Laserfiche WebLink
SECTION 4. Redemption of Bonds. In the event any of the Bonds shall be <br /> subject to prior redemption and if any Bond (or portion thereof in installments which are integral <br /> multiples of the smallest denomination thereof) is to be redeemed, notice of redemption shall be <br /> given in such manner as the Director of Finance shall determine. If any Bond shall have been duly <br /> called for redemption and notice of such redemption duly given in the manner determined by the <br /> Director of Finance, and if moneys for the payment of such Bond at the then applicable <br /> redemption price and the interest accrued on the principal amount thereof to the date of <br /> redemption are made or duly provided for by the County, interest on such Bond shall cease to <br /> accrue and become payable from and after the date fixed for redemption. <br /> SECTION 5. Payment of Bonds. The principal of and interest and premium, if <br /> any, on the Bonds shall be payable in any coin or currency of the United States of America which <br /> at the time of payment is legal tender for public and private debts. <br /> SECTION 6. Execution and Form of Fully Registered Bonds. The Bonds of a <br /> series shall be lithographed, steel engraved, typewritten, printed or in other reproduced form as <br /> the Director of Finance may determine. The Bonds of a series shall bear the manual or facsimile <br /> signatures of the Director of Finance and of the Mayor of the County, and shall also bear the bear <br /> the seal of the County or a facsimile of such seal. The Director of Finance may provide for the <br /> Bonds of a series to be issued in and effect a book-entry system for such Bonds. The Director of <br /> Finance may prepare such number of blank Bonds of any series executed and sealed as aforesaid <br /> as he shall determine and deliver such executed blank Bonds to the registrar for such series for <br /> safekeeping prior to the time such Bonds are actually issued, exchanged or transferred. The <br /> Director of Finance shall direct the registrar for the Bonds of a series to register and authenticate <br /> such Bonds and no such Bond shall be valid or obligatory for any purpose unless and until the <br /> certificate of authentication endorsed on such Bond shall have been manually executed by such <br /> registrar; provided that a certificate of authentication shall not be required for any Bond if the <br /> Director of Finance is the registrar and if such Director has manually signed the Bond in <br /> question. <br /> The Bonds of a series shall be designated and the form of such Bonds, including <br /> the registrar's certificate of authentication(if required) and the assignment, shall be substantially <br />