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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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� � I � <br /> � 1 <br /> � � 1 <br /> Bonds that they be able to obtain certificated Bonds, the City shall notify DTC and DTC <br /> Participants of the availability through DTC of Bond certificates and the Bonds shall no longer <br /> be restricted to being registered in the Bond Register in the name of Cede, as nominee of DTC. <br /> At the time, the City may determine that the Bonds shall be registered in the name of and <br /> deposited with such other depository operating a global book-entry system, as may be acceptable <br /> to the City, or such depository's agent or designee, and if the City does not select such alternate I <br /> global book-entry system, then the Bonds may be registered in whatever name or names <br /> registered owners of Bonds transferring or exchanging Bonds shall designate, in accordance with <br /> the provisions of Section 9 hereof. <br /> Notwithstanding any other provision of this Ordinance to the contrary, so long as any <br /> Bond is registered in the name of Cede, as nominee of DTC, all payments with respect to <br /> principal of and interest on such Bond and all notices with respect to such Bond shall be made <br /> and given, respectively, in the manner provided in the Representation Letter. <br /> ___ <br /> >::::;,:::»>:::�>::.;..:.:::>::::::;»»:::;>::>::>::;::>::>::>: <br /> ::`::<::::;::�e��a�i:::;�i�;>:��:�..:>:���ca�aon. The Bonds shall be executed on <br /> >: <br /> > <br /> ;;:.;:.;:.;:.;:.:<.;:.;:.;:.;:.;:.;:.;:.;:.;:<::.;;;::<.;::.;.: :::.::.:;..::.;:.;::.. . :.;:.;;:.;:.;:.>:.;:.;:.;:.;:.;:<.;:.:.:::. <br /> behalf of the City by the manual or facsimile signature of its Mayor and attested by the manual or <br /> facsimile signature of its City Clerk, as they may determine, and shall have impressed or <br /> imprinted thereon the corporate seal or facsimile thereof of the City. In case any such officer <br /> whose signature shall appear on any Bond shall cease to be such of�cer before the delivery of <br /> such Bond, such signature shall nevertheless be valid and sufficient for all purposes, the same as <br /> if such of�cer had remained in office until delivery. All Bonds shall have thereon a certificate of <br /> authentication, substantially in the form hereinafter set forth, duly executed by the Bond <br /> Registrar as authenticating agent of the City and showing the date of authentication. No Bond <br /> shall be valid or obligatory for any purpose or be entitled to any security or benefit under this <br /> Ordinance unless and until such certificate of authentication shall have been duly executed by the <br /> -xiii- <br />
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