Ordinance No. 0946

An Ordinance of the City of Ketchum, Idaho, authorizing and providing for the issuance of sewer revenue bonds, Series 2004, in the principal amount of $1,990,000, for the purpose of financing the acquisition of improvements to the sanitary sewer collection and treatment system of the City; describing the bonds; specifying the date, form, maturities, registration, and authentication of the bonds; fixing the rates of interest on the bonds; providing for the application of bond proceeds; establishing funds and accounts; providing for the collection and disposition of revenues; providing covenants relating to the bonds and to the tax-exempt status of the interest on the bonds; providing for the sale and delivery of the bonds; providing for a policy of municipal bond insurance to secure the payment of the bonds; providing for related matters; and providing an effective date