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2007-78 PROVIDING FOR THE ISSUANCE TAXABLE GENERAL OBLIGATION NOTES, SERIES 2007
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2007-78 PROVIDING FOR THE ISSUANCE TAXABLE GENERAL OBLIGATION NOTES, SERIES 2007
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Last modified
10/19/2015 9:52:23 AM
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10/19/2015 9:52:21 AM
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Resolution/Ordinance
Res Ord Num
2007-78
Res Ord Title
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED $7,250,000 TAXABLE GENERAL OBLIGATION NOTES, SERIES 2007
Department
Finance
Approved Date
10/5/2007
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Depository, as may be acceptable to the City, or such Depository's a ent or designee, but if the <br /> City does not select such Depository, then the Notes shall be regist red in whatever name or <br /> names registered owners of Notes transferring or exchanging otes shall designate, in <br /> accordance with the provisions hereof. <br /> Section 6. Executiori; Aitthentication. The Notes shall be xecuted on behalf of the <br /> City by the manual or facsimile signature of the Mayor, and attested y the manual or facsimile <br /> signature of its City Clerk, as they may determine, and shall have imp ssed or imprinted thereon <br /> the corporate seal or facsimile thereof of the City. In case any such of icer whose signature shall <br /> appear on any Note shall cease to be such officer before the delivery o such Note, such signature <br /> shall nevertheless be valid and sufficient for all purposes, the sa e as if such officer had <br /> remained in office until delivery. All Notes shall have thereon a c tificate of authentication, <br /> substantially in the form hereinafter set forth, duly executed b the Note Registrar as <br /> authenticating agent of the City and showing the date of authenticatio . No Note shall be valid <br /> or obligatory for any purpose or be entitled to any security or benefit u der this Ordinance unless <br /> and until such certificate of authentication shall have been duly exec ted by the Note Registrar <br /> by manual signature, and such certificate of authentication upon any such Note shall be <br /> conclusive evidence that such Note has been authenticated and deliv red under this Ordinance. <br /> The certificate of authentication on any Note shall be deemed to h ve been executed by it if <br /> signed by an authorized officer of the Note Registrar, but it shall not e necessary that the same <br /> officer sign the certificate of authentication on all of the Notes issued h reunder. <br /> Section 7. Optional Redemption. The Notes shall be sub'ect to redemption at the <br /> option of the City on any date on or after December 15, 2009, from an available funds, in whole <br /> or in part, and if in part, in integral multiples of$5,000, selected by 1 t by the Note Registrar as <br /> -7- <br />
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