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91-58 PROVIDING FOR THE ISSUE OF GENERAL OBLIGATION BONDS, SERIES 1991
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91-58 PROVIDING FOR THE ISSUE OF GENERAL OBLIGATION BONDS, SERIES 1991
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8/22/2016 2:16:19 PM
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8/22/2016 2:16:16 PM
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Resolution/Ordinance
Res Ord Num
91-58
Res Ord Title
PROVIDING FOR THE ISSUE OF GENERAL OBLIGATION BONDS, SERIES 1991,...AND FOR THE LEVY AND COLLECTION OF A DIRECTION ANNUAL TAX SUFFICIENT TO PAY THE COMPOUND ACCRETED VALUE OF, PRINCIPAL OF AND INTEREST ON SAID BONDS...
Approved Date
8/19/1991
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agreements with Midwest and the Bond Registrar as shall be <br /> necessary to effectuate such book-entry system (any such letter <br /> or agreement being referred to herein as the "Representation <br /> Letter" ) . � <br /> With respect to Book-Entry Bonds, the City and the Bond <br /> Registrar shall have no responsibility or obligation to any ' <br /> broker-dealer, bank or other financial institution for which <br /> Midwest holds Bonds from time to time as securities depositary <br /> (each such broker-dealer, bank or other financial institution <br /> being referred to herein as a "Midwest Participant" ) or to any <br /> person on behalf of whom such a Midwest Participant holds an <br /> interest in the Book-Entry Bonds. Without limiting the imme- <br /> diately preceding sentence, the City and the Bond Registrar shall <br /> have no responsibility or obligation with respect to ( i ) the , <br /> accuracy of the records of Midwest, Kray or any Midwest Partici- , <br /> pant with respect to any ownership interest in the Book-Entry <br /> Bonds, ( ii ) the delivery to any Midwest Participant or any other <br /> person, other than a registered owner of a Book-Entry Bond as <br /> shown in the Bond Register, of any notice with respect to the <br /> Book-Entry Bonds, �ncluding any notice of redemption, or ( iii ) <br /> the payment to any Midwest Participant or any other person, other <br /> than a registered owner of a Book-Entry Bond as shown in the Bond <br /> Register, of any amount with respect to Compound Accreted Value <br /> of, principal of or interest on, the Book-Entry Bonds. The City <br /> and the Bond Registrar may treat and consider the person in whose <br /> -10- <br />
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