Southtowns Record

SUPPORTING DOCUMENTS (6B-7G)

Government
Town of Aurora
Board
Town Board
Meeting
Apr 13, 2026
Kind
Agenda packet
Topics
Budget and taxes, Parks and recreation, Zoning and land use, Roads and traffic, Public safety, Water, sewer and drainage

Original document

Same meeting

Text · page 26 of 46

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EXHIBIT A

 Definitions:

  Allocable Corporation Bonds means the portion of the New Corporation Bonds specified
 in writing from time to time by the Corporation to the Recipient as having been secured by
 payments under, or a source of funding for the purchase of, the Recipient Bonds being redeemed.

  Effective Date means the date of issuance of the New Corporation Bonds, provided that to
 the extent any Nonrequired Unspent Moneys are not held by the Corporation or the Depository
 Bank, the Recipient’s obligation to transfer the Nonrequired Unspent Moneys to the Corporation
 ten (10) business days prior to the Effective Date shall be effective ten (10) business days prior to
 the Effective Date..

  _ Existing Agreement means the Project Finance Agreement entered into between the
_ Recipient and the Corporation dated July 1, 2025 in relation to the Leveraged Financing.

  Existing Tax Certificate means the Arbitrage and Use of Proceeds Certificate that the
 Recipient delivered in connection with the Leveraged Financing dated the date of delivery of the
 Prior Corporation Bonds.

  Leveraged Financing means the financial assistance made available to the Recipient from
 the proceeds of the Prior Corporation Bonds pursuant to the Existing Agreement.

  New  Corporation Bonds means any Corporation bonds or notes issued and other
 Corporation  financing made available to refund the Prior Corporation Bonds or any other
 Corporation bonds or notes hereafter issued to refund such Corporation bonds or notes or refinance
 the Leveraged Financing.

  Notice of Terms means a notice setting forth and confirming the definitive principal,
 interest and subsidy amounts, maturity dates and interest rates of the Recipient Bonds and certain
 other terms of the Leveraged Financing and credits, giving effect to the new payment dates for
 administrative fees.

  Prior Corporation Bonds means the series of bonds of the Corporation issued to finance
  the Leveraged Financing, being the Series 2015 B Bonds.

  Recipient Bonds means the bonds or notes issued and delivered by the Recipient to or
  upon the order of the Corporation, and purchased by the Corporation, in accordance with the
  Existing Agreement.

  2026 B & C Refunding Certificate — Series 2015 B, 2015 D and 2016 B Refunding