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ORD 1997-045 1996-1998
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ORD 1997-045 1996-1998
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Last modified
5/12/2008 12:08:43 AM
Creation date
5/10/2008 8:20:25 PM
Metadata
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Template:
Ordinances
Ordinances - Type
ORD
Ordinances - Council Term
1996-1998
Year
1997
Ordinance
045
Effective Date
3/13/1997
Document Relationships
BIL 032 Draft 01 1996-1998
(Related)
Path:
\Council Records\Bills\1996-1998
COM 0087.000 1996-1998
(Related)
Path:
\Council Records\Communications\1996-1998
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series and price or prices and the time or times and terms and <br /> conditions upon which those rights may be exercised and the pur~~hase <br /> <br /> may be made; and all other details of such series of Bonds. <br /> SECTION 9. Redemption of Bonds. In the event any of the Bends <br /> shall be subject to prior redemption and if any Bond (or portion <br /> thereof in installments which are integral multiples of the smallest <br /> denomination thereof) is to be redeemed, notice of redemption stall <br /> be given in such manner as the Director of Finance shall determine. <br /> If any Bond shall have been duly called for redemption and noti~;e of <br /> such redemption duly given in the manner determined by the Dire~:tor <br /> of Finance, and if moneys for the payment of such Bond at the Mien <br /> applicable redemption price and the interest accrued on the <br /> principal amount thereof to the date of redemption are made or duly <br /> provided for by the County, interest on such Bond shall cease t~~ <br /> accrue and become payable from and after the date fixed for <br /> redemption. <br /> SECTION 5. Payment of Bonds. The principal of and interest and <br /> premium, if any, on the bonds shall be payable in any coin or <br /> currency of the United States of America which at the time of <br /> payment is legal tender for public and private debts. <br /> SECTION 6. Execution and Form of Fully Registered Bonds. 'Che <br /> Bonds shall be lithographed or steel engraved, shall bear the <br /> lithographed or engraved facsimile signatures of the Director of <br /> Finance and of the Mayor of the County and shall be sealed with the <br /> seal or a lithographed or engraved facsimile seal of the County; <br /> provided, however, the Director of Finance may, at his election, <br /> provide for manual signatures on the Bonds; and provided further, <br /> however, that the Director of Finance may, at his election, pro~~ide <br /> for the Bonds to be issued in typewritten, printed or other <br /> reproduced form and effect a book-entry system for the Bonds. 'che <br /> Director of Finance may, at his election, prepare such number of <br /> blank Bonds of any series executed and sealed as aforesaid as hs <br /> shall determine and deliver such executed blank Bonds to the <br /> -4- <br /> <br />
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