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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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. <br /> If any Bond, or portion thereof, called for redemption <br /> shall not be so paid upon surrender thereof for redemption, the <br /> principal or Compound Accreted Value, as applicable, shall, until <br /> paid, bear interest from the redemption date at the rate borne by <br /> the Bond, or portion thereof, so called for redemption. All <br /> Bonds which have been redeemed shall be cancelled and destroyed <br /> by the Bond Registrar and shall not be reissued. <br /> Section 5. The Capital Appreciation Bonds and the <br /> Current Interest Bonds shall be prepared in substantially the <br /> following forms unless the text of any Bond is to be printed in <br /> its entirety on the front side of such Bond, then the text shown <br /> or appearing on the reverse side of such form shall replace <br /> paragraph [ 2 � and the legend, "See Reverse Side for Additional <br /> Provisions" , shall be omitted. <br /> -18- <br />
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