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No. 2026 amending resolution No. 1965-a bond resolution of the SBRC authorizing the issuance of tax increment revenue bonds, series 2003, of the SB redevelopment district as previously amended by resolution No. 2004 and No. 2017
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No. 2026 amending resolution No. 1965-a bond resolution of the SBRC authorizing the issuance of tax increment revenue bonds, series 2003, of the SB redevelopment district as previously amended by resolution No. 2004 and No. 2017
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stolen or destroyed Bond shall be found at any time, and shall be entitled to all the <br />benefits of this Resolution, equally and proportionately with any and all other <br />Bonds duly issued hereunder. <br />The Registrar or the Paying Agent may at any time resign as <br />Registrar or Paying Agent by giving thirty (30) days' written notice to the <br />Commission and by first -class mail to each registered owner of Bonds then <br />outstanding, and such resignation will take effect at the end of such thirty (30) <br />days or upon the earlier appointment of a successor Registrar or Paying Agent, as <br />the case may be, by the Commission. Such notice to the Commission may be <br />served personally or be sent by registered mail. The Registrar or Paying Agent <br />may be removed at any time as Registrar or Paying Agent by the Commission, in <br />which event the Commission may appoint a successor Registrar or Paying Agent <br />as the case may be. The Commission shall notify each registered owner of Bonds <br />then outstanding by first -class mail of the removal of the Registrar or Paying <br />Agent. Notices to registered owners of Bonds shall be deemed to be given when <br />mailed by first -class mail to the addresses of such registered owners as they <br />appear on the Bond Register. Any predecessor Registrar shall deliver all the <br />Bonds in its possession and the Bond Register to the successor Registrar and any <br />predecessor Paying Agent shall deliver all the cash in its possession to the <br />successor Paying Agent. <br />The Bonds shall be executed in the name of the City, acting for and <br />on behalf of the Redevelopment District, by the manual or facsimile signature of <br />the Mayor, countersigned by the manual or facsimile signature of the Controller <br />and attested by the manual or facsimile signature of the City Clerk, who shall <br />cause the official seal of the City to be impressed or a facsimile thereof to be <br />printed on each of the Bonds. Subject to the provisions for registration, the Bonds <br />shall be negotiable under the laws of the State of Indiana. <br />The Bonds shall be authenticated with the manual signature of an <br />authorized representative of the Registrar, and no Bonds shall be valid or <br />obligatory for any purpose or be entitled to any security or benefit under this <br />Resolution until the certificate of authentication on such Bond shall have been so <br />executed. <br />Section 2. Section 2 of the Bond Resolution is hereby amended to read as <br />follows: <br />SECTION 2. <br />(a) Optional Redemption. The Bonds maturing on February 1, <br />2013, and thereafter are subject to redemption at the option of the Commission on <br />August 1, 2012, or any date thereafter, only in Authorized Denominations, as a <br />IL whole or in part from time to time (with the maturities and amounts of the Bonds <br />to be redeemed to be selected by the Commission), at face value plus interest <br />SBIMANI 167906v1 - 5 - <br />
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