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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 premiL~ of one-quarter of one percent (1/4 of 1%) of the <br />principal amount of each Bond to be redeemed for each twelve (12) month <br />period or fraction thereof bet~men the date fixed for redemption and <br />stated maturity hereof. <br /> <br /> If %his Bond is redee~nable and shall be called for red~mption, <br />notice of the redemption hereof, specifying the date, n~0er and maturity <br />of this Bond, the date and place fixed for its redemption and the premix, <br />if any, payable upon such redemption shall be given by the City by <br />publication of such notice once in a newspaper printed in the ~nglish <br />language and customarily published on each business da_v and of general <br />circulation in the City and once in at least one ne~spap~r or financial <br />publication printed in the English language and custc~rily published <br />on each business day in the City of New York, N~,~ York, the date of <br />publication of such notice in each case to be at least tkirty days prior <br />to the date fixed for redemption. If this Bond is then registered as <br />to pr~_ncmpal only or as to both principal and interest, notice of the <br />rede/~ption hereof shall be mailed not less than thirty days prior to the <br />date fixed for redemption ~5~ registered r~ail to the registered o~aer of <br />~bis Rond at such (~ner's address as sh~o on the books of registry; <br />provided, h~ever, that if this Bond shall then be registered and no~ice <br />of redemption is mailed as aforesaid, then ncfcice of ~he redemption hereof <br />need not be give~n by publication, and if no~ice of redemption is given by <br />publication as aforesaid, then if this Bond shall then be registered ~he <br />failure to n~il such notice as aforesaid or any defec~ in any notice so <br />mailed shall not affect the sufficiency of. the proceedings for the re- <br />demption hereof. If notice of the redemption of this Bond shall have <br />been given-as aforesaid, ~nd paymen-t of the principal amount of this Bond <br />and of the accrued interest and pr~.~m, if any, payable upon such re- <br />da~pkion sbx%ll have beech d~ty made or provided for, interest hereon shall <br />cease fro~ amd after %he date so specified for the reder~otion hereof and <br />any coupons repres~n~-ing such interest shall be void. <br /> It is hereby certified, recited and declared that all acts, conditions <br /> and things required to exist, happe~] or be performed precedent to and in <br /> ~3ae issuance of ~his Bor.~_I exist, have happened and have been perfora~d in <br /> due time, form and m~kner as required by law, and that the amount of this Bond, <br /> together ~ith all other Lndeb~edness of t-he City, does not exceed any <br /> limitation of indebtedness prescribed by the Constitution or statutes of <br /> the C~m0~'ealth of Virginia or the ~er of the City. <br /> The full faith and credit of the City are hereby irrevocably pledged <br /> for the payment of ~he principal of and interest on ~his Bond as the sa~ <br /> become due. The principal hereof and interest hereon shall be payable <br /> fr~m ad valorem taxes without limitation of rate or amount upon all pro- <br /> perky within the City subject to taxation by the City, if the revenues <br /> of the aforesaid wa~er and sewerage system are insufficient for that <br /> ptlrpose. <br /> <br /> <br />
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