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2018-07-27 Letter to Valerie Poindexter re Bill for Ordinance Authorizing the issuance of General Obligation Bonds
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2018-07-27 Letter to Valerie Poindexter re Bill for Ordinance Authorizing the issuance of General Obligation Bonds
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Charter of the County, proceedings of the aforesaid Council duly taken thereunder and a Certificate <br /> of the Director of Finance of the County providing for the issuance and sale and fixing the form and <br /> details of this Bond (the "Authorizing Certificate"). Reference is hereby made to the Authorizing <br /> Certificate for additional provisions applicable to this Bond,to all of which provisions the registered <br /> owner hereof by acceptance of this Bond hereby assents. <br /> This Bond is subject to redemption in whole or in part at the option of the County, prior to <br /> maturity, at any time [, on and after ,] at the principal amount thereof, <br /> the interest accrued thereon to the date fixed for redemption [and the following redemption <br /> premiums expressed as a percentage of the principal amount redeemed: [Redemption Premiums, if <br /> applicable] <br /> In the event this Bond is redeemable,as aforesaid,and shall be called for redemption,notice <br /> of the redemption hereof stating the designation,date,number and maturity of this Bond,the portion <br /> of the principal sum hereof to be redeemed, the date fixed for such redemption and the premium <br /> payable upon such redemption, shall be mailed,at least once not less than thirty(30)days prior to the <br /> date fixed for the redemption hereof,to the holder hereof in whose name this Bond is registered upon <br /> the Bond Register as of the close of business on the forty-fifth(45th)day(whether or not a business <br /> day) next preceding the date fixed for the redemption hereof. The failure of the Registered Holder <br /> hereof to receive such notice by mail or any defect in such notice shall not affect the sufficiency of <br /> the proceedings for the redemption of this Bond. If less than all of the principal sum hereof is to be <br /> redeemed, in such case upon the surrender of this Bond to the Registrar there shall be issued to the <br /> Registered Holder hereof,without charge therefor,for the then unredeemed balance of the principal <br /> sum hereof, Bonds of like series, maturity and interest rate in any of the authorized denominations <br /> provided by the proceedings of the County authorizing the issuance of the series of Bonds of which <br /> this Bond is one. If this Bond(or any portion of the principal sum hereof)be redeemable and shall <br /> have been duly called for redemption and notice of such redemption duly given as aforesaid, and if <br /> on or before the date fixed for such redemption payment of the principal sum hereof to be redeemed, <br /> the premium payable upon such redemption and the interest accrued on the principal sum to be <br /> redeemed to the date fixed for such redemption shall have been duly made or provided for,then this <br /> Bond(or the portion of the principal sum hereof to be redeemed)shall become due and payable upon <br /> such date fixed for redemption and interest shall cease to accrue and become payable from and after <br /> the date fixed for such redemption on the principal sum hereof to be redeemed. <br /> This Bond is transferable only upon the Bond Register at the office of <br /> , Registrar, in the City of , or at the office of its successors <br /> from time to time appointed by the County, by the Registered Holder hereof, or by the Registered <br /> Holder's duly authorized attorney,upon surrender of this Bond(together with a written instrument of <br /> transfer satisfactory in form to the Registrar duly executed by the Registered Holder or the <br /> Registered Holder's duly authorized attorney,which may be the form endorsed hereon)and subject <br /> to the limitations and upon payment of the charges,if any,provided from time to time by the County <br /> and the Registrar, and thereupon a new Bond or Bonds, in the same aggregate principal amount in <br /> authorized denominations and of the same series,interest rate and maturity as the Bond surrendered, <br /> shall be delivered to the transferee in exchange thereof. The County,the Registrar, and the Paying <br /> A-2 <br />
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