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PROPOSITION E Shall the City of University City, Missouri issue its general obligation bonds in the amount of $500,000 for the purpose of completing the restoration and improvement of public properties in the Civic Plaza Historic District7 PROPOSITION F Shall the City of University City, Missouri, issue its general obligation bonds in the amount of $933,000 for the purpose of enclosing, renovating, repairing, improving and equipping the Heman Park recreation facility and installing lighting for sports fields at Heman Park? WHEREAS, the votes cast at said election were duly canvassed as provided by law, and it was found and declared that more than four-sevenths of the qualified voters of the City voting at said election on each of said propositions voted in favor of the issuance of said bonds, the vote on said propositions having been as follows: Number of Number of Proposition YES votes NO votes B 6630 1723 C 6029 2248 D 5723 2544 E 4746 3437 F 5899 2411 WHEREAS, the City has not issued any of the bonds so authorized at said election; and WHEREAS, $4,475,000 principal amount of the bonds so authorized have been duly sold at competitive public sale, and it is necessary at this time to authorize the issuance and delivery of said bonds for the purposes aforesaid; NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI, AS FOLLOWS: ARTICLE I DEFINITIONS Section 101. Definitions of Words and Terms. In addition to words and terms defined elsewhere herein, the following words and terms as used in this Ordinance shall have the following meanings: "Arbitra~e Instructions" means the Arbitrage Instructions attached hereto as Exhibit B, as the same may be amended or supplememed in accordance with the provisions thereof. "Bond Payment Date" means any date on which principal of or interest on any Bond is payable. -2-