My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Authorize- Issuance of Revenue Bonds $11,960,000
sbend
>
Public
>
Common Council
>
Legislation
>
Ordinances
>
1997
>
Authorize- Issuance of Revenue Bonds $11,960,000
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/21/2011 3:56:49 PM
Creation date
3/21/2011 3:56:47 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
4/28/1997
Ord-Res Number
8778-97
Bill Number
34-97
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
27
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
, �� <br /> . , <br /> REGISTRAR'S CERTIFICATE OF AUTHENTICATION <br /> This bond is one of the bonds described in the within mentioned Ordinance. <br /> , Indiana <br /> By: <br /> as Registrar <br /> [Reverse of Bond] <br /> The City reserves the right pursuant to the terms and conditions of the Ordinance to authorize and issue <br /> additional bonds hereafterpayable out of the county economic development income tax revenues of the City,ranking <br /> on a parity herewith or junior hereto, for the purpose of financing additional costs of the economic development <br /> project for which the bonds were issued and future economic development projects and such other projects as may <br /> be permitted by law. <br /> So long as any bond is outstanding, Indiana Code 6-3.5-7-14 prohibits a county which has imposed the <br /> county economic development income tax from reducing the county economic development income tax rate imposed <br /> on the adjusted gross income of county taxpayers below that which is required to be maintained by law. <br /> The bonds of this issue, maturing on or after August 1, 2008, may be redeemed by the City, in whole or <br /> in part,on August 1,2007, or at any time thereafter,in order of maturity determined by the City, and by lot within <br /> any such maturity or maturities by the Registrar, at a redemption price expressed as a percentage of the principal <br /> amount of each Bond to be redeemed in accordance with the following schedule,plus accrued interest to the date <br /> of redemption: <br /> Redemption Period <br /> (Both Dates Inclusive) Redemption Price <br /> August 1, 2007, through and including July 31, 2008 102% <br /> August 1, 2008, through and including July 31, 2009 101% <br /> August 1, 2009, and thereafter prior to maturity 100% <br /> Official notice of any such redemption identifying the Bonds shall be sent by the Registrar by certified or <br /> registered mail to the Registered Owner of this bond at least thirty(30)days and not more than sixty(60)days prior <br /> to the scheduled redemption date,at the address shown on the registration books of the Registrar and Paying Agent, <br /> or at such other address as is furnished in writing to the Registrar and Paying Agent, unless such notice is waived <br /> by the Registered Owner;provided,however,that failure to give such notice by mailing, or any defect therein,with <br /> respect to any such bond will not affect the validity of any proceedings for redemption of any other such bonds. <br /> The place of redemption may be at the principal corporate office of the Paying Agent or as otherwise determined <br /> by the City. Interest on bonds so called for redemption shall cease to accrue on the redemption date fixed in such <br /> notice, so long as sufficient funds are available at the place of redemption to pay the redemption price on the <br /> redemption date or when presented for payment. The bonds so redeemed prior to maturity shall be surrendered for <br /> cancellation. <br /> -8- <br />
The URL can be used to link to this page
Your browser does not support the video tag.