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THE LAKEWOOD CITY COUNCIL CHAMBERS OCTOBER 18 2010 ...

THE LAKEWOOD CITY COUNCIL CHAMBERS OCTOBER 18 2010 ...

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Unless otherwise indicated reference to a Section of the Code includes any applicable successor<br />

section or provision and such applicable Treasury Regulations rulings announcements notices<br />

procedures and determinations pertinent to that Section<br />

Confinuing Disclosure Agreement means collectively the Continuing Disclosure<br />

Certificate and the agreements ofthe City set forth in Section 9c ofthis Ordinance<br />

Continuing Disclosure Certificate means the Continuing Disclosure Certificate authorized<br />

by this Ordinance<br />

County Fiscal Officer means the fiscal officer oftheCounty ofCuyahoga Ohio presently<br />

the CountyAuditor and beginning January 1 2011 the County Fiscal Officer<br />

Depository means any securities depository that is a clearing agency under federal law<br />

operating and maintaining with its Participants or otherwise a book entry system to record<br />

ownership ofbook entry interests in Bonds or the principal ofand interest on Bonds and to effect<br />

transfers of Bonds in book entry form and includes and means initially The Depository Trust<br />

Company a limited purposetrust companyNew York New York<br />

Trustee<br />

Director ofFinancemeans the Director ofFinance ofthe City<br />

Escrow Agreement means the Escrow Agreement between the City<br />

and the Escrow<br />

Escrow Fund means the escrow fund established pursuant to theEscrow Agreement<br />

Escrow Trustee meansUS BankNational Association<br />

Improvement means collectivelyi resurfacing City streets driveways and parking<br />

lotsii reconstructing a fuel tank bulkheadiii replacing traffic signals iv improving parks<br />

v constructing and reconstructing streets and sidewalks vi reconstructing renovating and<br />

improving City buildings vii implementing reforestation programs and viii improving the<br />

Lakewood Park Shoreline<br />

Interest Payment Dates means June 1 and December 1 of each year that the Bonds are<br />

outstanding commencing June 1 2011<br />

Mandatory Sinking Fund Redemption means the schedule softhemandatoryredemption ofTerm Bonds setforth in the CertificateofAward<br />

Mandatory Sinking Fund Redempfion Dates means those Principal Payment Dates set<br />

forth in the Certificate ofAward on which a portion oftheprincipal amount ofthe Term Bonds are<br />

required tobe redeemed<br />

MSRB means theMunicipal Securifies Rulemaking Board established by theSEC<br />

7

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