Clerk\City Council\Resolutions\2017
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<br />-4- <br />“Closing Date” means, with respect to the 2018 Bonds, the date on which the 2018 Bonds <br />are delivered by the Trustee to the original purchaser thereof, being ________, 2018. <br /> <br />“Code” means the Internal Revenue Code of 1986 as in effect on the date of issuance of <br />the Bonds or (except as otherwise referenced herein) as it may be amended to apply to obligations <br />issued on the date of issuance of the Bonds, together with applicable, temporary and final <br />regulations promulgated, and applicable official public guidance published, under the Code. <br /> <br />“Continuing Disclosure Certificate” means the Continuing Disclosure Certificate relating to <br />the 2018 Bonds executed by the Successor Agency dated as of the Closing Date, as originally <br />executed and as it may be amended from time to time in accordance with the terms thereof. <br /> <br />“Costs of Issuance” means all items of expense directly or indirectly payable by or <br />reimbursable to the Successor Agency relating to the authorization, issuance, sale and delivery <br />of the Bonds, including but not limited to City and Successor Agency administrative staff costs, <br />printing expenses, bond insurance and surety bond premiums, rating agency fees, filing and <br />recording fees, initial fees and charges and first annual administrative fee of the Trustee and fees <br />and expenses of its counsel, fees, charges and disbursements of attorneys, financial advisors, <br />accounting firms, consultants and other professionals, fees and charges for preparation, <br />execution and safekeeping of the Bonds and any other cost, charge or fee in connection with the <br />original issuance of the Bonds. <br /> <br />“Costs of Issuance Account” means the account by that name within the Bond Proceeds <br />Fund established and held by the Trustee pursuant to Section 3.03. <br /> <br />“County” means the County of Alameda, a county duly organized and existing under the <br />Constitution and laws of the State. <br /> <br />“Debt Service Fund” means the fund by that name established and held by the Trustee <br />pursuant to Section 4.03. <br /> <br />“Defeasance Obligations” means (i) cash, (ii) Federal Securities and (iii) Permitted <br />Investments listed under subsection (b) of the definition thereof excluding Permitted Investments <br />listed under (b) (iv) and (b) (vi). <br /> <br />“Depository” means (a) initially, DTC, and (b) any other Securities Depository acting as <br />Depository pursuant to Section 2.11. <br /> <br />“Depository System Participant” means any participant in the Depository's book-entry <br />system. <br /> <br />“Dissolution Act” means Part 1.85 (commencing with Section 34170) of Division 24 of the <br />California Health and Safety Code. <br /> <br />“DTC” means The Depository Trust Company, New York, New York, and its successors <br />and assigns. <br /> <br />“Event of Default” means any of the events described in Section 8.01. <br /> <br />“Federal Securities” means any direct, noncallable general obligations of the United States <br />of America (including obligations issued or held in book entry form on the books of the Department <br />430
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