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1991-080
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1991-080
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Last modified
5/10/2017 12:31:30 PM
Creation date
5/10/2017 12:19:44 PM
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Template:
Resolutions
Resolution Number
1991-080
Approved Date
07/23/1991
Resolution Type
Bonds
Entity Name
Bond Purchase Agreement Authorization
Subject
Recreational Revenue Bonds Series 1991
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The term bonds maturing on September 1, 2.0) shall be subject to <br />mandatory redemption and shall be callable by lot at par plus accrued <br />interest on September 1 in the following amounts in the following <br />years: <br />September 1 of <br />Year <br />207 <br />2.90 <br />wok <br />?P10 <br />2p)$ (MSUn <br />Principal Amount <br />5tZ7c o OO <br />3a5)ooc> <br />3o} o oo <br />3 50,600 <br />Notice of Redemption <br />Notice of redemption of the Series 1991 Bonds shall, at <br />least thirty (30) days prior to the redemption date: (i) be filed <br />with the Bond Registrar and Paying Agent; and (ii) be mailed, <br />postage prepaid, to all Registered Owners of the Series 1991 <br />Bonds to be redeemed at their addresses as they appear of record <br />on the books of the Bond Registrar as of fifteen (15) days prior <br />to the date of selection of the Series 1991 Bonds to be redeemed <br />and ending on the redemption date. Interest shall cease to <br />accrue on any Series 1991 Bond duly called for prior redemption <br />on the redemption date, if payment thereof has been duly provided. <br />The privilege of transfer or exchange of any of the Series 1991 <br />Bonds so called for redemption is suspended for a period commencing <br />fifteen (15) days preceding the date of selection of the Series <br />1991 Bonds to be redeemed and ending on the redemption date. <br />Neither the failure to mail notice of redemption to the holders <br />of the Series 1991 Bonds to be redeemed nor any defect therein <br />shall affect the proceedings for redemption of Series 1991 Bonds <br />as to which notice was mailed in accordance with subsection (ii) <br />of this paragraph and no defect has occurred. <br />Registration, Transfer and Exchange <br />All Series 1991 Bonds presented for transfer, exchange, <br />redemption or payment (if so required by the County or the Bond <br />Registrar) shall be accompanied by a written instrument or <br />instruments of transfer or authorization for exchange, in form <br />and with guaranty of signature satisfactory to the County or the <br />Bond Registrar, duly executed by the Registered Owner or by his <br />duly authorized attorney. <br />The County and the Bond Registrar may charge the Registered <br />Owner a sum sufficient to reimburse them for any expenses incurred <br />Se" <br />Aw/�r lO-f� I`Ar /V`i'fr a?a " J A (0%- <br />' _ _ r,,(1,4,1.. (47.-`'-e -iAA 29 wQ. z . C41 <br />c rye <br />75.a.a`,- -40- ) ) Z o 6 S,y tV <br />6 <br />J/ _ ;i./ •' <br />
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