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1980 Resolutions
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1980 Resolutions
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Last modified
7/17/2001 6:05:53 PM
Creation date
6/22/2001 4:07:38 PM
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Ord/Resolutions
Year
1980
Ord/Resolutions - Type
Resolutions
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together with the interest accrued thereon to the date fixed for re- <br />demption plus a premium Of one-ca/after of one perce~t fl/4 of 1%) of the <br />principal amount of each Bond t~ be redeemed for each twelve (12) month <br />period or fraction thereof between the date fixed forredemption' aha" the <br />stated maturity hereof. <br /> <br /> If this Bond is redeemable and shall be called for redemption, <br />notice of the redemption hereof, specifying ~he date, number ~d maturity <br />of this ~ond, the date and place fixed for its redemr~hion and the premium, <br />if any, payable upon such reder~ption shall be given ~ the City tr3f <br />publication of such notice once in a newspaper printed in the English <br />language and customarily published on eac_~ ~usiness day and of general <br />circul~-hion in the Citf and once in at least one nevmpaper or financial <br />publication printed in the ~lqglish language and cust~rily published <br />on each business day in the City of New York, New York, the date of <br />publication of such notice in each case to be at least thirty days prior <br />to the date fixed for redemption. ~ If this Bond is then registered as <br />to .principal only or as to both principal and interest, notice of the <br />redemption hereof shall be mailed not iess th~n thirty dqys prior to the <br />date fixed for red~±on by registered ~nm~i! fo the registered owner of <br />this Bond. at such ova~er's address as sho~n on the books of registry; <br />provided~ h~ever, that if this Bond s5~tl %hen be registered and notice <br />of. redemption is m~iled as aforesaid, than notice of the redemption hereof <br />need not be given by publication, and if notice of redemption is given by <br />publication as aforesaid, then if this Bond shall then be registered the <br />failure to mail such notice as aforesaid or any defect in any notice so <br />mailed shall not affect the sufficiency of the proceedings for the re- <br />den!otion hereof. If notice of the re~.emDtion of tbi~ Bond shall have <br />been given as aforesaid~ and paymant of ~e principal amo%nnt of this Bond <br />and of the acc~d Lnterest and orer~lllT~, if asr, payable upon such re- <br />demption shall have be~ duly ma-de or provided-for, interest he~eon shall <br />cease fr~ and after the date so specified for the redemption bmreof ~ <br />any co ~%%oons represen-hing such interest shall be void. <br /> <br /> It is hereby ceztified, recited mhd declared that all acts, conditions <br />and things reql~ired to exist, happen or be performed precedent to and in <br />the issue~nce of ttkis Bond e~xist, have ba_Dpe~ed and have been performed in <br />due time, form and m~.~er as required by law, and that the amount of this ~ond, <br />together with all other J~ndebtedness of the Citv, does not exceed any <br />limitation of indebtedness prescribed by ~_he Constitution or statutes of <br />the Cc~monwealt2l of Virginia or the Charter of ~-he City. <br /> <br /> R-ne full faith and ~redit of the City are hereby irrevocably pledged <br />for the payment of ~he principal of and interest on %his Bond as ~he sa~e <br />becclme ~ae. The prJ~ncipal hereof and interest hereon shall be payable <br />from ad v~lorem %axes. wi~J~out ill, ration of rate or a~ount npo~ a~ pro- <br />petty within the City subject to taxation bythe City, if the revenues <br />of the ~foresaid water ~nd sewerage system are insufficient for -that <br />purpose. <br /> <br /> <br />
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