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1987 Resolutions
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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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determined by the City (except that if at any time less than <br />all of the Bonds of a given maturity are called for redemp- <br />tion, the particular Bonds of such maturity or portions <br />thereof in installments of $5,000 to be redeemed shall be <br />selected by lot), upon payment of the principal amount of <br />the Bonds (or portions thereof in installments of $5,000) to <br />be redeemed, together with the interest accrued thereon to <br />the date fixed for redemption, plus a premium of [i~SERT <br />REDEMPTION PREMIUMS]. <br /> <br /> If this Bond is redeemable and this'Bond (or any <br />portion of the principal amount hereof in installments of <br />$5,000) shall be called for redemption, notice of the <br />redemption hereof, specifying the date, number and maturity <br />of this Bond, the date and place or places fixed for its <br />redemption, the premium, if any, payable upon such redemp- <br />tion, and if less than the entire prIncipal amount of this <br />Bond is to be redeemed, that this 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 amoun~ <br />that portion of the principal amoun~ 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 amoun~ of this <br />Bond (or the portion of the principal amount hereof to be <br />redeemed) and of the accrued interest and ~remi~, 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 dpon 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 trust office of the <br />Registrar for a like aggregate prlncipal 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 ~egistry kept by <br />the Registrar for such purpose a~ the principal corporate <br />trust office of the Registrar but only in the manner, <br />subject to the limitations and upon payment of the charges, <br />if any, provided in the proceedings authorizing the Bonds of <br />the issue 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 and maturity as the Bond <br />surrendered, will be issued to the transferee in exchange <br />herefor. <br /> <br /> <br />
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