Minutes 09/27/1977 - Laserfiche WebLink

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293 Bep~emhe~27, 1977 City by publication of such notice once in a newspaper printed in the English language and customarily published on each business day and of general circulation in the City and once in at least one newspaper or financial publication printed in the English language and arily published on each business day in the City of New York, New York, the date of publica' of such notice in each case to be at least thirty days prior to the date fixed for redemption.! If this bond is then registered as to principal only or as to both principal and interest, notice of the redemption hereof shall be mailed not less than thirty days prior to the date fixed for redemption by registered mail to the registered owner of this bond at such owner's address as shown on the books of registry; provided, however, that if this bond shall then be registered and notice of redemption is mailed as aforesaid, then notice of the redemption hereof need not be given by publication, and if notice of redemption is given by publication as aforesaid, then if this bond shall then be registered the failure to mail such notice as aforesaid or any defect in any notice so mailed shall not affect the sufficiency of the proceedings for the redemption hereof. If notice of the redemption of this bond shall have been given as aforesaid, and payment of the principal amount of this bond and of the accrued interest and premium, if any, payable upon such redemption shall have been duly made or for, interest hereon shall cease from and after the date so specified for the redemption hereof and any coupons representing such interest shall be void. It is hereby certified, recited and declared that all acts, conditions and things to exist, happen or be performed precedent to and in the issuance of this bond exist, have happened and have been performed in due time, form and manner as required by law. The full faith and credit of the City are hereby irrevocably pledged for the payment of the principal of and interest on this bond. The principal hereof and interest hereon shall be payable from ad valorem taxes without limitation of rate or amount, if the revenues of the aforesaid water and sewerage system are insufficient for that purpose. IN WITNESS WHEREOF, the'City has caused this bond to be executed by the manual or facsimi signatures of its Mayor and City Treasurer and the corporate seal of the City to be impressed or a facsimile thereof imprinted hereon and attested by the manual or facsimile signature of the City Clerk of the City (provided that one of such signatures hereon shall be a manual signature); the coupons pertaining hereto to be executed by the facsimile signature of the said City Treasurer; and this bond to be dated as of the first day of November, 1977. ~SEAL~ Mayor Attest: City Clerk City Treasurer (Form of Coupon) No. $ On the first day of , 19 , unless the bond hereinafter mentioned shall have been duly called for previous redemption and payment of the redemption price duly made or provided for, the City of Portsmouth, Virginia, will pay to bearer upon the presentation and surrender hereof the amount shown hereon in such coin or currency of the United States of America as at the date of payment hereof is legal tender for the payment of public and private debts, at the principal office of The Chase Manhattan Bank (National Association) in the City of New York, New York, being interest then due on its Public Utility Bond, dated as of November 1, 1977 and numbered No. City Treasurer (Form of Provisions for Registration) This bond may be registered as to principal only in the name of the holder on the books of registry to be kept by the Director of Finance of the City of Portsmouth, Virginia, as Registrar, such registration to be noted by the Registrar in the registration blank below. After such registration no transfer hereof shall be effective against the Registrar, the City of Portsmouth and the paying agent for this bond unless made on said books by the regist~ owner or attorney duly authorized and similarly noted hereon, but this bond may be discharged from such registration by heinE transferred to bearer, after which this bond shall be transfe~ by delivery, but this bond may be again registered as before. The registration of this bond as to principal shall not restrain the negotiability by delivery merely of the coupons pertaii.- lng hereto, but the coupons may be surrendered and the interest made payable only to the registered owner, in which event the Registrar shall note in the registration blank below that this bond is registered as to interest as well as to principal. With the consent of the