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TABLE OF CONTENTS <br />This Table of Contents if not a part <br />of the ordinance but is for <br />convenience of reference only.} <br />P~ <br />SECTION 1, FINDINGS, DEFINITIONS <br />AND RULES OF CONSTRUCTION <br />1,1. Findings and Determinations,,,,,,,,,,,,,,,,,,,,,,,, 1 <br />1.2. Definitions ........................................ 2 <br />1.3, Rules of Construction,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 14 <br />SECTION ~, PLEDGE; B4ND5 GENERALLY <br />2,1, Authorization of Bonds and Notes ................... 15 <br />2.Z. Pledge ................. ............................ 16 <br />2.3. Special obligations ................................ 16 <br />2,4, Bonds Equally Secured,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 16 <br />~.5. Bondowners Not Responsible for Use of Proceeds...,, 16 <br />2.6. Subordinate Lien,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 17 <br />SECTION 3, SERIES 1985 BONDS <br />3,1. Authorization of Series 1988 Bonds,,,,,,,,,, <br />, 18 <br />3,2, ,,, <br />,,, <br />Sales of Series 1988 Bonds; Establishment of <br /> Final Bond Terms; official Statement,,,,,,,,, 18 <br />3.3. ,,,,,, <br />Disposition of Proceeds,,,,,,,,,,,,,,, lg <br />3,4. ,,,,,,,,,,,,, <br />Tax Covenants <br /> <br />3,5, ...................................... <br />Authentication, Registration and Transfer..,,,.,,,, 19 <br />19 <br />3,6. Redemption of Series 1988 Bonds...,,,,,,,, 2D <br />3.7. ,,,,,,,,, <br />Purchase in Lieu of Mandatory Redemption,.,,.,,,,,, ~3 <br />3.8. Execution of Bonds ....................,.,........,. 23 <br />3,9, <br />3.10 Form of Bonds ...................................... <br />Mutilated <br />Lost <br />or D <br />t <br />d ~3 <br /> , <br />, <br />es <br />roye <br />Bonds,,,,,,,,,,,,,,,, ~3 <br />SECTION 4. FUNDS <br />4,1, Airport Construction Fund,,,,,,,,,,,,,,,,,,,,,,,,,,. z4 <br />4.~. Airport Revenue Fund; Application of Revenues....,, ~5 <br />4,3, Bond Fund; Appointment of Trustee to Administer <br />the Same ........................................... ~8 <br />.. 1 <br />