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<br />Colorado joint venture~ including any amendments or sUpplements <br />thereto made in accordance with the provisions of this Ordinance. <br /> Bond Fund: a special fund of the City designated as the <br />"Golf Course Revenue Bond Fund", created by the provisions of this <br />Ordinance for the purpose of paying the principal of, premium if <br />any, and interest on the Bonds, including therein the Principal <br />Account and the Interest Account. <br /> Bond Purchase Agreement: the agreement dated May 17, <br />1988, between the City and the Underwriter, concerning purchase of <br />the Bonds by the Underwriter. <br /> Bond Registrar: Central Bank of Denver, a banking cor- <br />poration, in Denver, Colorado, or its successor, which shall <br />perform the registration and transfer functions of bond registrar <br />as set forth in this Ordinance. <br /> Bonds: the anticipation warrants authorized by this <br />Ordinance, being denominated "Golf Course Revenue Bonds, Series <br />1988", dated June 1, 1988, issued in the aggregate principal <br />amount of $4,340,000. <br /> Capital Improvements: the acquisition of land, ease- <br />ments, facilities, and equipment (other than ordinary repairs and <br />replacements), and the construction or reconstruction of improve- <br />ments, betterments, and extensions, for use by or in connection <br />with the Golf Course. <br /> Certified Public Accountant: a certified public accoun- <br />tant within the meaning of ~12-2-115, C.R.S. , licensed to practice <br />in the state of Colorado, or a firm of such accountants, who or <br />which is not an employee of the City. <br /> City: the City of Louisville, Colorado. <br /> Code: the Internal Revenue Code of 1986, as amended and <br />supplemented from time to time. <br /> Combined Average Annual Principal and Interest <br />Requirements: with regard to any two or more particular issues of <br />bonds or other Obligations, the aggregate of all future payments <br />of principal of and interest on all of said issues (excluding <br /> - 4 - <br />