Laserfiche WebLink
201103788 <br />"Building Bonds" shall mean the $7,000,000 in original principal amount of <br />Building Bonds (Lbrary Project), Series 2005, issued under the 2005 Indenture. <br />"Cit�' shall mean the City of Grand Island, in the County of Hall, in the <br />State of Nebraska. <br />"Code" shall mean the Internal Revenue Code of 1986, as amended. <br />"Cor�ration" shall mean Grand Island Facilities Corporation, a Nebraska <br />nonprofit corporation. <br />"Costs of Issuance Fund" shall mean the fund created by Section 6.02 of <br />Article VI ofthis Indenture into which amounts from the proceeds ofthe Refunding <br />Bonds required for payment of issuance expenses shall be deposited and out of <br />which disbursements are to be made in the manner and for the purpose specified in <br />Section 6.02 of Article VI of this Indenture. <br />"Designated Office" shall mean the designated corporate trust office of the <br />Trustee which shall initially be in Des Moines, Iowa, and which may be changed by <br />notice in writing to the Corporation, the City and each registered owner of the <br />bonds. <br />"Government Obligations" - sha11 include the following: <br />(a) U.S. Treasury Certificates, Notes and Bonds (including State <br />and Loca1 Government Series - "SLGS"); <br />(b) Direct obligations of the Treasury which have been stripped <br />by the Treasury itsel� <br />(c) Resolution Funding Corp (REFCORP)(only the interest <br />component of REFCORP strips which have been stripped by request to the <br />Federal Reserve Bank of New York in book entry form are acceptable); <br />(d) Senior debt obligations issued by the following agencies <br />which are backed by the full faith and credit of the U.S.: (i) U.S. Export- <br />Import Bank (Eximbank)(direct obligations or fully guaranteed certificates <br />of beneficial ownership); (u) Fanners Home Administration <br />(FmHA)(certificates of beneficial ownership); (iii) Federal Financing Bank; <br />(iv) General Services Administration (participation certificates); (v) U.S. <br />Maritime Administration (guaranteed Title XI financing); or (vi) U. S. <br />Department of Housing and Urban Development (HLTD)(Project Notes, <br />Local Authority Bonds, New Communities Debentures--U.S. government <br />guaranteed debentures, U.S Public Housing Notes and Bonds--U.S. <br />government guaranteed public housing notes and bonds). <br />� <br />