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2006 Ordinances
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2006 Ordinances
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Last modified
5/8/2007 1:22:57 PM
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3/13/2006 8:54:41 AM
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<br />13unds and the 0)otes as such officer or oftieers may determine to be in the best interest of the <br /> <br />Citv. <br /> <br />Nutwithstanding anything to the contrary herein, by 5:00pm on the date prior to the sale <br /> <br />date of the Bonds or the Notes identified in the official notice of sale for the Bonds or Notes, as <br /> <br />appropriate. if either no underwriter or only one underwriter has advised of its intention to bid on <br /> <br />any series of the Bonds or the Notes, the City Manager and the Chief Financial Officer, or either <br /> <br />llf them. after consultation with the City's financial advisor and the City's bond counsel, is <br /> <br />authorized to remove such series of Bonds or Notes, as applicable, from the bidding process and <br /> <br />to pursue a negotiated sale for such series of Bonds or Notes, as appropriate. <br /> <br />-t. Form llf Bonds and the Notes. The Bonds and the Notes shall be in substantially <br /> <br />the Irmns attclehed to this Ordinance as Exhibits A. Band C, respectively. with such appropriate <br /> <br />variatillns. omissillns and insertions as are permitted or required by this Ordinance. There may <br /> <br />be endorsed lln the Bonds or the Notes such legend or text as may be necessary or appropriate to <br /> <br />conform to any applicable rules and regulations of any governmental authority or any usage or <br /> <br />requirement of law with respect thereto. <br /> <br />5. Book-Entrv-Onlv Form. The Bonds and the Notes shall be issued in book-entry- <br /> <br />only form. The Bonds and the Notes shall be issued in fully-registered form and registered in the <br /> <br />name llf Cede & Co., as nominee of The Depository Trust Company, New York, New York <br /> <br />("DTe") as registered owner of the Bonds and the Notes, and immobilized in the custody of <br /> <br />DTC. One fully-registered Bond in typewritten or printed form for the principal amount of each <br /> <br />maturity of the Bonds and one fully registered Note shall be registered to Cede & Co. Benelicial <br /> <br />llwners nf the Bonds llr (he Notes shall not receive physical delivery llf the Bonds nr the Notes, <br /> <br />-6- <br />
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