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<br />"::';:)-. .~'.- <br />,.......'- . '....' <br />~ .:. ~ <. I <br /> <br />~' <br />. ......C' <br />. ,I ('. .--- ~. <br /> <br />Act: Part 4 of Article 35 of Title 31, Colorado <br />Revised Statutes, as amended. <br /> <br />Bank: <br /> <br />any depository permitted by law of the <br /> <br />State to receive public funds for deposit. <br />Board: The Board of Directors of the District <br /> <br />Bond: <br /> <br />the water revenue bond issued hereunder <br /> <br />to evidence the Loan to the District by the State pursuant <br /> <br /> <br />to the Contract and the obligations of the District under <br /> <br /> <br />the Contract and designated as the "Lookout Mountain Water <br /> <br /> <br />District Water Revenue Bond, Series 1991," in the aggregate <br /> <br /> <br />principal amount not to exceed $600,000. <br /> <br /> <br />Bond Account: the special account referred to in <br /> <br /> <br />Section 9E hereof. <br /> <br />Bond Reserve Account: <br /> <br />the special account <br /> <br />referred to in Section 9F hereof. <br /> <br />Bond Year: <br /> <br />for the purpose of this Resolution <br /> <br />the twelve (12) month period commencing on the 1st day of <br /> <br /> <br />the month of the issuance of the Bond of any calendar year. <br /> <br />Construction Account: <br /> <br />the special account <br /> <br />referred to in Section 9B hereof. <br /> <br />Contract: the Contract between the State and the <br /> <br />District regarding financing the Project. <br /> <br />Debt Service Reauirements: <br /> <br />the principal of, <br /> <br />interest on, and any premiums due in connection with the <br /> <br /> <br />redemption of the Bond, Parity Securities and any other <br /> <br /> <br />securities then outstanding payable from the Net Pledged <br /> <br /> <br />Revenues and heretofore or hereafter issued and <br /> <br />-3- <br />