Board of Visitors minutes :: November 30, 1984 :: University of Virginia Library

Board of Visitors minutes
November 30, 1984

THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA SERIES RESOLUTION Authorizing and Securing Fixed/Adjustable Rate Hospital Revenue Bonds (Series B) Adopted November 30, 1984

SERIES RESOLUTION THE RECTOR AND VISITORS OF THE UNIVERSITY OF VIRGINIA Fixed/Adjustable Rate Hospital Revenue Bonds (Series B) Adopted November 30, 1984

ARTICLE I. DEFINITIONS

ARTICLE II. FORM, EXECUTION, DELIVERY, REGISTRATION, TENDER AND PAYMENT OF BONDS

ARTICLE III. REMARKETING AND PURCHASE OF BONDS

ARTICLE IV EXPIRATION OF CREDIT FACILITY; SUBSTITUTE CREDIT FACILITY; MANDATORY TENDER PROVISIONS

ARTICLE V. REDEMPTION OF BONDS

ARTICLE VI FUNDS AND ACCOUNTS

SECTION 601. Funds and Accounts.

SECTION 602. Application of Money in Sinking Fund Account.

SECTION 603. Application of Money in Interest Account and the Bank Interest Account.

SECTION 604. Application of Money in Redemption Account.

SECTION 605. Application of Money in Reserve Account; Replenishment of Reserve Account.

SECTION 606. Investment of Money in Certain Accounts.

ARTICLE VII. THE PAYING AGENT, THE REMARKETING AGENT AND THE INDEXING AGENT

ARTICLE VIII. AMENDMENTS AND SUPPLEMENTS

ARTICLE IX. MISCELLANEOUS

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SECTION 603. Application of Money in Interest Account and the Bank Interest Account.

The State Treasurer shall withdraw money from the Interest Account and the Bank Interest Account and pay or cause to be paid interest on the Bonds and the portion of the purchase price of Bonds attributable to interest in accordance with Sections 208 and 210 hereof.