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2003 Resolutions
Portsmouth-City-Attorney
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2003
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2003 Resolutions
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Last modified
2/6/2009 3:35:14 PM
Creation date
5/15/2003 5:12:45 PM
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Ord/Resolutions
Year
2003
Ord/Resolutions - Type
Resolutions
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as the Bonds are in book entry form such Bond Registrar and Paying Agent may be the Chief <br /> <br />Financial Officer. <br /> <br /> The City Council may appoint a subsequent registrar and/or one ~or more paying agents <br />for the Bonds by subsequent resolution and upon giving written notice to the owners of the <br />Bonds specifying the name and location of the principal office of any such registrar or paying <br />agent. <br /> <br /> 7. Execution of Bonds. The City Manager and the Clerk of the City are authorized <br /> <br />and directed to execute appropriate negotiable Bonds and to affix the seal of the City thereto and <br />to deliver the Bonds to the purchaser thereof upon payment of the purchase price. The manner of <br />execution and affixation of the seal may be by facsimile, provided, however, that if the <br />signatures of the City Manager and the Clerk are both by facsimile, the Bonds shall not be valid <br />until signed at the foot thereof by the manual signature of the Bond Registrar. <br /> <br /> 8. CUSIP Numbers. The Bonds shall have CUSIP identification numbers printed <br /> <br />thereon. No such number shall constitute a part of the contract evidenced by the Bond on which <br />it is imprinted and no liability shall attach to the City, or any of its officers or agents by reason of <br />such numbers or any use made of such numbers, including any use by the City and any officer or <br />agent of the City, by reason of any inaccuracy, error or omission with respect to such numbers. <br /> <br /> 9. Registration, Transfer and Exchange. Upon surrender for transfer or exchange of <br /> <br />any Bond at the principal office of the Bond Registrar, the City shall execute and deliver and the <br />Bond Registrar shall authenticate in the name of the transferee or transferees a new Bond or <br />Bonds of any author/zed denomination in an aggregate pnncipal amount equal to the Bond <br /> <br />-5- <br /> <br /> <br />
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