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EDC Packet 2.6.25
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EDC Packet 2.6.25
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Dept of Community Investment
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<br />15 <br />NOTICE: Signature(s) must be guaranteed by NOTICE: The signature to this assignment must <br />an eligible guarantor institution participating correspond with the name of the registered <br />in a Securities Transfer Association of a owner as it appears upon the face of the <br />recognized signature guarantee program. within Bond in every particular, <br /> without alteration or enlargement or any change <br /> whatsoever. <br /> <br />The following abbreviations, when used in the inscription on the face of this certificate, shall be construed as <br />though they were written out in full according to applicable laws or regulations: <br /> UNIF TRAN MIN ACT -- Custodian <br /> (Cust) (Minor) <br /> <br /> under Uniform Transfers to Minors Act <br /> <br /> (State) <br /> TEN COM -- as tenants in common <br /> JT TEN -- as joint tenants with right of survivorship and not as <br /> tenants in common <br /> <br /> Additional abbreviations may also be used though not in the above list. <br /> <br />(End of Bond Form) <br /> <br />Section 2.7. Delivery of Bonds. The Trustee shall authenticate the Bonds and <br />deliver them to the purchasers thereof upon receipt of a copy, duly certified by the Clerk of the <br />Issuer, of the Bond Ordinance authorizing the execution and delivery of the Loan Agreement and <br />this Indenture and the issuance of the Bonds, and delivery of the following. <br />(1) An executed counterpart of the Loan Agreement, the Taxpayer Agreement <br />and this Indenture. <br />(2) A copy, duly certified by the Clerk of the Issuer, of the Ordinance adopted <br />and approved by the Issuer authorizing the execution and delivery of the Loan Agreement <br />and this Indenture and the issuance of the Bonds. <br />(3) A copy, duly certified by the Secretary of the Redevelopment Commission, <br />of the Pledge Resolution. <br />(4) A written request of the Issuer to the Trustee requesting the Trustee to <br />authenticate, or cause to be authenticated, and deliver the Bonds in the Authorized Amount <br />to the purchasers thereof. <br />(5) Such other documents as shall be required by bond counsel or the Issuer, <br />which shall be identified to the Trustee as documents to be received by the Trustee. <br />The proceeds of the Bonds shall be paid over to the Trustee and deposited to the <br />Project Fund as hereinafter provided under Section 3.1 hereof. <br />Section 2.8. Mutilated, Lost, Stolen or Destroyed Bonds. In the event any Bond <br />is mutilated, lost, stolen or destroyed, the Issuer, through the Trustee, may execute and the Trustee <br />may authenticate a new Bond of like date, maturity and denomination as that mutilated, lost, stolen <br />or destroyed; provided that, in the case of any mutilated Bond, such mutilated Bond shall first be <br />surrendered to the Issuer, and in the case of any lost, stolen or destroyed Bond, there shall be first
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