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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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Last modified
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 � <br /> 1 � � <br /> shown in the Bond Register or at such other address furnished in writing by such Registered <br /> Owner. The Record Date shall be the 1 st day of the month of the regular or other interest I <br /> payment date occurring on the 15th day of any month and 15 days preceding any interest I <br /> payment date occasioned by the redemption of Bonds on other than the fifteenth day of a month. <br /> The principal of or redemption price due on the Bonds shall be payable in lawful money of the <br /> United States of America upon presentation thereof at the principal corporate trust office of the <br /> Paying Agent in St. Paul, Minnesota, or at a successor Paying Agent and locality. <br /> >::>:.>::>:::::>::>::>::;:>::::>:.;.;:::>:<>::::>:::::.;:.::>::::>:::::::»:>:.;::>:::>:::>::::>::>::;.:<:::>::>:>:»::::::< <br /> >:<:<::::»»::::::>::::::>::>::::>::::>:::<:;:>:::::>::::::>::::::>:::::::::... ;:.;.:. . . . .:.. :.:. .::.: .. ..:. ... ... . . . . <br /> ................::....... <br /> ;;:.::;:;;;�;��;�:;:;:�.��:�,�:::� .;::;:::�:.:St�. The Bonds shall be uutiall issued in <br /> >::::>::::>::::>:<:::>::::>::::>:::::::>::::>::::>::>:::<:>::><::::::<:..::::::::::::::::::::::::::::::::::.: .:..:...::::::::::::::::.�.::::.�:::::::::::. Y <br /> the form of a separate single fully registered Bond for each of the maturities of the Bonds as <br /> provided in Section 4 hereof, and the ownership of each such Bond shall be registered in the <br /> Bond Register in the name of Cede & Co., or any successor thereto ("Cede"), as nominee of <br /> The Depository Trust Company, New York, New York, and its successors and assigns <br /> (`DTC"). All of the outstanding Bonds shall be registered in the Bond Register in the name of <br /> Cede, as nominee of DTC, except as hereinafter provided. The Mayor, Treasurer and Clerk of <br /> the City are hereby authorized to execute and deliver on behalf of the City such letters to or <br /> agreements with DTC and the Bond Registrar as shall be necessary to effectuate such book-entry <br /> system (any such letter or agreement being referred to herein as the "Representation Letter"). <br /> With respect to the Bonds registered in the Bond Register in the name of Cede, as <br /> nominee of DTC, the City and the Bond Registrar shall have no responsibility or obligation to <br /> any broker-dealer, bank or other financial institution for which DTC holds Bonds from time to <br /> time as securities depository (each such broker-dealer, bank or other financial institution being <br /> referred to herein as a "DTC Participant") or to any person on behalf of whom such a DTC <br /> Participant holds an interest in the Bonds. Without limiting the immediately preceding sentence, <br /> the City and the Bond Registrar shall have no responsibility or obligation with respect to (i) the <br /> -xi- <br />
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