2001 Resolutions - Laserfiche WebLink

Home Browse Search

Bonds maturing on or before ______________ 20__ are not subject to redemption before maturity. Bonds at the time outstanding which are stated to mature on or after ____________ __, 20__ may be redeemed before their maturities on or after __________ 20__ at the option of the City in whole or in part (in installments of $5,000) at any time or from time to time during the following redemption periods upon payment of the following redemption prices (expressed as a percentage of the principal mount to be redeemed) together with the interest accrued thereon to the date fixed for redemption: Redemption Period (both dates inclusive) Redemption Price. ______ ____, _____ through ______ ____, _____ _____%., ______ ____, _____ through ______ ____, _____ _____%, ______ ____, _____ and thereafter _____% If less than all of the Bonds are called for redemption, the maturities of the Bonds to be redeemed shall be selected by the Chief Financial Officer of the City in such manner as such officer may deem m be in the best interest of the City. If less than all of the Bonds of any maturity are called for redemption, the Bonds or portions thereof to be redeemed within a maturity shall be selected by The Depository Trust Company or any successor securities depository, or if the book-entry-only system is discontinued, by lot by the Bond Registrar, each portion of $5,000 principal amount being counted as one Bond for such purpose. If any of the Bonds or portions thereof are called for redemption, the Bond Registrar shall send notice of the call for redemption identifying the Bonds by serial or CUSIP numbers, and in the case of partial redemption, identifying the principal amount to be redeemed, and identifying the redemption date and price and the place where Bonds are to be surrendered for payment, by facsimile transmission, registered or certified mail or overnight express delivery not less than 30 -3-