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2016 ORDINANCES
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2016 ORDINANCES
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Last modified
12/16/2016 2:36:45 PM
Creation date
1/27/2016 10:29:00 AM
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Ord/Resolutions
Year
2016
Ord/Resolutions - Type
Ordinances
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to deliver the Bonds to the purchaser thereof upon payment of the purchase price. The City <br />Manager or the Clerk, or both, may execute and affix the seal, as applicable, by facsimile, <br />provided, however, that if the signatures of the City Manager and the Clerk are both by <br />facsimile, the Bonds shall not be valid until signed at the foot thereof by the manual signature of <br />the Registrar. <br />9. CUSIP Numbers. The Bonds sold to the public shall have CUSIP identification <br />numbers printed thereon. No such number shall constitute a part of the contract evidenced by the <br />Bond on which it is imprinted and no liability shall attach to the City, or any of its officers or <br />agents by reason of such numbers or any use made of such numbers, including any use by the <br />City and any officer or agent of the City, by reason of any inaccuracy, error or omission with <br />respect to such numbers. <br />10. Registration, Transfer and Exchange. Upon surrender for transfer or exchange of <br />any Bond at the principal office of the Registrar, the City shall execute and deliver and the <br />Registrar shall authenticate in the name of the transferee or transferees a new Bond or Bonds of <br />any authorized denomination in an aggregate principal amount equal to the Bond surrendered <br />and of the same form and maturity and bearing interest at the same rate as the Bond surrendered, <br />subject in each case to such reasonable regulations as the City and the Registrar may prescribe. <br />All Bonds presented for transfer or exchange shall be accompanied by a written instrument or <br />instruments of transfer or authorization for exchange, in form and substance reasonably <br />satisfactory to the City and the Registrar, duly executed by the registered owner or by his or her <br />duly authorized attorney-in-fact or legal representative. No Bond may be registered to bearer. <br />
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