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7/17/2007 9:23:32 AM
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4/25/2005 12:35:45 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8417
Resolution Title
Awarding the purchase of $3,500,000.00 in General Obligation Improvement Bonds, Series 15, to Prudential Bache
Resolution Date Passed
2/22/1989
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<br />Registrar at least forty-five (45) days prior to the <br />redemption date of a request of the Council, in written form <br />if the Bond Registrar is other than a City official. Such <br />request shall specify the principal amount of Bonds to be <br />called. for redemption and the redemption date. <br /> <br />Published notice of redemption shall in each case be <br />given in accordance with law, and mailed notice of redemption <br />shall be given to the paying agent (if other than a City <br />officer) and to each affected Holder. If and when the City <br />shall call any of the Bonds for redemption and payment prior <br />to the stated maturity thereof, the Bond Registrar shall give <br />written notice in the name of the City of its intention to <br />redeem and pay such Bonds at the office of the Bond Registrar. <br />Notice of redemption shall be given by first class mail, <br />postage prepaid, mailed not less than thirty (30) days prior <br />to the redemption date, to each Holder of Bonds to be <br />redeemed, at the address appearing in the Bond Register. All <br />notices of redemption shall state: <br /> <br />(a) The redemption date; <br /> <br />(b) The redemption price; <br /> <br />(c) If less than all outstanding Bonds are to be <br />redeemed, the identification (and, in the case of partial <br />redemption, the respective principal amounts) of the <br />Bonds to be redeemed; <br /> <br />(d) That on the redemption date, the redemption <br />price will become due and payable upon each such Bond, <br />and that interest thereon shall cease to accrue from and <br />after said date; and <br /> <br />(e) The place where such Bonds are to be <br />surrendered for payment of the redemption price (which <br />shall be the office of the Bond Registrar). <br /> <br />Notices to Midwest Securities Trust Company or its <br />nominee shall contain the CUSIP numbers of the Bonds. If <br />there are any Holders of the Bonds other than the Depository <br />or its nominee, the Bond Registrar shall use its best efforts <br />to deliver any such notice to the Depository on the business <br />day next preceding the date of mailing of such notice to all <br />other Holders. <br />
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