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1982 Resolutions
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1982
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1982 Resolutions
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Last modified
9/25/2001 2:51:45 PM
Creation date
6/22/2001 3:52:59 PM
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Ord/Resolutions
Year
1982
Ord/Resolutions - Type
Resolutions
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The principal of and premium, if any, and interest <br />on this Bond are payable in such coin or currency of the <br />United States of America as at the respective dates of <br />payment is legal tender for public and private debts. S~ch <br />principal and premium are payable at the principal office <br />of either of the aforesaid paying agents for this Bond. <br /> <br /> This Bond i~ one of an issue of Bonds aggregating <br />Twenty-Two Million Dollars ($22,000,000) in principal amount <br />and issued for the purpose of providing funds to pay the <br />cost of various public improvemen~ projects of and for the <br />City under and pursuant to and in full compliance With the <br />Constitu~.~on and statutes of the Commonwealth of Virgini~r <br />including Chapter 5 of Title 15.1 of the Code of Virginia, <br />1950, as amended (the same being the Public Finance Act), <br />and the ~arter~of the City, and proceedings of the Council <br />of the City duly adopted and taken under such Chapter 5 ~nd <br />such Charter. <br /> <br /> The Bonds of the issue of which this Bond is one~ <br />maturing on and after December 1, 1993 are subject to <br />redemption at the option of the City prior to their stated <br />maturities on or after'December 1, 1992, in whole at any <br />time, or in part from time to time on any interest payment <br />date in any order determined by the City (except that if at <br />any time less than all Of the Bonds of a maturity are called <br />for redemption, the.particular Bonds of such maturity to be <br />redeemed shall be selected~ by lot), upon payment of the <br />principal amount of the Bonds to be redeemed together with <br />the interest accrued thereon to the date fixed for <br />redemption plus a premium of one-quarter of one percent (1/4 <br />of 1%) of the principal~amount of each Bond to be redeemed <br />for each twelve (12) month period or fraction thereof <br />between the date~fixed for redemption and the stated <br />maturity hereof. <br /> <br /> If this Bond is redeemable and shall be called for <br /> redemption~ notice of the redemption hereof, specifying the <br /> date, numbe~ and maturity of-this Bond, the date and place <br /> fixed for its redemption and the premium, if any, payable <br /> upon such redemption shall be given by the City by <br />' publication of such notice once in a newspaper printed in <br /> the English language and customarily published on each <br /> business day and of gen'e~al ci~culatio~ in the City, and <br /> once in at~teast one newspaper or financial publication <br /> printed in the English language and customarily published on <br /> each business day in New'York, New York, the date of <br /> publication of such notice in each case to be at least <br /> <br /> Bond is then registered as to principal only or as to both <br /> principal and interest, notice of the redemption hereof <br /> shall be mailed not less than thirty days prior to the date <br /> fixed for redemption by registered mail to the registered <br /> <br /> <br />
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