21.02.2016 Views

CCSD BOA REVI ARD OF TR ISED AGEN RUSTEES NDA

2-22-16BoardOpenSessionAgendaPacket

2-22-16BoardOpenSessionAgendaPacket

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

ARTICLE IV<br />

PURCHASE <strong>OF</strong> NOTES<br />

Section 4.01 Purchases of Notes Outstanding. ................................................................................. 21<br />

ARTICLE V<br />

SALE <strong>OF</strong> NOTES<br />

Section 5.01 Determination of Time to Receive Bids; Notice of Sale. ............................................ 22<br />

Section 5.02 Award of Notes. ........................................................................................................... 22<br />

Section 5.03 Preliminary Official Statement and Official Statement. .............................................. 22<br />

ARTICLE VI<br />

DISPOSITION <strong>OF</strong> PROCEEDS <strong>OF</strong> SALE <strong>OF</strong> NOTES<br />

Section 6.01 Disposition of Series 2016A Note Proceeds Including Temporary Investments. ....... 23<br />

Section 6.02 Disposition of Series 2016B Note Proceeds Including Temporary Investments. ........ 23<br />

Section 6.03 Disposition of Series 2016C Note Proceeds Including Temporary Investments. ........ 23<br />

ARTICLE VII<br />

DEFEASANCE <strong>OF</strong> NOTES<br />

Section 7.01<br />

Discharge of Resolution - Where and How Notes are Deemed to have been Paid<br />

and Defeased. ............................................................................................................... 25<br />

ARTICLE VIII<br />

FEDERAL TAX CONSIDERATIONS<br />

Section 8.01 Compliance with the Code........................................................................................... 26<br />

Section 8.02 Ability to Meet Arbitrage Requirements. .................................................................... 27<br />

ARTICLE IX<br />

MISCELLANEOUS<br />

Section 9.01 Failure to Present Notes. .............................................................................................. 28<br />

Section 9.02 Severability of Invalid Provisions. .............................................................................. 28<br />

Section 9.03 Successors. ................................................................................................................... 28<br />

Section 9.04 Resolution to Constitute Contract. ............................................................................... 28<br />

Section 9.05 Continuing Disclosure. ................................................................................................ 28<br />

EXHIBIT A - LIST <strong>OF</strong> IMPROVEMENTS<br />

EXHIBIT B - FORM <strong>OF</strong> NOTES<br />

EXHIBIT C - FORM <strong>OF</strong> DISCLOSURE DISSEMINATION <strong>AGEN</strong>T AGREEMENT<br />

2/22/16 Board Agenda Agenda Item 9.5B<br />

(A&F D-IX)<br />

ii<br />

Page 6 of 49

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!