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for convenience of reference and shall not affect the meaning, <br />construction, interpretation or effect of this ordinance. <br />13.9. Series 1988 Reserve E uivalent. The City <br />hereby authorizes issuance of the Series 1988 Nate to the <br />provider of the Series 1988 Credit Agreement. The Series 1988 <br />Note shall be payable solely from the Net Revenues, after <br />required deposits into the Debt Service Account, as provided in <br />Sections 4.2,3.3 and 4.3.2.2 hereof. The Note shall be in an <br />amount no greater than the amount of the Series 1988 Credit <br />Agreement, plus interest at the rate assigned thereunder. The <br />City Manager or the City Manager's designee are hereby authorized <br />to obtain the Series 1988 Credit Agreement for the Series 1988 <br />Bonds in a principal amount equal to the Reserve Requirement for <br />the Series 1988 Bonds. The Mayor, City Recorder, City Manager or <br />the City Manager's designee are authorized to execute, an behalf <br />of the City, the Series 1988 Note,. the Series 1988 Credit <br />Agreement and any other documents which may be required to obtain <br />the Series 1988 Reserve Equivalent. Pursuant to DRS 288.596, <br />amounts due from the City under the documents associated with the <br />Series 1988 Reserve Equivalent shall be payable solely from the <br />Net Revenues, as provided herein. <br />13.14. Emerc~enc~. In order that the Series 1988 <br />Bonds may be sold and delivered as soon as possible, an emergency <br />is hereby declared to exist, and this ordinance shall take effect <br />immediately. <br />The foregoing ordinance was enacted by the Council of <br />the City of Eugene on April 1988. <br />f <br />City Reco der <br />r <br />0 <br />Page 71 - ordinance HwRmts431a/71 <br />