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1992 Resolutions
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1992
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1992 Resolutions
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Last modified
2/6/2009 3:37:04 PM
Creation date
6/13/2001 5:25:41 PM
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Ord/Resolutions
Year
1992
Ord/Resolutions - Type
Resolutions
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-9- <br /> <br />principal amount of this Bond (or the portion of the principal amount hereof ~ be <br />redeemed) and of the accrued interest and premium, if any, payable upon such red,top,on <br />shall have been duly made or provided for, interest hereon shall cease to accrue fro:tm and <br />after the date so specified for the redemption hereof. <br /> <br /> Subject to the limitations and upon payment of the charges, ff any, provided <br />in the proceedings authorizing the Bonds of the issue of which this Bond is one, tl~ Bond <br />may be exchanged at the principal office of the Registrar for a like aggregate pr/ncipal <br />amount of Bonds of other authorized principal amounts and of the same ~ssue, interest rate <br />and maturity. This Bond is transferable by the Registered Owner hereof, in per, on or by <br />his attorney duly authorized in writing, on the books of registry kept by the Reg/slrar for <br />such purpose at the office of the Registrar but only in the manner, subject to the lira/rations <br />and upon payment of the charges, if any, provided in the proceedings authoriz/ng the bonds <br />of the issue of which this Bond is one, and upon the surrender hereof for cancellation. <br />Upon such transfer a new Bond or Bonds of authorized denomination sand cd ~ same <br />aggregate principal amount, interest rate and maturity as the Bond surrendered, w~l be <br />issued to the transferee in exchange herefor. <br /> <br /> This Bond shall not be valid or obligatory unless the certfficate of <br />authentication hereon shall have been manually signed by or on behalf of the Registrar. <br /> <br /> The full faith and credit of the City are hereby irrevocably pledged to the <br />payment of the principal of and interest on this Bond as the same become due. The <br />prmcipal hereof and interest hereon shall be payable from ad valorem taxes~ without <br />limitation of rate or amount, upon all property within the City subjec~ to taxation by the <br />City. <br /> <br /> It is hereby certified, recited and declared that all acts, conditions and things <br />required to exist, happen or be performed precedent to and in the issuance of this Bond do <br />exist, have happened and have been peffoi'med 'in due time, form and manner as required <br />by law, and that the amount of this Bond, together with all other indebtedness of the City, <br />does not exceed any limitation of indebtedness of the City, does not exceed any lira/ration <br />of indebtedness prescribed by the Constitution or statutes of the Commonwealth of V~rginia <br />or the Charier of the City. <br /> <br /> <br />
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