1991 Receipts, Disb., Resolutions & Minutes

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..~ - ..~... 2.02. Dates; Interest Payment Dates. Each Boad will be dated as of the last interest payment date preceding the date of authentication to which inter- est OD the Bond has been paid or made available for payment, unless (i) the date of authentication i8 aa interest paymenc date to wh1~b interest has been paid or made available for payment, iD which cas. sucb Bond shall be dated as of the date of authentication. or (11) the date of authentication is prior to the first interest paymeDt date. 1D which case such Bond will be dated ae of the date of oril1nal 188ue. The iDterest OD the Boads 18 payable OD August 1 and February 1 of each. year. cGmmencinl February 1. 1992, to the owaer of record thereof .e of the 'close of business on tbe fifteenth day of the immediately precediDg month, whether or not such day 18 a business day. 2.03. R.g:lstratiOD. The City will -_ppoiDt, and shall maintain, a bond registrar. trall.fer agent. authenticatillg ageDc anel payiDg agent (Relistrar). The effect of registration aDd the rights and duti.. of the City and th. .8118- trar with respec~ thereto are a8 follows: (a> Register. . The aeaistrar must keep at its priDcipal corporate truee office a bond register ill which the lepstrar provides for the registration of ownership of Boacls anel the re81stratiOD of traasfers and eschaDles of Bonds entitled to b. registered. tra.farred or ezchaDged. (b) TraDsfer of loads. UpOD surrender for traDSfer of a Bonel duly 81ldorsecl by the resistered owner thereof or accompanied by a written instrumeDt of traD.fer. iD fora sac1.factory to the bg1strar. duly execut- ed by the reg1stered OWDer thereof or by aD attoJ:ll8Y duly authorized by the resistered OWDer tD wr1t1nl_ the Registrar will authenticate aDd deliver, in the lUllDe of the cle.:lpatecl traDsferea or tr8ll8ferees J. oae or 1IIOre' Dew BoDcls of a like aSlresate priDcipal amount aDeI maturity. as requested by the trauferor. The Rel1strar may. however. clo.e the books for registra- 1:1011 of aDY tralUlfer af'ter the flfteenth clay of the 1IlODth precediDs each iDterese payment date aDd UDtll such 1Dtere8~ pa,.eDt date. (c> Exchaaa. of Bonds. When Bonds are surrendered by the registered owner for cxchaaae the Resistrar v1l1 authenticate aDd deliver oae or more Dew BoDcls of . 11a alarepte principal am01lllt ael macurity. .. requested by the resistered owner or tha owner'. attorney tD vritiDa. (eI) Cancellation. 10llc1s surrendered upon aDY traDsfer or exchange will be promptly cancelled by the Registrar and thereafter dispo.ed of as directed by the City. (e> 1Dq)roper or Unauthorized Transfer. When a BOl1d is presented to the Registrar for transfer. the Registrar may refuse to transfer the Bonel until the Registrar is satisfied that the endorse.ent on the Bond or separate instrument of transfer is valid and genuine aDd that the requested traasfer 1s legally authorized. The Registrar will incur DO liability for the refusal, in good faith. to make transfers which it, in its judgment, deems improper or unauthorized.