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1981-031
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1981-031
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Last modified
3/6/2023 10:23:49 AM
Creation date
3/6/2023 10:23:25 AM
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Resolutions
Resolution Number
1981-031
Approved Date
05/06/1981
Subject
RE: Junior Bonds for County Administrator Complex $725,000
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V <br />maximum legal rate allowable by law; and shell mature on such <br />date in such years and amounts, all as shall be determined by <br />subsequent resolution of the Board adopted on or prior to the <br />sale of the Obligations. Such Obligations shall be issued in <br />coupon form; shall be payable with respect to both principal and <br />interest at a place or places to be determined by the Board prior <br />to the delivery of the Obligations; shall be payable in lawful <br />money of the United States of America; and shall bear interest <br />from their date, payable in accordance with and upon surrender of <br />the appurtenant interest coupons as they severally mature. <br />SECTION 7. EXECUTION OF OBLIGATIONS AND COUPONS. The <br />Obligations shall be executed in the name of the County by the <br />Chairman of the Board and countersigned and attested by its <br />Clerk, and its corporate seal or facsimile thereof shall be <br />affixed thereto or reproduced thereon. The facsimile signatures <br />of the Chdirman or the Clerk may be imprinted or reproduced on <br />the Obligations, provided that at least one signature required to <br />he placed therco n t -u <br />shall - <br />c —auanuaiiy subscribed. In case any one <br />or more of the officers who shall have signed or sealed any of <br />the Obligations shall cease to be such officer of the Board <br />before the Obligations so signed and sealed shall have been <br />actually sold and delivered, such Obligations may nevertheless be <br />sold and delivered as herein provided and may be issued as if the <br />person who signed or sealed such Obligations had not ceased to <br />hold such office. Any Obligation may be signed and sealed on <br />behalf of the County by such person who at the actual time of the <br />execution of such Obligations shall hold the proper office in the <br />County, although at the date of such Obligations such person may <br />not have held such office or may not have been so authorized. <br />The coupons attached to the Obligations shall be authen- <br />ticated with the facsimile signature of any present or future <br />Chairman of the Board, and the validation certificate on said <br />Obligations shall be executed with the facsimile signature of said <br />Chairman. The Board may adopt and use for such purposes the fac- <br />
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