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2005-88 PROVIDING FOR THE ISSUANCE GENERAL OBLIGATION REFUNDING BONDS
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2005-88 PROVIDING FOR THE ISSUANCE GENERAL OBLIGATION REFUNDING BONDS
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12/4/2015 11:13:36 AM
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12/4/2015 11:13:31 AM
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Resolution/Ordinance
Res Ord Num
2005-88
Res Ord Title
PROVIDING FOR THE ISSUANCE OF $4,705,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2005
Approved Date
10/17/2005
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1 � 1 <br /> "Paying Agent"). Payment of interest shall be made to the Registered Owner hereof as shown <br /> on the registration books of the City maintained by U.S. Bank National Association, in the City <br /> of St. Paul, Minnesota, as bond registrar (the "Bond Registrar"), at the close of business on the <br /> applicable Record Date (the "Record Date"). The Record Date shall be the 1 st day of the <br /> month of any regular or other interest payment date occurring on the 15th day of any month and <br /> 15 days preceding any interest payment date occasioned by the redemption of Bonds on other <br /> than 1 Sth day of a month. Interest shall be paid by check or draft of the Paying Agent, payable <br /> upon presentation in lawful money of the United States of America, mailed to the address of such <br /> Registered Owner as it appears on such registration books or at such other address furnished in <br /> writing by such Registered Owner to the Bond Registrar. <br /> Reference is hereby made to the further provisions of this Bond set forth on the reverse <br /> hereof, and such further provisions shall for all purposes have the same effect as if set forth at <br /> this place. , <br /> It is hereby certified and recited that all conditions, acts and things required by the I'� <br /> Constitution and Laws of the State of Illinois to exist or to be done precedent to and in the <br /> issuance of this Bond, including the authorizing Act, have elcisted and have been properly done, <br /> happened and been performed in regular and due form and time as required by law; that the <br /> indebtedness of the City, represented by the Bonds, and including all other indebtedness of the <br /> City, howsoever evidenced or incurred, does not exceed any constitutional or statutory or other <br /> lawful limitation; and that provision has been made for the collection of a direct annual tax, in <br /> addition to all other taxes, on all of the taxable property in the City sufficient to pay the interest <br /> hereon as the same falls due and also to pay and discharge the principal hereof at maturity. <br /> This Bond shall not be valid or become obligatory for any purpose until the certificate of <br /> authentication hereon sha11 have been signed by the Bond Registrar. <br /> -xxi- <br />
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