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HomeMy WebLinkAbout1988 049 CC RESO1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö  1988 049 CC RESO8f;¢fö  1988 049 CC RESO8f;¢fö  1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö  1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö 1988 049 CC RESO8f;¢fö »ELH/RES6911 Section 23. Section 24. Section 25. Section 26. Section 27. Section 28. Section 29. Section 30. Section 31. Section 32. Section 33. Section 34. Partial Invalidity........................ 17 Liberal Construction...................... 17 No Arbitrage.............................. 17 Authority to Consummate Transaction....... 17 Fiscal Agent.............................. 17 Appointment of Fiscal Agent............... 18 Limited Liability......................... 18 Amendment of Resolution................... 18 Payments Due on Sundays and Holidays...... 19 Captions and Headings 19 Ratification of Proceedings............... 19 Effective Date............................ 19 EXHIBIT A. Maturity Schedule EXHIBIT B. Form of Bond ll BIB] 37845-U01 1988-U02 049-U02 CC-U02 RESO-U02 LI3-U03 FO2126-U03 FO20274-U03 DO20472-U03 C6-U03 RESO-U03 8/11/2003-U04 ROBIN-U04 »ELH/RES6911 i which the first Bond is selected/ in order to provider insofar as possible, for the proportionate selection of Bonds redeemed from each annual series of Bonds. b) Notice of Redemption. Notice of redemption shall be given by personal service or or registered or certified mail, not less than thirty 30) days prior to the redemption date to the registered owner of each such Bond as such person's name and address appear on the Bond Register, but failure to give such notice, or any defect in any notice so given, shall not, except as to the holder of a Bond to whom notice was not given or except as to the holder of a Bond as to whom notice was materially defective, affect the validity of the redemption of any of the Bonds. The notice of redemption shall 1) state the redemption date; 2) state the redemption price; 3) state the numbers and dates of maturity of the Bonds to be redeemed; provided, however, that whenever any notice of redemption includes all of the outstanding Bonds, the number of the Bonds need not be stated? 4) state, as to any Bonds redeemed in part only, the Bond numbers and the principal portion thereof to be redeemed; and 5) state that the interest on the principal portion of the Bonds so designated for redemption shall cease to accrue from and after such redemption date and that on said date there shall become due and payable on each of such Bonds the redemption price thereof. c) Partial Redemption of Bonds. Upon surrender of any Bond redeemed in part only, the City shall execute and the Treasurer shall authenticate and deliver to the registered owner thereof, at the expense of the City, a new Bond or Bonds of authorized denominations equal in aggregate principal amount to the unredeemed portion of the Bond surrendered and of the same interest rate and same maturity. d) Effect of Redemption. Notice of redemption having been duly given as aforesaid, and moneys for payment of the principal of, and interest payable upon redemption of the Bonds being set aside, the Bonds, or parts thereof, as the case may be, so called for redemption shall, on the redemption date, become due and payable at the redemption price specified in such notice, and the interest on the Bonds, or parts thereof, as the case may be, so called for redemption shall cease to accrue, and said Bonds, or parts thereof, as the case may be, shall cease to be entitled to any benefit under this Resolution, and the owners of said Bonds shall have 12- i BIB] 37845-U01 1988-U02 049-U02 CC-U02 RESO-U02 LI3-U03 FO2126-U03 FO20274-U03 DO20472-U03 C6-U03 RESO-U03 8/11/2003-U04 ROBIN-U04