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8359-93 Revenue Bonds Refund Outstanding Sewage Segregation
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8359-93 Revenue Bonds Refund Outstanding Sewage Segregation
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Last modified
10/10/2012 8:42:59 AM
Creation date
10/10/2012 8:42:54 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
3/8/1993
Ord-Res Number
8359-93
Bill Number
19-93
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Insurer, the Registrar and Paying Agent and the <br /> registered owners of the 1993 Bonds. <br /> (j) Notices. The notice addresses for the Bond <br /> Insurer and the Fiscal Agent are as follows: <br /> Financial Guaranty Insurance Company <br /> 115 Broadway <br /> New York, New York 10006 <br /> Attention: Managing Counsel <br /> Citibank, N.A. <br /> 20 Exchange Place - 16th Floor <br /> New York, New York 1005 <br /> Attention: Municipal Trust and Agency Services <br /> Administration <br /> Section 23. No Conflict. Except as described in Section 26 <br /> below, all ordinances and parts of ordinances in conflict herewith <br /> are hereby repealed. <br /> Section 24. Severabilitv. If any section, paragraph or <br /> provision of this Ordinance shall be held to be invalid or <br /> unenforceable for any reason, the invalidity or unenforceability of <br /> such section, paragraph or provision shall not affect any of the <br /> remaining provisions of this Ordinance. <br /> Section 25. Holidays, Etc. If the date of making any payment <br /> or the last date for performance of any act or the exercising of <br /> any right, as provided in this Ordinance, shall be a legal holiday <br /> or a day on which banking institutions in the City or the city in <br /> which the Registrar or Paying Agent is located are typically closed <br /> or on which the Fiscal Agent is authorized by law to remain closed, <br /> such payment may be made or act performed or right exercised on the <br /> next succeeding day not a legal holiday or a day on which such <br /> banking institutions are typically closed or on which the Fiscal <br /> Agent is authorized by law to remain closed, with the same force <br /> and effect as if done on the nominal date provided in this <br /> Ordinance, and no interest shall accrue for the period after such <br /> nominal date. <br /> Section 26. Effectiveness. This Ordinance shall be in full <br /> force and effect from and after its passage, provided, the <br /> provisions of the ordinance pursuant to which the Prior Bonds were <br /> issued shall remain in effect and shall supercede the provisions of <br /> this Ordinance in the event of any conflict with this Ordinance <br /> until such time as the Prior Bonds are paid or defeased in the <br /> manner set forth in said ordinance. <br /> Presiding Member <br />
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