Ordinance 2003-1426 - Laserfiche WebLink

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time. date hereof. City: the City of Louisville, Colorado. Code: the Code of Ordinances of the City, as it may be amended from time to Council: the City Council of the City. C.R.S.: the Colorado Revised Statutes, as amended and supplemented as of the Disclosure Certificate: the undertaking executed by officers of the City simultaneous with the delivery of the Bonds which enables the Purchaser to comply with the Rule. DTC: The Depository Trust Company, New York, New York, and its successors and assigns. Escrow Account: the account created in the Escrow Agreement. Escrow Agreement: the Escrow Agreement dated as of October 1, 2003 between the City and the Escrow Bank. Escrow Bank: U.S. Bank National Association, or its successor, which shall perform the function of Escrow Bank under the Escrow Agreement. Ordinance. Event of Default: Federal Securities: one or more of the events set forth in Section 28 of this only non-callable direct obligations of the United States of America and securities fully and unconditionally guaranteed as to the timely payment of principal and interest by the United States of America, to which direct obligation or guarantee the full faith and credit of the United States of America has been pledged, unless the Bond Insurer otherwise approves. Finance Director: the duly appointed Finance Director of the City. Letter of Representations: the letter of representations from the City to DTC to induce DTC to accept the Bonds as eligible for deposit at DTC. Insurance Trustee: The Bank of New York, in New York, New York, as insurance trustee for the Bond Insurer or any successor insurance trustee. 1993 Bonds: the City's Sales Tax Refunding Revenue Bonds, Series 1993 dated as of December 1, 1993 issued in the aggregate principal amount of $6,115,000 and currently outstanding in the aggregate principal amount of $4,025,000. 2