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95-77 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS
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95-77 PROVIDING FOR THE ISSUANCE OF GENERAL OBLIGATION REFUNDING BONDS
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Last modified
3/24/2016 8:25:05 AM
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3/24/2016 8:25:02 AM
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Resolution/Ordinance
Res Ord Num
95-77
Res Ord Title
PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED $10,000,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1995, AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST
Approved Date
12/18/1995
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� � s <br /> � � <br /> The Bond Registrar shall promptly notify the City and the Paying Agent in writing of <br /> the Bonds or portions of Bonds selected for redemption and, in the case of any Bond selected <br /> for partial redemption, the principal amount thereof to be redeemed. <br /> Unless waived by the registered owner of Bonds to be redeemed, official notice of any <br /> such redemption shall be given by the Bond Registrar on behalf of the City by mailing the <br /> redemption notice by registered or certified mail not less than 30 days and not more than 60 <br /> days prior to the date fixed for redemption to each registered owner of the Bond or Bonds <br /> to be redeemed at the address shown on the Bond Register or at such other address as is <br /> furnished in writing by such registered owner to the Bond Registrar. <br /> All official notices of redemption shall include the full name of the Bonds to be <br /> redeemed and at least the information as follows: <br /> (a) the redemption date; <br /> (b) the redemption price; <br /> (c) if less than all of the outstanding Bonds of a particular maturity aze to be <br /> redeemed, the identification (and, in the case of partial redemption of Bonds within <br /> such maturity, the respective principal amounts) of the Bonds to be redeemed; <br /> (d) a statement that on the redemption date the redemption price will become <br /> due and payable upon each such Bond or portion thereof called for redemption and <br /> that interest thereon shall cease to accrue from and after said date; and <br /> (e) the place where such Bonds are to be surrendered for payment of the <br /> redemption price, which place of payment shall be the principal corporate trust office <br /> of the Paying Agent. <br /> -10- <br />
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