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Last modified
6/28/2024 11:15:54 AM
Creation date
10/5/2015 8:49:29 AM
Metadata
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Template:
Resolutions
Resolution Number
2009-118
Approved Date
07/21/2009
Agenda Item Number
12.G.1.
Resolution Type
Amendment & Supplement
Resolution No. 93-80
Entity Name
Water and Sewer Revenue Refunding Bonds 2009
Subject
County’s Water and Sewer Revenue Bonds, Series 1993A
Supplemental fields
SmeadsoftID
6808
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SECTION 9. AUTHENTICATION OF SERIES 2009 BONDS. Only such of the <br />Series 2009 Bonds as shall have endorsed thereon a certificate of authentication <br />substantially in the form set forth in the Original Resolution, duly executed by the <br />Registrar, as authenticating agent, shall be entitled to any benefit or security under the <br />Original Resolution and this Resolution. No Series 2009 Bond shall be valid or <br />obligatory for any purpose unless and until such certificate of authentication shall have <br />been duly executed by the Registrar, and such certificate of the Registrar upon any such <br />Series 1993 Bond shall be conclusive evidence that such Bond has been duly <br />authenticated and delivered under this Resolution. The Registrar's certificate of <br />authentication on any Bond shall be deemed to have been duly executed if signed by an <br />authorized officer of the Registrar, but it shall not be necessary that the same officer sign <br />the certificate of authentication of all of the Series 2009 Bonds that may be issued here- <br />under at any one time. <br />SECTION 10. EXCHANGE OF SERIES 2009 BONDS. Any Series 2009 Bonds, <br />upon surrender thereof at the principal corporate trust office of the Registrar, together <br />with an assignment duly executed by the Bondholder or his attorney or legal <br />representative in such form as shall be satisfactory to the Registrar, may, at the option of <br />the Bondholder, be exchanged for an aggregate principal amount of Series 2009 Bonds <br />equal to the principal amount of the Bond or Bonds so surrendered. <br />The Registrar shall make provision for the exchange of Series 2009 Bonds at the <br />principal corporate trust office of the Registrar. <br />SECTION 11. NEGOTIABILITY, REGISTRATION AND TRANSFER OF SERIES <br />2009 BONDS. The Registrar shall keep books for the registration of and for the <br />registration of transfers of Series 2009 Bonds as provided in the Original Resolution. The <br />transfer of any Series 2009 Bonds may be registered only upon such books and only <br />upon surrender thereof to the Registrar together with an assignment duly executed by <br />the Bondholder or his attorney or legal representative in such form as shall be <br />satisfactory to the Registrar. Upon any such registration of transfer the County shall <br />execute and the Registrar shall authenticate and deliver in exchange for such Bond, a <br />new Bond or Bonds registered in the name of the transferee, and in an aggregate <br />principal amount equal to the principal amount of such Bond or Bonds so surrendered. <br />In all cases in which Series 2009 Bonds shall be exchanged, the County shall <br />execute and the Registrar shall authenticate and deliver, at the earliest practicable time, a <br />new Bond or Bonds in accordance with the provisions of the Original Resolution and <br />this Resolution. All Series 2009 Bonds surrendered in any such exchange or registration <br />of transfer shall forthwith be canceled by the Registrar. The County or the Registrar <br />may make a charge for every such exchange or registration of transfer of Series 2009 <br />Bonds sufficient to reimburse it for any tax or other governmental charge required to be <br />paid with respect to such exchange or registration of transfer, but no other charge shall <br />0 <br />
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