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6095 PROVIDING FOR THE ACQUISITION BY THE CITY OF AN INDUSTRIAL PROJECT WITHIN THE CITY (DEBRON PROJECT)
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6095 PROVIDING FOR THE ACQUISITION BY THE CITY OF AN INDUSTRIAL PROJECT WITHIN THE CITY (DEBRON PROJECT)
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10/10/2016 4:33:12 PM
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10/10/2016 4:33:11 PM
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Resolution/Ordinance
Res Ord Num
6095
Res Ord Title
PROVIDING FOR THE ACQUISITION BY THE CITY OF AN INDUSTRIAL PROJECT WITHIN THE CITY AND THE LEASING OF THE SAME TO AN INDUSTRIAL CONCERN ... $1,000,000 PRINCIPAL AMOUNT OF INDUSTRIAL PROJECT REVENUE BONDS (DEBRON PROJECT)
Approved Date
6/23/1975
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6 <br /> to the whole or any part of the project, (a) any other monoys de- <br /> rived by or accruing to the City from the said project, and (vi) <br /> any moneys arising out of the investment or reinvest�ent of said <br /> proceeds, rents, revenues or moneys. <br /> Section 5. Each of the bo�ls shall be executed on behalf of <br /> th�e City by its Mayor and attested by its City Clerk, shall have <br /> the corporate seal of the City impressed thereon and shall be authen- <br /> ticated by the endorsement of the Trustee under the Indenture. In- <br /> terest coupons attached to the bonds shall be executed with the fac- <br /> simile signatures of said Mayor and City Clerk, which facsimile sig- <br /> natures sha11 have the same force and effect as if said officers had <br /> marn�ally signed each of said coupons. <br /> The b�ds shall be ful].y r�egotiable but shall be registrable as <br /> to pYincipal, or as to both principal and interest in accordance <br /> with the provisions specifie d in the foxm of bond set out in the In- <br /> denture. <br /> Section 6. The bonds and the coupons to be attached thereto and <br /> the Trustee 's endorsement and the registration provisi m to appear on <br /> the reverse side of each bond shall be in s ubstantially the forms set <br /> forth in the Indenture, with necessary or appropriate variations, <br /> omissions, and insertions as permitted or required by the Indenture. <br />
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