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<br />(1) "2002 Bond" shall mean the Stormwater Utility Revenue Bond, Series 2002, <br />authorized by this Ordinance to be issued in a principal amount of $3,000,000. <br /> <br />(m) "Ordinance" shall mean this Ordinance as the same may from time to time be <br />amended and supplemented in accordance with the terms hereof. <br /> <br />(n) "Owner," "Bondholder" or "registered holder" or any similar term shall mean the <br />Bank or, subject to the provisions of Section 2.4 hereof, any successor registered holder of the <br />2002 Bond, provided that there shall never be more than 1 registered holder at anyone time. <br /> <br />(0) "Parity Obligations" shall mean any notes, bonds or other forms of indebtedness, <br />payable from the Pledged Revenues on parity with the 2002 Bond, whether or not such <br />obligations are issued under this Ordinance. <br /> <br />(p) "Paying Agent" shall mean the City's Finance Department or, if the City <br />Commission shall so determine by subsequent proceeding, any bank or trust company and any <br />successor bank or trust company appointed by the City to act as Paying Agent hereunder. <br /> <br />(q) "Payment Date" shall mean each January 1, April 1, July 1 and October 1, <br />commencing October 1, 2002, the Maturity Date and any date the principal of the 2002 Bond is <br />optionally prepaid in whole or in part. <br /> <br />(r) "Pledged Revenues" shall mean all moneys on deposit in th~ Debt Service Fund <br />derived from the proceeds of the Stormwater Utility Fee required to be deposited therein each <br />month in accordance with the provisions of this Ordinance. <br /> <br />(s) "Prime Rate" shall mean the annual interest rate most currently quoted in The <br />Wall Street Journal, eastern edition as the "Prime Rate." <br /> <br />(t) "Registrar" shall mean the City's Finance Department or, if the City Commission <br />shall so determine by subsequent proceeding, any bank or trust company and any successor bank <br />or trust company appointed by the City to act as Registrar hereunder. <br /> <br />(u) "Tax Certificate" shall mean the Arbitrage Certificate of the City executed on the <br />date of initial delivery of the 2002 Bond. <br /> <br />(v) "v. S. Obligations" shall mean the direct obligations of, or obligations on which <br />the timely payment of principal and interest are unconditionally guaranteed by the United States <br />of America, and, if determined by subsequent proceedings of the City Commission, certificates <br />which evidence ownership of the right to the payment of the principal of, or interest on, such <br />obligations. <br /> <br />(w) "Stormwater Utility Fee" shall mean the fee assessed against each property within <br />the City for the provision of stormwater service (as described in the Stormwater Utility <br />Ordinance), whether levied in the amounts prescribed by the Stormwater Utility Ordinance or in <br /> <br />6 <br /> <br />02002- $3 Million Bond Golden Shores Stormwater Utility <br />