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1987 Resolutions
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1987
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1987 Resolutions
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2/6/2009 3:37:51 PM
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6/20/2001 4:52:20 PM
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Ord/Resolutions
Year
1987
Ord/Resolutions - Type
Resolutions
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tion, and if less than the entire principal amount of this <br />Bond .is to be redeemed, that ~his Bond must be surrendered <br />in exchange for the principal amount hereof to be redeemed <br />and a new Bond or Bonds issued equalling in principal amount <br />that portion of the principal amount hereof not to be <br />redeemed,, shall be mailed not less than thirty (30) days <br />prior to the date fixed for redemption by first class mail, <br />postage prepaid, to the Registered Holder hereof at his <br />address as it appears on the books of registry kept by the <br />Registrar~as of the close of business on the forty-fifth <br />(45th) day preceding the date fixed for redemption. If <br />notice of the redemption of this Bond shall have been given <br />as aforesaid, and payment of the principal amount of this <br />Bond (or the portion of the principal amount hereof to be <br />redeemed) and of the accrued interest and premium, if any, <br />payable upon such redemption shall have been duly made or <br />provided for, interest hereon shall cease to accrue from and <br />after the date so specified for the redemption hereof. <br /> <br /> Subject to the limitations and upon payment of the <br />charges, if any, provided in the proceedings authorizing the <br />Bonds of the issue of which this Bond is one, this Bond may <br />be exchanged at the principal corporate ~rus~ office of the <br />Registrar for a like aggregate principal amount of Bonds of <br />other authorized principal amounts and of the same issue, <br />interest rate and maturity. This Bond is transferable by <br />the Registered Holder hereof, in person or by his attorney <br />duly authorized in writing, on the books of registry kept by <br />the Registrar for such purpose at the principal corporate <br />trust office of the Registrar but only in the manner, <br />subject to the limitations and upon paymen~ of the charges, <br />if any, provided in the proceedings authorizing the Bonds of <br />the ~ssue of which this Bond is one, and upon the surrender <br />hereof for cancellation. Upon such transfer a new Bond or <br />Bonds of authorized denominations and of the same aggregate <br />principal amount, interest rate ~ndfm~turity as the Bond <br />surrendered, will be issued to the transferee in exchange <br />herefor. <br /> <br /> This Bond shall not be valid or obligatory unless <br />the certificate of authentication hereon shall have been <br />manually signed by an authorized signator of the Registrar. <br /> <br /> The full faith and credit of the City are hereby <br />irrevocably pledged for the paymen~ of the principal of and <br />interest on this Bond as the same become due. The principal <br />hereof and interest hereon shall be payable from ad valorem <br />taxes, without limitation of rate or amount, upon all <br />property within the City subject to taxation by the City, if <br />the revenues of the aforesaid Rater and sewerage system are <br />insufficient for that purpose. <br /> <br /> It is hereby certified, recited and declared that <br />all acts, conditions and things required to exist, happen or <br /> <br /> <br />
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