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2008-99 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS
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2008-99 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS
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Last modified
10/16/2015 9:52:59 AM
Creation date
10/16/2015 9:52:56 AM
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Resolution/Ordinance
Res Ord Num
2008-99
Res Ord Title
PROVINDING FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES 2008
Department
Finance
Approved Date
12/15/2008
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, <br /> This Bond may be transferred or exchanged, but only in the manner, subject to the <br /> limitations, and upon payment of the charges as set forth in the Ordinance. Upon surrender for <br /> transfer or exchange of this Bond at the principal office maintained for the purpose by the Bond <br /> Registrar in Chicago, Illinois, duly endorsed by or accompanied by a written instrument or <br /> instruments of transfer or exchange in form satisfactory to the Bond Registrar and duly executed <br /> by the Registered Owner or an attorney for such owner duly authorized in writing, the City shall <br /> execute and the Bond Registrar shall authenticate, date and deliver in the name of the transferee <br /> or transferees or, in the case of an exchange, the Registered Owner, a new fully registered Bond <br /> or Bonds of like tenor, of the same maturity, bearing the same interest rate, of authorized <br /> denominations, for a like aggregate principal amount. <br /> The Bond Registrar shall not be required to transfer or exchange any Bond during the <br /> period of 15 days preceding the giving of notice of redemption of Bonds or to transfer or <br /> exchange any Bond all or a portion of which has been called for redemption. <br /> Bonds of the issue of which this Bond is one maturing on and after December 15, 2018, <br /> are subject to redemption prior to maturity at the option of the City as a whole, or in part in <br /> integral multiples of$5,000 in any order of their maturity as determined by the City (less than all <br /> the Bonds of a single maturity to be selected by lot by the Bond Registrar), on December 15, <br /> 2017, and on any date thereafter, at the redemption price of par plus accrued interest to the <br /> redemption date. <br /> Notice of any such redemption shall be sent by first class mai� not less than thirty (30) <br /> days nor more than sixty (60) days prior to the date fixed for redemption to the registered owner '� <br /> of each Bond to be redeemed at the address shown on the registration books of the City <br /> maintained by the Bond Registrar or at such other address as is furnished in writing by such <br /> registered owner to the Bond Registrar. When so called for redemption, this Bond will cease to <br /> -23- <br />
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