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2001-072
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Last modified
2/7/2017 12:06:43 PM
Creation date
9/30/2015 5:11:33 PM
Metadata
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Resolutions
Resolution Number
2001-072
Approved Date
08/07/2001
Resolution Type
Bonds
Entity Name
Dodgertown
Subject
Revenue Bonds Spring Training Facility Series 2011
Spring Training Facility
Area
Dodgertown
Archived Roll/Disk#
2745
Supplemental fields
SmeadsoftID
2584
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A <br /> Notwithstanding any other provisions of this Section, the Issuer may, at its option, prior to <br /> the date of issuance of any Bonds, elect to use an immobilization system or pure book-entry system <br /> with respect to issuance of such Bonds, provided adequate records will be kept with respect to the <br /> ownership of such Bonds issued in book-entry form or the beneficial ownership of bonds issued in <br /> the name of a nominee. As long as any Bonds are outstanding in book-entry form the provisions of <br /> this Resolution inconsistent with such system of book-entry registration shall not be applicable to <br /> such Bonds. The details of any alternative system of issuance, as described in this paragraph, shall <br /> be set forth in a resolution of the Issuer duly adopted at or prior to the sale of such Bonds. <br /> SECTION 7. EXECUTION OF BONDS. The Bonds shall be executed in the name of the <br /> Issuer by the Chairman or Vice Chairman and attested by the Clerk, either manually or by facsimile <br /> signature, and the official seal of the Issuer or a facsimile thereof shall be affixed thereto or <br /> reproduced thereon. The facsimile signature of such officers may be imprinted or reproduced on the <br /> Bonds. The Certificate of Authentication of the Registrar shall appear on the Bonds, and no bond <br /> shall be valid or obligatory for any purpose or be entitled to any security or benefit under this <br /> Resolution unless such certificate shall have been duly executed on such Bond. The authorized signa- <br /> ture for the Registrar shall be either manual or facsimile; provided, however, that at least one of the <br /> signatures appearing on the Bonds shall at all times be a manual signature. In case any officer whose <br /> signature shall appear on any Bonds shall cease to be such officer before the delivery of such Bonds, <br /> such signature or facsimile shall nevertheless be valid and sufficient for all purposes the same as if he <br /> had remained in office until such delivery. Any Bond may be signed and sealed on behalf of the Issuer <br /> by such person who at the actual time of the execution of such Bonds shall hold the proper office with <br /> the Issuer, although at the date of adoption of this Resolution such person may not have held such <br /> office or may not have been so authorized. <br /> SECTION 8. AUTHENTICATION OF BONDS. Only such of the Bonds as shall have <br /> endorsed thereon a certificate of authentication substantially in the form hereinbelow set forth, duly <br /> executed by the Registrar, as authenticating agent, shall be entitled to any benefit or security under <br /> this Resolution. No Bond shall be valid or obligatory for any purpose unless and until such certificate <br /> of authentication shall have been duly executed by the Registrar, and such certificate of the Registrar <br /> upon any such Bond shall be conclusive evidence that such Bond has been duly authenticated and <br /> delivered under this Resolution. The Registrar's certificate of authentication on any Bond shall be <br /> deemed to have been duly executed if signed by an authorized officer of the Registrar, but it shall not <br /> be necessary that the same officer sign the certificate of authentication of all of the Bonds that may <br /> be issued hereunder at any one time. <br /> SECTION 9. NEGOTIABILITY. Subject to the provisions hereof respecting registration <br /> and transfer, the Bonds shall be and shall have all the qualities and incidents of negotiable instruments <br /> under the laws of the State of Florida, and each successive holder, in accepting any of the Bonds, <br /> shall be conclusively deemed to have agreed that the Bonds shall be and have all of such qualities and <br /> incidents of negotiable instruments under the Uniform Commercial Code - Investment Securities of <br /> the State of Florida. <br /> 8 <br />
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