THE LAKEWOOD CITY COUNCIL CHAMBERS OCTOBER 18 2010 ...

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e detemuned by the Director ofFinance subject to subsection ofthis Section in the Certificate of Award which deternnation shall be consistent with the best interests of and financial advantages tothe City Consistent with the foregoing and in accordance with the determination ofthe best interest of and fmancial advantages to the City the Director of Finance shall specify in the Certificate of Awardi the aggregate principal amount of the Bonds to be issued as Serial Bonds if any the Principal Payment Date or Dates on which those Serial Bonds shall be stated to mature and the principal amount thereof that shall be stated to mature oneach such Principal Payment Date andii the aggregate principal amount of the Bonds if any to be issued as Term Bonds the principal amount thereof that shall be stated to mature on each such Principal Payment Date and the Mandatory Sinking Fund Redemption Date and the Mandatory Sinking Fund Redemption applicable to those Term Bonds c Conditionsfor Establishment ofInterest Rates and Principal Payment Dates and Amounts The rate or rates of interest per year tobe borne by the Bonds and the principal amount ofBonds maturing shall be such that the total principal and interest payments on the Bonds in any fiscal year in which principal is payable is not more than three times the amount ofthose payments in any other fiscal year The net interest rate per year for the Bonds determined by taking into account the respective principal amounts ofthe Bonds and terms to maturity or Mandatory Sinking Fund Redemption ofthose principal amountsofBonds shall not exceed 6 per year d Payment of Bonds The principal of and interest and any premium on the Bonds shall be payable in lawful money ofthe United States ofAmericawithout deduction forthe services of the Bond Registrar as paying agent Principal of and any premium on the Bonds shall be payable when due upon presentafion and surrender of the Bonds at the designated corporate trust office ofthe Bond Registrar Interest on a Bond shall be paid on each Interest Payment Date by check or dra mailed to the person in whose name the Bond was registered and to that person s address appearing on the Bond Register at the close of business on the 15th day ofthe calendar month next preceding that Interest Payment Date Notwithstanding the foregoing if and so long as the Bonds are issued in a book entry system principai of and interest and any premium on the Bonds shall be payable in the manner provided in any agreement entered into by the Director of Finance in the name and on behalfofthe City in connection with the bookentry system maturity e Redemption Provisions The Bonds shall be subject to redemption prior to stated as follows i Mandatory Sinking Funa Redemption If any ofthe Bonds are issued as Term Bonds the Term Bonds shall be subject to and redeemed pursuant to Mandatory Sinking Fund Redemption on the MandatorySix ldng Fund Redemption Dates applicable to the Term Bonds set forth in the Certificate of Award at a price equal to 100 of the principal amount ofthe Term Bonds to be redeemed plus accrued interest to the applicable Mandatory Sinking FundRedemption Date The Cityshall have the optionto deliverto the Bond Registrarfor cancellation Term Bonds in any aggregate principal amount and to receive a credit against the then current or 6
any subsequent Mandatory Sinking Fund Redemption and corresponding mandatory redemption obligation ofthe City for Term Bonds stated to mature on the same Principal Payment Date as the Term Bonds so delivered That option shall be exercised by the City on or before the 15th day preceding any Mandatory Redemption Date with respect towhich the City wishes to obtain a credit by famishing the Bond Registrar a certificate signed by theDirector ofFinance setting forth the extent ofthe credit to be applied withrespect to the thencurrent or any subsequent Mandatory Sinking Fund Redemptoon for Term Bonds stated to mature on the same Principal Payment Date If the certificate is not timely furnished to the Bond Registrar the current Mandatory Sinking Fund Redemption and corresponding mandatory redemption obligation shall not be reduced A credit againstthe then current or any subsequent Mandatory Sinking Fund Redemption and corresponding mandatory redemption obligation also shall be received by the City for any Term Bonds which prior thereto have been redeemed other than through the operation ofthe applicable Mandatory Sinking Fund Redemption or purchased for cancellation and canceled by the Bond Registrar to the extent not applied theretofore as a credit against any Mandatory Sinking Fund Redemption for Term Bonds stated to mature on the same Principal PaymentDate as the Term Bonds so redeemedor purchased and canceled Each Term Bond so delivered or previously redeemed or purchased and canceled shall be credited by the Bond Registrar at 100 ofthe principal amountthereof against the then current or subsequent Mandatory Sinking Fund Redemption and corresponding mandatory redemption obligations for Term Bonds stated tomature on the same Principal Payment Date as the Term Bonds so delivered redeemed or purchased and canceled ii Optional Redemption Certain maturities of the Bonds may be subject to optional redemption by and at the sole option of the City in whole or in part in integral mulfiples of5000 on the dates in the years and at the redemption prices expressed percentage ofthe principalamount to be redeemed plus accrued interesttothe redemption date all to be determined by the Director of Finance in the Certificate of Awardprovided that the earliest optional redemption date shall not be earlier than December 1 2019 or later thanDecember 1 2022 and the redemption price shall not be greaterthan 103 If optional redemption ofTerm Bonds at a redemption price exceeding 100 of the principal amount to be redeemed is to take place as of any Mandatory Redemption Date applicable to those Term Bonds the Term Bonds or portions thereof to be redeemed optionally shall be selectedby lot prior tothe selection by lot ofthe Term Bonds ofthe same maturity to be redeemed by operation of Mandatory Sinking Fund Redemption The Bonds to be redeemed pursuantto this paragraph shall be redeemed only uponwritten notice from the Director of Finance to the Bond Registrar given upon the direction ofthis Council by passage of an Ordinance That notice shall specify the redemption date and the principal amount ofeach maturity of Bonds to be redeemed and shall be given at least 45 days prior to theredempfion date or such shorter period as shall be acceptable to the Bond Registrar There shall be deposited with the Bond Registrar on or prior tothe redempfion date moneys that in addition to any other money available therefore and held by the Bond 7 as a
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DOCKET OF AMEETING OF THE LAKEWOOD
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l0 ORDINANCE NO 53 10 An Ordinance
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Kaufmann Park known as Lakewood Lit
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128 0306 CORPORATION COryoration me
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No shall be person required to with
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as CONSTRUCTION INDEPENDENT cuM1 nn
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d 1 On the portion attributable to
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MUNICIPALITY OR IN ANY MUNICIPALITY
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2 A TAXPAYER WHO RECEIVES INCOME AS
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128 2203 13A8I13TY PORNON PAYMENT B
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f Help maintainastable basebypxovid
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H Theyshallbe dceigned to havetow f
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ee Registered PmfessiovW Surveyor m
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5 Theapplicant shall meet Ne requir
Page 29 and 30: Section 2 It is found and determine
Page 31 and 32: oao so nn 043r m Toy 3 O m ac o m m
Page 33 and 34: Ordinance No 53 1o PLACED ON 1ST RE
Page 35 and 36: e hUQUraI Design Anygrephiq other s
Page 37 and 38: egulations of the Gty shall beremov
Page 39 and 40: j Wall arPanel Sons Shall not Proje
Page 41 and 42: RESOLUTION NO 8450 10 gy PLACED ON
Page 43 and 44: N Q Q r O N LJ m X w r f0 a O N W O
Page 45 and 46: City ofLakewood Audit Committee Ann
Page 47 and 48: City ofLakewood Audit Committee Ann
Page 49 and 50: 6 Reduction of economicdevelopment
Page 51 and 52: Counrl ak Large NICKIE ANTONIO MONI
Page 53 and 54: Citizens Committee for Leashed Dogs
Page 55 and 56: I h orr October 18 2010 Dear Member
Page 57 and 58: ORDINANCE N0 BY AN ORDINANCE to tak
Page 59 and 60: nsoo a and of any of its committees
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Page 71 and 72: 7b y wo ro b ms rn o F a y y o F gy
Page 73 and 74: N 0 y ti o sb w to R O N w o M p y
Page 75 and 76: ORDINANCE NO By AN ORDINANCE to tak
Page 77 and 78: Unless otherwise indicated referenc
Page 79: Bonds isnot secured by a lien on an
Page 83 and 84: they not been called for redemption
Page 85 and 86: notification of the book entry inte
Page 87 and 88: or give reports covenants and certi
Page 89 and 90: waiver will notbe effecfive unless
Page 91 and 92: Section 16 Emereency This Ordinance
Page 93 and 94: Annual Information means annual fin
Page 95 and 96: Interest Payment Dates means June 1
Page 97 and 98: a Interest Rates and Payment Dates
Page 99 and 100: applicable to those Term Bonds the
Page 101 and 102: on behalf ofthe City The same perso
Page 103 and 104: Ordinance arenot materially adverse
Page 105 and 106: T b Applicationfor Rating or Bond I
Page 107 and 108: Annual hiformafion and notices ofth
Page 109 and 110: or o Q QD f I LAWRENCE E MROZ o FIR
Page 111 and 112: automatically by the most recent ed
Page 113 and 114: Ir October 18 2010 Lakewood City Co
Page 115 and 116: the reasons set forth and defined i
Page 117 and 118: RESOLUTION N0 BY A RESOLUTION to ta
Page 119: NOTICE TO LEGISLATIVE AUTHORITY TO
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THE LAKEWOOD CITY COUNCIL CHAMBERS OCTOBER 18 2010 ...

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