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uddr;,~~ °r^«a:«° «°°a° c property in the County for: the preservation of coastal areas,
<br /> open space, cultural and historic sites, recreation areas, and natural resources; and the provision
<br /> of public access to the ocean, mountains, recreation, hunting and gathering areas. The County
<br /> Council has determined that acquisition of such property is in the best interests of the County.
<br /> [
<br /> lands.]
<br /> Section [3J 2_ Authorization of I3onds. There are hereby authorized for issuance and sale
<br /> Bonds of the County in a principal amount not to exceed $10,000,000 in the aggregate, the
<br /> proceeds derived from the sale of which shall be used and expended by the County to pay all or a
<br /> part of the costs of the authorized public acquisitions referred to in Section [ 14] ]hereof and al l
<br /> or a part of the costs incurred by the County in connection with the issuance of the Bonds. In
<br /> selecting property to be acquired, priority shall be liven to coastal lands.
<br /> Sections 4, 5, 6 are renumbered 3, 4, 5.
<br /> Section 6. Execution and Form of Full~gistered Bonds. The Bonds of a series shall be
<br /> lithographed, steel engraved, typewritten, printed or in other reproduced form as the Director of
<br /> Finance may determine. The Bonds of a series shall bear the [lithographed or engraved] manual
<br /> or facsimile signatures of the Director of Finance and of the Mayor of the County [^«a~,a-~~
<br /> ,.F ° °«a ««,..:,,°a F;.«r"°..' and the seal of the County or a facsimile thereof shall
<br /> be affixed to or printed on such Bonds; provided however, the Director of Finance may provide
<br /> for the Bonds of a series to be issued in and effect abook-entry system for such bonds. The
<br /> Director of Finance may prepare such number of blank Bonds of any series executed and sealed
<br /> as aforesaid as he shall determine and deliver such executed blank bonds to the registrar for such
<br /> series for safekeeping prior to the time such Bonds are actually issued, exchanged or transferred.
<br /> The Director of Finance shall direct the registrar for the Bonds of a series to register and
<br /> authenticate such Bonds and no such Bond shall be valid or obligatory for any purpose unless
<br /> and until the certificate of authentication endorsed on such Bond shall have been manually
<br /> executed by such registrar.
<br /> Sections 8, 9, 10, 11, 12, 13 are renumbered 7, 8, 9, 10, 11, 12
<br /> fC°,.r:,.« t A A..rl.,.«:.-...ti..« ,.F D«....°°A.. f,.« D..1.1:,. T«. ^-~r~ ~T'"^ ^«^c°c°cas-frvm-in2
<br /> ,.Fei n nnn nnn .."^ii ..^°a ~ «r"° ..,.i° r"° F
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<br /> .°r..,.«..o~. 0«.7 r},° ..f «..1.1:,. r,. rT.° «r..:«^ «°,.«°„r:..« "««r:«,..,«.7
<br /> Sections 15, 16, 17 are renumbered l 3, 14, 15.
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<br /> Att.
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