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<br />"Additional Bonds" shall mean the obligations issued at any <br />time under the provisions of section 5.02 hereof on a parity with <br />the Series 1995 Bonds. <br /> <br />"Additional Project" shall mean the acquisition, construction <br />or reconstruction of capital improvements and shall include all <br />property rights, easements, franchises and equipment relating <br />thereto and deemed necessary or convenient for the construction or <br />acquisition or the operation thereof which are financed in whole or <br />in part with the proceeds of Additional Bonds. <br /> <br />"Amortization Installment" shall mean an amount designated as <br />such by Supplemental Resolution of the Issuer and established with <br />respect to any Term Bonds. <br /> <br />"Annual Debt Service" shall mean, with respect to any Fiscal <br />Year, the aggregate amount of (1) all interest required to be paid <br />on the Outstanding Bonds during such Fiscal Year, except to the <br />extent that such interest is to be paid from deposits in the <br />Interest Account made from Bond proceeds, (2) all principal of Out- <br />standing Serial Bonds maturing in such Fiscal Year, and (3) all <br />Amortization Installments herein designated with respect to such <br />Fiscal Year. For purposes of this definition, all amounts payable <br />on every Capital Appreciation Bond shall be considered a principal <br />payment due in the year of its maturity. <br /> <br />"Authorized Issuer Officer" shall mean any person authorized <br />by resolution of the Issuer to perform such act or sign such <br />document. Unless otherwise designated, the "Authorized Issuer <br />Officer" shall be the City Manager. <br /> <br />"Bond Amortization Account" shall mean the separate account in <br />the Debt Service Fund established pursuant to section 4.04 hereof. <br /> <br />"Bond Counsel" shall mean any attorney at law or firm of <br />attorneys, of nationally recognized standing in matters pertaining <br />to the exclusion from gross income for federal income tax purposes <br />of interest on obligations issued by states and political sub- <br />divisions, and duly admitted to practice law before the highest <br />court of any state of the united States of America. <br /> <br />"Bondholder" or "Holder" or "holder" or any similar term, when <br />used with reference to a Bond or Bonds, shall mean any person who <br />shall be the registered owner of any Outstanding Bond or Bonds as <br />provided in the registration books of the Issuer maintained by the <br />Registrar. <br /> <br />"Bonds" shall mean the Series 1995 Bonds, together with any <br />Additional Bonds issued pursuant to this Resolution and any Subor- <br />dinated Indebtedness which accedes to the status of Bonds pursuant <br />to section 5.04 hereof. <br /> <br />2 <br />