1988 Resolutions - Laserfiche WebLink

Home Browse Search

the a.aistrar of .vidne. .ati.faetory to it that .uch Boad _.. de.troy.d..tol.a or lo.t. and of the own.r.hip th.r.of. and upoa fumi.b1l1a to the R.gi.trar of an appropriate bond or 1I1d8D1ty 111 form. sub.tanc. and amoullt .at1.factory to it. 1a which both the City alld the I.gi.t~ar sball bs 1l&Md a. oblig.... All Bo1lda 80 sur- r.ad.red to tb. Regt.trar .ball be callc.ll.d by it aDd evUnc:. of .uch cancellatioD .hall be giVSD to th. City. If the autilat.d. d..troy.d~ .tOl.D or lo.t Bond h.. alr.ady ..tur.d or be. caU.d for redaptioll 1n accordaDee nth ita t.rM it .ball not be Il.e....ry to i..ue a: Dew IoDd prior to pa1MDt. (l)led.."tion. III the- weut any of the Bond. are. called for redarpti01l, DOt1c. th.r.of id81lt1fyiDa. the' Bonda to 'be r.deeaed: vUl 'be atven by the, aegi.trar 'by ..il1Da. . copy of the redaptioe Dotice 'by fir.t. cl... ..11 (poata.e prepald) DOt IIOre than 60 aDd; aoe: les. thaa 30 day. prior to the date f1zed for redeaptlO1l to' the ppsterecl eNDer of ..c:h BoDd to 'be r.ds..d- at th.. addr... shown OIl the rest.... trat10Il 'boob kept by the Ke.iatrar aDd by publ1ah1na: 88id' DO~ 1n the ~ r.quir.d by law. Fa1lure to I1v. such notice by pub-liOa- t1011' or by' _U to any real.tered eNDer, or: any d.fect tiler... wtn: DOt aff.ct: the valld1ty of any proceed1q for the red.pt1oa: oE. Boa4a.. All Bond.' ~ called for redeaptioD w1ll c.... to bear 1Dte~e &fear the .,ecff1.ecl. redDpt1011 date" prorided that th.. fuDda for tile net..,.. tioa. are oaclepo.lt v1th the place of payant at that ~.. 3'~0'4.. A1tPo1DtaeDt of Illltial a.patru. The City henb", appoillta. Aaed:CaD: lfat1oDa1. B'auk anel rzu.c CoIIpaDy._ S't.. PauJ:.. Himleaoc.... .. die trde1at .patrar.> The Hayor ad' the ClerJr....'lftuurer are aut~" co. uecute 8Il4' 41..11..1".. OD b.half of the City._ . coatract 1d.th. the R-af'at:nr... UpoD. ....r or. CODSol1dat:l.oD of the ltea.f.acr.r Rea _other corpoaat1Ola. tf th. reauld.ac corporation 1a . 'baDk. or: tmat co.pauy. autho~1&.d;. .,... Z- to. c:oIU'luet: auch ..111..... such corper.tlOD shall. be av.thorizect co- act: as Mlce..or ReaUtrar. The City:- sar". to pay tt. reaacmabla 8Ddl CUtollary c:ha~ of the.....i.trar for Che ..zrices perfomed'. The ctty.. re..... c:he ~t to' zaov. the leat.trar upoa 30 etaya" not1ee ... upOll th. appo1Dneae' of . succ...or; leaiacrar. m wh1ch ...-= the predeceuor .paC%a Ratl: detlve an ... ad' BoIlcIs f.'a: its po.....fOll: to- the succ...or R'aaf.t:rar acf' shatt 4e1'lvar e. bODct regi.ter to the nce...or Reai.trar... OD.. liefor. each:-. pr1Dcipa.r or- 11ltere.c due date.. 1dthout furtha: order of th1a aouactt.. the Clerk-Tr....rer shall trauaa1t to the ...i.trar 1IOIley. suff1.c:Utlt for the ,.yaac. of all pr1l1e1pal ad 1ntere.c. th8ll due.. 3'.05. Ex.cutin. Autheut1cat1oD aDd Delivery. The Boad.. aball be prepared:. QIIcler the-' direction of the Cl.rk-Treaaurer 81ld ahall b. execut.d OD behalf, of th. Clty by the .ipature. of th. Kayor aud the Cl.l'k-Tr...ur.'Ej,. provided that all .ipature.; ..y be pr1nted. ~ved or l1thoaraphed f~a1llU.. of the orlai1lal.. III ea.. auT offlc~ who... .tpatur., or .f.ea1ll1.l.. of whoa. 8ipature ahalla"..r on th.. B0D4. .hall c..... to bee neb off1c.r before the d.livery of anT Boad. suc:h sipature. or faca1a1l.. .balllleverthele.a be valid and auffic1euc. for al1. purpo...... the .... as if the offic.r had r_1.Ded 111 offic... until. deliv.ry.- .otwlth-