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1.7. The Tukwila City Council has adopted Ordinance No.J'3-10 authorizing <br /> the issuance of not to exceed $1,100,000 Limited Tax General Obligation Bonds, 2012 <br /> and the execution of this Agreement to provide for the financing of the Pool <br /> Improvement Project. <br /> Section 2. Definitions. <br /> For purposes of this Agreement, the following words shall have the following meanings, <br /> unless another meaning is clearly intended. Capitalized terms not defined below shall have the <br /> meanings given in the Bond Ordinance. <br /> "Agreement" means this Interlocal Agreement for the funding of the Tukwila Pool <br /> Improvement Project, entered into by and between the City and TMPD under the authority of <br /> RCW 35.61.290 and 67.20.010. . <br /> "Bond Counsel" means a firm of nationally recognized Bond Counsel selected by the City. <br /> "Bond Ordinance" means Ordinance NAMO of the City of Tukwila authorizing issuance <br /> of the City's Limited Tax General Obligation Bonds, 2012 (Pool Improvement Project). <br /> "Business Day" means any day that is not a Saturday, Sunday, holiday or other day on which <br /> commercial banking institutions in Washington state are authorized or obligated by law or <br /> executive order to be closed. <br /> "City" means the City of Tukwila, Washington. <br /> "Code" means the Internal Revenue Code of 1986, as amended, together with all <br /> administrative rulings and regulations promulgated or issued thereunder. <br /> "Debt Service Payment" means any payment of principal or interest (or both) with respect to <br /> Pool Improvement Project Bonds plus any premium, prepayment penalty, credit enhancement, <br /> remarketing or similar fee coming due and payable on any principal or interest payment date and <br /> not paid on issuance of the bonds. <br /> "Gross TMPD Revenues" means all taxes, fees, charges and other revenues received by <br /> TMPD from any source whatsoever. <br /> "Pool Improvement Project" or "Project" means the Tukwila Pool Improvement Project <br /> described in Exhibit A and incorporated by this reference. <br /> "Pool Improvement Project Bonds" the City's Limited Tax General Obligation Bonds, 2012, <br /> authorized by the Bond Ordinance. <br /> "Parties"means the City and TMPD. <br /> "Tukwila Metropolitan Park District" or "TMPD" means The Tukwila Metropolitan Park <br /> District, a municipal corporation created pursuant to chapter 36.120 RCW and a vote of the <br /> people held on August 16, 2011. <br /> Firms,-11/14/12 PAGE 2 <br />