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<br />------- <br /> <br /> <br /> <br />.~~","~~ <br /> <br /> <br />~ . ' '\ ~:I ORDINANCE No.113D <br /> <br /> <br />AN ORDINANCE OF THE CITY OF LOUISVILLE AUTHORIZING THE <br />ISSUANCE OF THE CITY OF LOUISVILLE, COLORADO, SALES TAX <br />REFUNDING REVENUE BONDS, SERIES 1993, IN THE TOTAL AGGREGATE <br />PRINCIPAL AMOUNT OF $6,175,OOO,FOR THE PURPOSE OF REFUNDING A <br />PORTION OF THE CITY'S OUTSTANDING SALES TAX REVENUE BONDS; <br />PRESCRIBING THE FORM OF SAID BONDS; PROVIDING FOR THE <br />PA YMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS FROM <br />A PORTION OF THE REVENUES OF THE SALES TAX IMPOSED BY THE <br />CITY AND PLEDGED TO THE CITY'S CAPITAL IMPROVEMENT FUND; <br />PROVIDING FOR THE PAYMENT AND DISCHARGE OF THE OUTSTANDING <br />SALES TAX REVENUE BONDS BEING REFUNDED; AND PROVIDING <br />OTHER COVENANTS AND DETAILS IN CONNECTION THEREWITH. <br /> <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF <br />LOUISVILLE, COLORADO, ORDAINS: <br /> <br />Section 1. Definitions. As used herein, unless the context requires otherwise, <br />the following capitalized terms shall have the following meanings: <br /> <br />the Bonds. <br /> <br />Beneficial Owner: any Person for which a Participant acquires an interest in <br /> <br />Bond Account: a special account of the Capital Improvement Fund established <br />hereby for the purpose of paying the principal of and interest on the Bonds. <br />Bond Insurance Policy: the issued by <br />the Bond Insurer guaranteeing payment of principal of and interest on the Bonds. <br /> <br />Bond Insurer: <br /> <br />insurance company, or any successors thereto. <br />Bond Purchase Ae:reement: the Bond Purchase Agreement between the City <br />and the Purchaser dated the date of this Ordinance. <br /> <br />, a stock <br /> <br />- 2 - <br />