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<br /> 3 <br /> <br />D. The Bonds shall be sold to the Purchaser in accordance with the Bond <br />Purchase Agreement, and such sale is to the best advantage of the City; and <br />E. All action preliminary to the authorization of the issuance of the Bonds <br />has been taken. <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE <br />CITY OF LOUISVILLE, COLORADO: <br /> <br />ARTICLE I <br /> <br />DEFINITIONS, INTERPRETATION, <br />RATIFICATION AND EFFECTIVE DATE <br />Section 101. Short Title. This ordinance shall be known as and may be cited by the <br />short title “2013 Bond Ordinance” (the “ordinance”). <br />Section 102. Meanings and Construction. <br />A. Definitions. The terms in this Section for all purposes of this ordinance <br />and of any ordinance amendatory hereof or supplemental hereto, or relating hereto, and of any <br />other ordinance or any other document pertaining hereto, except where the context by clear <br />implication otherwise requires, shall have the meanings herein specified: <br />“acquire” or “acquisition” means the opening, laying out, establishment, <br />purchase, construction, securing, installation, reconstruction, lease, gift, grant from the Federal <br />Government, the State, any body corporate and politic therein, or any other Person, the <br />endowment, bequest, devise, transfer, assignment, option to purchase, other contract, or other <br />acquisition, or any combination thereof, of any properties pertaining to the System, or an interest <br />therein, or any other properties herein designated. <br />“Bond Counsel” means an attorney or a firm of attorneys, designated by <br />the City of nationally recognized standing in matters pertaining to the tax status of interest on <br />bonds issued by states and their political subdivisions, duly admitted to the practice of law before <br />the highest court of any state of the United States of America or the District of Columbia. <br />“Bond Fund” means the special account designated as the “City of <br />Louisville, Colorado, Water and Wastewater Enterprise Revenue Refunding Bonds, Series 2013 <br />Bond Fund” created pursuant to Section 605 hereof. <br />“Bond Year” means the twelve (12) months commencing on the second <br />day of December of any calendar year and ending on the first day of December of the next <br />succeeding calendar year. <br />9