Minutes 10/01/1985 - Laserfiche WebLink

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October l~ 1985 month period or fraction thereof between the date fixed for redemption and the stated maturity date of such Bond. If any Bond (or any portion of the principal amount thereof in installments of $5,000) shall be called for redemption, notice of the redemption thereof, specifying the date, number and maturity of such Bond, the date and place or places fixed for its ~edemption, the premium, if any, payable upon such redemption, and if less than the entire principal amount of ~such Bond is to be redeemed, that such Bond must be surrendered in exchange for the principal amount thereof to be redeemed and, a new Bond or Bonds issued equalIing in principal amount that portion of the principal amount thereof not to be redeemed, shall be mailed not less than thirty (30) days prior to the date fixed for redemption by first class mail to the registered holder of such Bond at his address as it appears on the books of registry kept by Bank of Virginia Trust Company~ in the City of Richmond, Virginia, the Registrar for the Bonds (the "Registrar"), as of the cIose of business on the forty-fifth (45th) day preceding the date fixed for redemption. If notice of the redemption of any Bond shall have been given as aforesaid, and payment of the principal amount of~such Bond (or the portion of the principal amount thereof to be redeemed) and of the accrued interest and premium, if any, payable upon such redemption shall have been duly made or provided for, interest on such Bond shall cease from and after the date so specified for the redemption thereof. 2. The principal of and premium, if any, and interest on the Bonds shall be payable in such coin or currency of the United States of America as at the respective dates of payment is legal tender for public and private debts. The principal of and premium, if any, on the Bonds shall be payable at the principal office of the Registrar. The interest on the Bonds shall be paid by check mailed by the Registrar to the holders of record of the Bonds as of the fifteenth (15th) day of the calendar month next preceding each interest payment date. At all times during which any Bond remains outstanding and unpaid, the Registrar shall keep or cause to be kept at its principal office books of registry for the registration, exchange and transfer of the Bonds. Upon presentation at its principal office for such purpose, the Registrar, under such reasonable regulations as it may prescribe, shall register, exchanqe, transfer, or cause tQ be registered, exchanged or t~a~sferred,~ on the books of ~egistry the Bonds as herein set forth. The books of for inspection by officer thereof. registry shall at all times be open the City or any duly authorized Any Bond may be exchanged at the principal office of the Registrar for a like aggregate principal amount of such Bonds in other authorized principal amounts of the same interest rate and maturity. Any Bond may, in accordance with its terms, be transferred upon the book of registry by the person in whose name it is registered, in person or by his duly authorized agent, upon surrender of such Bond to the Registrar for cancellation, accompanied by a written instrument of transfer duly executed by the registered holder in person or his duly authorized agent, in form satisfactory to the Registrar. Ail transfers or exchanges of Bonds shall be made without expense to the holder of such Bonds, except as otherwis~ herein provided, and except that the Registrar shall require the payment by the holder of the Bond requesting s'uch transfer or exchange of any tax or other governmental charges required to be paid with respect t.o such transfer or exchange. Ali Bonds surrendered for ~ansfer or .exckan~e.sha~l be ~ancelled