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Agenda - Council - 12/19/2000
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Agenda - Council - 12/19/2000
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9/8/2003 2:32:26 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/19/2000
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-80- <br /> <br />City may be a printed (or, at the request of the Purchaser, photocopied) facsimile; and provided <br />fi.~rther that both of such signatures may be printed (or, at the request of the Purchaser, <br />photocopied) t'acsimiles and the corporate seal may be omitted on the Bonds as permitted by law. <br />In the event of disability or resignation or other absence of either such officer, tlte Bonds may be <br />signed bY the manual or facsimile s~g-nature of that officer who may act on behalf of such absent <br />or disabled officer. In case either such officer whose signature or facsimile of whose sigTmture <br />shall appear on the Bonds shall cease to be such officer before the delivery of the Bonds, such <br />signature or facsimile shall nevertheless be valid and sufficient for ali purposes, the same as if he <br />or she had re~nained in office until delivery. The City may elect to deliver, in lieu of printed <br />definitive bonds, one or more typewritten temporary bonds in substantially the form set forth <br />above, with such changes as may be necessary to reflect more than one maturity,in a single <br />temporary bond. Such temporary bonds may be executed with Photocopied facsimile signatures <br />of the Mayor and Administrator. Such temporary bonds shall, upon the printing of the definitive <br />bonds and the execution thereof, be exchanged therefor and canceled. <br /> <br /> 9. Authentication. No Bond shall be valid or obligatory for any purpose or be <br />entitled to any security or benefit under this resolution unless a Certificate of Authentication on <br />such Bond, substantially in the form hereinabove set forth, shall have been duly executed by an <br />authorized representative of the Bond Registrar. Certificates of Authentication on different . <br />Bonds need not be signed by the same person. The Bond Registrar shall attthenticate the <br />si~matures of officers of the City on each Bond by execution of the Certificate of Authentication <br />on the Bond and by inserting as the date of registration in the space provided the date on which <br />the Bond is authenticated, except that for purposes of delivering the original Bonds to the <br />Purchaser, the Bond Registrar shall insert as a date of registration the date of original issue, <br />which date is January 1, 2001. The Certificate of Authentication so executed on each Bond shall <br />be conclusive evidence that it has been authenticated and delivered under this resolution. <br /> <br /> 10. Registration: Transfer; Exchange. The City. will cause to be kept at the principal <br />office of the Bond Registrar a bond register in which, subject to such reasonable regulations as <br />the Bond Registrar may prescribe, the Bond Registrar shall provide for the registration of Bonds <br />and the registration of transfers of Bonds entitled to be registered or transferred as herein <br />provided. <br /> <br /> Upon surrender for transfer of any Bond at the principal office of the Bond Registrar, the <br />City shall execute (if necessary), and the Bond Registrar shall authenticate, insert the date of <br />registration (as provided in paragraph 9) of, and deliver, in the name of the designated transferee <br />or transferees, one or more new Bonds of any Authorized Denomination or Denominations of a <br />like aggregate principal amount, having the same stated maturity and interest rate, as requested <br />by the transferor; provided, however, that no Bond may be re~stered in blank or in the name of <br />"bearer" or similar designation. <br /> <br /> At the option of the Holder, Bonds may be exchanged for Bonds of any Authorized <br />Denomination or Denominations of a like aggegate principal amount and stated maturity~ upon <br /> <br />15 <br /> <br />1237935.1 <br /> <br />I' <br /> i <br /> I <br /> I <br /> I <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />
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