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1991-151
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1991-151
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Last modified
5/15/2017 3:01:02 PM
Creation date
5/15/2017 2:41:21 PM
Metadata
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Template:
Resolutions
Resolution Number
1991-151
Approved Date
09/24/1991
Resolution Type
Utilities
Entity Name
Water and Sewer Revenue Bonds Series 1991
Subject
Bond Purchase Agreement
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Mandatory Redemption <br />The Series 1991 Bonds due May 1, <br />and amounts set forth below ata price <br />redemption date. <br />Primipol <br />Maim_ <br />Sib <br />The Series 1991 Bonds due May 1, <br />and amounts set forth below at a price <br />redemption date. <br />are subject to mandatory redemption by lot prior to maturity in the years <br />equal to 100% of principsl amount. Accrued interest is also payable on the <br />Xw <br />4774 c ti,ED Sc tf(OtL E j <br />Optional Redemption <br />are subject to mandatory redemption by lot prior to maturity in the years <br />equal to 100% of principal amount. Accrued interest is also payable on the <br />tMatipd <br />M Yt�c <br />S 66 4-7-7�t4c 1164 ScHeO u .11— <br />The Series 1991 Bonds stated to mature on or after May 1, , are subject to redemption at the option of the County <br />in whole or, from time to time, in part, on May 1. , or on any date thereafter at the respective redemption prices set <br />forth below expressed u percentages of the principal amount to be redeemed. plus accrued interest to the date of redemption. <br />Redemption Rede aptise <br />Ped_ 1_ <br />5th 6 4-7-Tr4-e#k4 5cHave-e <br />If fewer than all of the Series 1991 Bonds are to be so redeemed. the County may select the maturity or maturities to <br />be redeemed. If fewer than all of the Series 1991 Bonds of any particular maturity aro to be redeemed, the Bond Registrar <br />will select by lot the particular Series 1991 Bonds or portions of Series 1991 Bonds of such maturity to be redeemed. The <br />portion of any Series 1991 Bond of a denomination of more than $5,000 to be redeemed will be in the principal amount of <br />$5,000 or an integral multiple of that sum. <br />Notice of Redemption <br />Notice of the intention to redeem the Series 1991 Bonds in whole or in part will be mailed by the Paying Agent, by first <br />class mail, to the Registered Owners of the Series 1991 Bonds to be redeemed in whole or in part not more than 45 days <br />and not leas than 30 days prior to the date fixed for redemption, at their respective addresses u shown on the registration <br />books, in accordance with the terms of the Resolution. Such notice is to specify the series, maturities and numbers of Series <br />1991 Bonds to be redeemed (including the CUSIP number); the date fixed for redemption; the redemption price or prices <br />applicable to the Series 1991 Bonds to be redeemed; and that on the date fixed for redemption such Series 1991 Bonds will <br />be payable at the principal corporate trust office of the Paying Agent and that after such date interest shall cease to accrue <br />on such Series 1991 Bonds. If holders or Registered Owners of all such Series 1991 Bonds to be redeemed file written <br />waivers of notice with the Paying Agent, such Series 1991 Bonds may be redeemed on the redemption date without necessity <br />of notice by mailing. Failure to mail any notice of redemption or any defect therein or in the mailing thereof will not affect <br />the validity of any proceeding for redemption of other Series 1991 Bonds so called for redemption. <br />Registration, Transfer, and Exchange <br />All Series 1991 Bonds presented for transfer. exchange, redemption, or payment (if so required by the County or the <br />Bond Registrar) shall be accompanied by a written instrument or instruments of transfer or authorization for exchange, in <br />form and with gusraaty of signature satisfactory to the County or the Bond Registrar. duly executed by the Registered Owner <br />or by his duly authorized attorney. <br />
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