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BIL 209 Draft 03 1996-1998
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BIL 209 Draft 03 1996-1998
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Last modified
7/14/2021 11:18:25 AM
Creation date
9/22/2015 1:32:40 PM
Metadata
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Template:
Bill/Resolution
Bill/Resolution - Type
BIL
Bill/Resolution - Council Term
1996-1998
Bill/Resolution
209
Draft
03
Introducer
Aaron S. Y. Chung, Council Member
Referred To
COUNCIL
Action 1
Presented: Council - 12/23/98 Council: Deferred - 12/23/98
Action 2
Council: Public Hearing held at King Kamehameha's Kona Beach Hotel on Bill 209, Draft 3 - 12/30/98
Action 3
Council: Deferred Bill 209, Draft 3 - 01/06/99
Action 4
Council: Deferred Bill 209, Draft 3 and Draft 4 - 3/4/99
Action 5
Council: Amends Bill 209, Draft 3 to Draft 4 - 3/17/99
Document Relationships
COM 0756.003 1996-1998
(Related To)
Path:
\Council Records\Communications\1996-1998
COM 0756.004 1996-1998
(Related To)
Path:
\Council Records\Communications\1996-1998
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J <br />rights may be exercised and the purchase may be made; and all other details of the Bonds of such <br />series. <br />SECTION 4. Redemption of Bonds. In the event any of the Bonds shall be subject to <br />prior redemption and if any Bond (or portion thereof in installments which are integral multiples of <br />the smallest denomination thereof) is to be redeemed, notice of redemption shall be given in such <br />manner as the Director of Finance shall determine. If any Bond shall have been duly called for <br />redemption and notice of such redemption duly given in the manner determined by the Director of <br />Finance, and if moneys for the payment of such Bond at the then applicable redemption price and the <br />interest accrued on the principal amount thereof to the date of redemption are made or duly provided <br />for by the County, interest on such Bond shall cease to accrue and become payable from and after the <br />date fixed for redemption. <br />SECTION 5. Payment of Bonds. The principal of and interest and premium, if any, <br />on the Bonds shall be payable in any coin or currency of the United States of America which at the <br />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 series <br />shall be lithographed or steel engraved, typewritten, printed or otherwise reproduced as the Director <br />of Finance shall determine. The Bonds of a series shall bear the lithographed or engraved facsimile <br />signatures of the Director of Finance and of the Mayor of the County and shall be sealed with the sea] <br />or a lithographed or engraved facsimile seal of the County; provided, however, the Director of <br />Finance may, at his election, provide for printed or manual signatures and sea] on the Bonds; and <br />provided further, however, that the Director of Finance may, at his election, effect a book -entry <br />system for the Bonds of a series. The Director of Finance may, at his election, prepare such number <br />4 <br />
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