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<br /> Bond Registrar: Central Bank of Denver, a bank i ng <br />corporation, in Denver, Colorado, or its successor, which shall <br />perform the f unct ions of bond registrar wi th res pect to the Bonds. <br /> Bonds: the General Obligation Water Bonds, Series 1986, <br />dated May 1 , 1986, issued in the aggrega te principal amoun t of <br />$3,310,000, as authorized by this Ordinance. <br /> Bond Purchase Agreement: the agreement between the Ci ty <br />and the Underwriter da ted Apr il 15, 1986, concerning the pur chase <br />of the Bonds. <br /> C.R.S. : the Colorado Revised Statutes, as amended and <br />supplemented as of the date hereof. <br /> Certified Public Accountant: a certified public <br />accountant within the me ani ng of ~12-2-ll5, C.R.S. , licensed to <br />practice in the State of Color ado. <br /> City: the City of Louisville, Boulder County, Co lorado. <br /> Code: the Internal Revenue Code of 1954, as amended and <br />s uppl eme n ted from time to time. <br /> Council: the Ci ty Counc il of the City. <br /> Escrow Accoun t: a s pe cia I fund and separate trust <br />accoun t created by this Ordinance, designated as the "City of <br />Loui sville Bond Ref undi ng Escrow Acc oun t , 1986", to be established <br />and ma in t a in ed at the Bank. <br /> Escrow Agreement: the ag reeme n t between the Ci ty and <br />the Bank dated as of Hay 1, 1986, concerning the establishment and <br />maintenance of the Escrow Account. <br /> Escrow Su p pI eme n t : an amoun t not to exceed $150,000, <br />be i ng legally ava il able moneys of the Ci ty, which shall be <br />deposited to the Escrow Ace oun t and used to suppl emen t the <br />proceeds of the Bonds. <br /> Federal Securities: direct obligations of, or obliga- <br />tions the pr inc ipal of and interest on which are unconditionally <br />guaranteed by, the United States of America. <br /> Ordinance: this Ordinance which au thor ize s the issuance <br />of the Bonds. <br /> - 10 - <br />