747-17 Master Resolution for Infrastructure Sales Surtax Revenue Bond (City Hall Project), Series 2017

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any time be substituted in its place pursuant to Supplemental Resolution. Notwithstanding anything herein to the contrary,the Registrar for the Series 2017 Bond is the Clerk. "Reserve Account" shall mean the separate account in the Debt Service Fund established pursuant to Section 4.04 hereof. "Reserve Account Requirement" shall mean $0 with respect to the Series 2017 Bond. The Issuer may establish by Supplemental Resolution the amount of the Reserve Account Requirement applicable to a subaccount hereafter created in the Reserve Account to secure a Series of Additional Bonds pursuant to Section 4.05A.4.hereof. "Resolution" shall mean this Resolution, as the same may from time to time be amended,modified or supplemented by Supplemental Resolution. "Restricted Revenue Account" shall mean the separate account in the Revenue Fund established pursuant to Section 4.04 hereof. "Revenue Fund" shall mean the City of Zephyrhills, Florida Infrastructure Sales Surtax Revenue Bonds Revenue Fund established pursuant to Section 4.04 hereof. "Sales Tax Revenues" shall mean the proceeds received by the Issuer, as its share determined in accordance with the Act from the levy and collection of the one-cent discretionary infrastructure sales surtax pursuant to Chapter 212, Part I, Florida Statutes, as such surtax may be extended from time to time. "Serial Bonds" shall mean all of the Bonds other than the Capital Appreciation Bonds, Term Bonds and Variable Rate Bonds. "Series" shall mean all the Bonds delivered on original issuance in a simultaneous transaction and identified pursuant to Sections 2.01 and 2.02 hereof or a Supplemental Resolution authorizing the issuance by the Issuer of such Bonds as a separate Series, regardless of variations in maturity,interest rate,Amortization Installments or other provisions. "Series 2017 Bond" shall mean the Issuer's Infrastructure Sales Surtax Revenue Bond (City Hall Project),Series 2017 authorized pursuant to Section 2.02 hereof,or such other name or names as shall be designated pursuant to the authorization in Section 2.02 hereof. "State"shall mean the State of Florida. "Subordinated Indebtedness" shall mean that indebtedness of the Issuer, subordinate and junior to the Bonds,issued in accordance with the provisions of Section 5.01 hereof. "Supplemental Resolution" shall mean any resolution of the Issuer amending or supplementing this Resolution adopted and becoming effective in accordance with the terms of Sections 7.01, 7.02 and 7.03 hereof. "Taxable Bond" shall mean any Bond which states, in the body thereof, that the interest income thereon is includable in the gross income of the Holder thereof for federal income tax purposes or that such interest is subject to federal income taxation. "Term Bonds" shall mean those Bonds which shall be designated as Term Bonds hereby or by Supplemental Resolution of the Issuer and which are subject to mandatory redemption by Amortization Installments. "Unrestricted Revenue Account" shall mean the separate account in the Revenue Fund established pursuant to Section 4.04 hereof. "Variable Rate Bonds" shall mean Bonds issued with a variable, adjustable, convertible or other similar rate which is not fixed in percentage for the entire term thereof at the date of issue. 5