Summary
The 2008 Bond Issuance Documents detail the issuance of $214,565,000 Special Tax Revenue Refunding Bonds under the City of Philadelphia Funding Program. The document includes the Amended and Restated Indenture of Trust, originally dated December 1, 1994, between PICA and Meridian Bank as trustee. It outlines the rights, obligations, and repayment terms associated with the bonds. The agreement specifies debt service provisions, investment of funds, revenue sources, and financial covenants. The bonds are secured by pledged revenues, primarily from taxes collected under the PICA Tax Ordinance. The document also includes provisions for additional bonds, bond redemption, and trustee responsibilities.