§ 43.8.3. DEFINITIONS.  


Latest version.
  • For purposes of this Article, the following terms shall have the meanings given below:
    (a) The term "Board" shall mean the Board of Supervisors of the City.
    (b) The term "Charter" shall mean the Charter of this City.
    (c) The term "City" shall mean the City and County of San Francisco.
    (d) The term "lease obligations" shall include the City's obligation under any lease entered into with any nonprofit corporation, authority or other entity which issues, or causes to be issued, lease revenue bonds or certificates of participation secured by, or evidencing interests in, the City's obligation under such lease.
    (e) The term "refunded bond" shall mean any outstanding general obligation bond, revenue bond or lease obligation to be refunded by the City.
    (f) The term "refunding bond" shall mean any bond issued or lease obligation entered into for the purpose of refunding in whole or in part, any general obligation bond or any lease obligation.
    (g) The term "yield" shall mean the yield on the refunding bonds as calculated pursuant to the provisions of the Internal Revenue Code of 1986, as amended from time to time.
    (Added by Ord. 12-00, File No. 992117, App. 2/11/2000)