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Res. #06-038 - Awarding Sale of $2,700,000 G.O. Impr. Bonds, Series 2006A
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Res. #06-038 - Awarding Sale of $2,700,000 G.O. Impr. Bonds, Series 2006A
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<br />faith and credit of the City for the prompt and full payment of the principal of and interest on the <br />Bonds will remain in full force and effect. The City may discharge all Bonds which are due on any <br />date by depositing with the Registrar on or before that date a sum sufficient for the payment thereof <br />in full. If any Bond should not be paid when due, it may nevertheless be discharged by depositing <br />with the Registrar a sum sufficient for the payment thereof in full with interest accrued to the date of <br />such deposit. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by Member <br /> <br />Terway, and upon vote being taken thereon, the following voted in favor thereof: Capra, Lakso, <br /> <br />Lee, Paar and Terway <br /> <br />and the following voted against the same: None <br /> <br />whereupon said resolution was declared duly passed and adopted. <br /> <br />294858v3 S18 CE155-26 <br /> <br />18 <br />
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