My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
No. 1118 authorizing issuance of bonds on parity with COSB redevelopment district tax increment revenue bonds of 1985, 1986, 1988 for the purpose of raising money for redevelopment in the SBCAA
sbend
>
Public
>
Redevelopment Commission
>
Resolutions
>
No. 1118 authorizing issuance of bonds on parity with COSB redevelopment district tax increment revenue bonds of 1985, 1986, 1988 for the purpose of raising money for redevelopment in the SBCAA
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/18/2012 2:54:15 PM
Creation date
10/20/2011 1:58:09 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
44
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
This bond is transferable or exchangeable only upon the Series 1992 <br />Bond Register by the Registered Owner hereof in person, or by his attorney duly <br />authorized in writing, upon surrender of this bond together with a written <br />instrument of transfer or exchange satisfactory to the Registrar duly executed <br />by the Registered Owner or his attorney duly authorized in writing and thereupon <br />a new fully registered bond or bonds in the same aggregate principal amount and <br />of the same maturity shall be executed and delivered in the name of the <br />transferee or transferees or the Registered Owner, as the case may be, in <br />exchange therefor. Bonds shall not be sold or transferred in principal amounts <br />of less than One Hundred Thousand and 00 /100 Dollars ($100,000.00) without the <br />opinion of counsel that the sale conforms to securities laws. This bond may be <br />transferred or exchanged without cost to the Registered owner, except for any <br />tax or governmental charge required to be paid with respect to the exchange. <br />The Registrar shall not be required to transfer or exchange this bond if it has <br />been called for redemption or during the period from the fifteenth (15th) day <br />of any calendar month immediately preceding an interest payment date to such <br />interest payment date. <br />The City, the Commission and the Registrar may treat and consider <br />the person in whose name this bond is registered as the absolute owner hereof <br />for all purposes including for the purpose of receiving payment of, or on <br />account of, the principal hereof and interest due hereon. <br />The bonds maturing in any one year are issuable in fully registered <br />form in denominations of not less than One Hundred Thousand and 00 /100 Dollars <br />($100,000.00) or any integral multiples thereof not exceeding the aggregate <br />principal amount of the bonds maturing in such year. <br />i <br />In the event this bond is mutilated, lost, stolen or destroyed, the <br />City may execute and the Registrar may authenticate a new bond of like date, <br />maturity and denomination as this bond, which new bond shall be marked in a <br />manner to distinguish it from this bond; provided that, in the case of this bond <br />being mutilated, this bond shall first be surrendered to the City and the <br />Registrar, and in the case of this bond being lost, stolen or destroyed, there <br />shall first be furnished to the City and the Registrar evidence of such loss, <br />theft or destruction satisfactory to the City and the Registrar, together with <br />indemnity satisfactory to them. In the event that this bond, being lost, stolen <br />or destroyed, shall have matured, instead of issuing a duplicate bond the City <br />and the Registrar may, upon receiving indemnity satisfactory to them, pay this <br />bond without surrender hereof. The City and the Registrar may charge the owner <br />of this bond with their reasonable fees and expenses in connection with the <br />above. Every substitute bond issued by reason of this bond being lost, stolen <br />or destroyed shall, with respect to this bond, constitute a substitute <br />contractual obligation of the City, acting for and on behalf of the South Bend <br />Redevelopment District, whether or not this bond, being lost, stolen or <br />destroyed shall be found at any time, and shall be entitled to all the benefits <br />of the Series 1992 Bond Resolution, equally and proportionately with any and all <br />other bonds duly issued thereunder. <br />The Registrar or Paying Agent may at any time resign as Registrar <br />or Paying agent by giving thirty (30) days' written notice to the Commission and <br />by first -class mail to the registered owners of bonds then outstanding, and such <br />resignation will take effect at the end of such thirty (30) days or upon the <br />earlier appointment of a successor Registrar or Paying Agent, as the case maybe, <br />by the Commission. Such notice to the Commission may be served personally or <br />be sent by registered mail. The Registrar or the Paying Agent may be removed <br />at any time as Registrar or Paying Agent by the Commission, in which event the <br />Commission may appoint a successor Registrar or Paying Agent, as the case may <br />be. The Commission shall cause the registered owner of this bond to be <br />notified, if then outstanding, by first -class mail of the removal of the <br />Registrar or Paying Agent. Notices to registered owners of bonds shall be <br />deemed to be given when mailed by first -class mail to the addresses of such <br />16 <br />
The URL can be used to link to this page
Your browser does not support the video tag.