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"CITY CLERK" means the City Clerk of the Issuer, or any assistant or deputy City Clerk. <br />"CITY COMMISSION" means the Mayor and the City Commission of Casselberry, <br />Florida, exercising their respective Charter powers at and during duly convened and held public <br />meetings. <br />"CITY MANAGER" means the City Manager of the Issuer. <br />"CODE" means the Internal Revenue Code of 1986, as amended. <br />"DEBT SERVICE FUND" means the "City of Casselberry, Florida General Obligation <br />Bonds Debt Service Fund" created pursuant to Section 17(A) hereof. <br />"DEBT SERVICE REQUIREMENT," for any Bond Year, means the sum of the amount <br />required to be deposited into the Debt Service Fund in such year. <br />"FEDERAL SECURITIES" means direct obligations of the United States of America and <br />senior debt obligations of government sponsored agencies. <br />"HOLDER" or "HOLDER OF BONDS" or 'BONDHOLDER" or "REGISTERED <br />OWNER" or any similar term means whenever used herein with respect to a Bond, the person in <br />whose name such Bond is registered and who shall be the registered owner of any outstanding <br />Bonds. <br />"INTEREST PAYMENT DATE" means such dates determined by subsequent resolution <br />prior to issuance of the Bonds. <br />"ISSUER" means the City of Casselberry, Florida. <br />"MAYOR" means the Mayor of the City of Casselberry, Florida, or in his or her absence <br />or disability, the Vice Mayor. <br />"PARKS AND RECREATION IMPROVEMENTS" means the parks and recreation <br />improvements and facilities described in Exhibit A. <br />"PROJECT FUND" means the "City of Casselberry, Florida General Obligation Bonds <br />Project Fund" created pursuant to Section 17(B) hereof. <br />"PROJECT" shall mean the Parks and Recreation Improvements. <br />"REBATE FUND" means the "City of Casselberry, Florida General Obligation Bonds <br />Rebate Fund" created herein. <br />3 <br />