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6094 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975
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6094 PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975
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10/10/2016 4:35:12 PM
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Resolution/Ordinance
Res Ord Num
6094
Res Ord Title
PROVIDING FOR BORROWING MONEY AND AUTHORIZING THE ISSUANCE OF $6,400,000 SURFACE WATER DRAINAGE SYSTEM BONDS, SERIES OF 1975...
Approved Date
6/23/1975
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. 7 <br /> The bonds shall be signed by the Mayor of said City, shall <br /> be sealed with the corporate seal thexeof, and be attested by the <br /> City Clerk, and the interest coupons evidencing the interest becoming <br /> due and payable on said bonds shall be executed with the facsimile <br /> signature� of said Mayor and said City Clerk, �hich said off3cials, <br /> bq the execution of said bonds, shall adopt as and for theiY own <br /> proper signatures their respective facsimile signatures appearing on <br /> each of said interest cwpon�. <br /> Section 2. That the bonds hereby authoriaed shall be pay- <br /> able to bearer, provided, ho�rever, tbat such bonds �ay be subject to <br /> registYation a� to principal in the name of the holder on the boolcs <br /> of the City Treasurer, such registration to be evidenced by notation <br /> of said City Treasurer upoa the back of each bond so registered. After <br /> such registxation of any of said Iwnds, payme�t of the principal there- <br /> of shall be made only to the Y�gistexed ov�er. Any bond so registered, <br /> upon the request in writing of such or�me r, personally or by attoxney in <br /> fact, may be transferred either to a designated transferee or to bearer <br /> and the principal of any bond so tzansferxed and registwred to beaxer <br /> shall thereupon be and bea�me payable to bearer in li.ks manner a� if <br /> such bond had not been registered. Such registration of any bond� as to <br /> principal shall not, how�ever, restrain the negotiabilitq of the couperas <br /> thereto attached but such coupons �hall continue transferable by delivery <br /> merely. <br /> Section 3. That the bo�ds, coupons and provisicns for registra- <br /> tion sha11 be in substantially the following forms <br />
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