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CITY OF SEWARD, ALASKA <br />RESOLUTION 2016-052 <br />Refunded Bond, and related matters. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF SEWARD, ALASKA that: <br />Section 1. Definitions. Terms not herein defined shall have the meaning set forth in the <br />herein defined 2000 Resolution. The following terms shall have the following meanings in this <br />Resolution: <br />(A) "Amendatory Loan Agreement" means the Amendatory Loan Agreement between the <br />City and the Bond Bank, amending the Loan Agreement to provide for the refunding of the Refunded <br />Bond through their exchange for the Bond, and related matters. <br />(B) "Bond" means the "Harbor Improvement Revenue Refunding Bond, 2016" of the City <br />of Seward, the issuance and sale of which are authorized herein. <br />(C) "Bond Bank" means the Alaska Municipal Bond Bank, a public corporation of the <br />State of Alaska. <br />(D) "Bond Bank Bonds" means the General Obligation Refunding Bonds, 2016 Series <br />Three (Governmental Purpose) of the Bond Bank. <br />(E) "Bond Re ig ster" means the registration books maintained by the Registrar, which <br />include the names and addresses of the Registered Owners of the Bond or their nominees. <br />(F) "City" means the City of Seward, a municipal corporation of the State of Alaska, <br />organized as a home rule city under Title 29 of the Alaska Statutes. <br />(G) "City Finance Director" means the Finance Director of the City. <br />(H) "Code" means the Internal Revenue Code of 1986, as amended from time to time, <br />together with all regulations applicable thereto. <br />(I) "Continuing Disclosure Certificate" means a certificate relating to the 2016 Bond <br />executed in connection, and delivered by the City, with respect to compliance with paragraph (b)(5) <br />of Rule 15c2-12 of the Securities and Exchange Commission, as such certificate may be amended or <br />supplemented from time to time. <br />(J) "Council" means the Council of the City of Seward, as the general legislative <br />authority of the City of Seward, as the same shall be duly and regularly constituted from time to time. <br />(K) "Loan Agreement" means the Loan Agreement between the City and the Bond Bank <br />