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2013_0311_packet
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2013_0311_packet
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3/13/2013 3:30:00 PM
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5313747v2 <br /> <br /> 11 <br />8. Execution. The Bonds shall be in typewrit ten form, shall be executed on behalf of <br />the City by the signatures of its Mayor and Manger and be sealed with the seal of the City; <br />provided, as permitted by law, both signatures may be photocopied facsimiles and the corporate <br />seal has been omitted. In the event of disability or resignation or other absence of either officer, <br />the Bonds may be signed by the manual or facs imile signature of the officer who may act on <br />behalf of the absent or disabled officer. In ca se either officer whose si gnature or facsimile of <br />whose signature shall appear on th e Bonds shall cease to be such o fficer before the delivery of <br />the Bonds, the signature or facsimile shall nevert heless be valid and sufficient for all purposes, <br />the same as if the officer had remained in office until delivery. <br />9. Authentication. No Bond shall be valid or obligatory for any purpose or be <br />entitled to any security or bene fit under this resolution unless a Certificate of Authentication on <br />such Bond, substantially in the form hereinabove set forth, sha ll have been duly executed by an <br />authorized representative of the Bond Registrar. Certificates of Au thentication on different <br />Bonds need not be signed by the same person. The Bond Registrar shall authenticate the <br />signatures of officers of the City on each Bond by execution of the Certific ate of Authentication <br />on the Bond and by inserting as the date of regi stration in the space provided the date on which <br />the Bond is authenticated, except that for purpos es of delivering the original Bonds to the <br />Purchaser, the Bond Registrar shall insert as a date of registration the date of original issue of <br />April 1, 2013. The Certificate of Authentication so executed on each Bond shall be conclusive <br />evidence that it has been authenticate d and delivered under this resolution. <br />10. Registration; Transfer; Exchange. The City will cause to be ke pt at the principal <br />office of the Bond Registrar a bond register in wh ich, subject to such re asonable regulations as <br />the Bond Registrar may prescribe, the Bond Regist rar shall provide for th e registration of Bonds <br />and the registration of transfers of Bonds entitle d to be registered or transferred as herein <br />provided. <br />Upon surrender for transfer of any Bond at th e principal office of the Bond Registrar, the <br />City shall execute (if necessary), and the Bond Registrar shall auth enticate, insert the date of <br />registration (as provided in paragr aph 9) of, and deliver, in the na me of the designated transferee <br />or transferees, one or more new Bonds of any Authorized Denomination or Denominations of a <br />like aggregate principal amount, having the same stat ed maturity and interest rate, as requested <br />by the transferor; provided, however, that no Bond may be registered in bla nk or in the name of <br />"bearer" or similar designation. <br />At the option of the Holder, Bonds may be exchanged for Bonds of any Authorized <br />Denomination or Denominations of a like aggreg ate principal amount and stated maturity, upon <br />surrender of the Bonds to be exchanged at the prin cipal office of the Bond Registrar. Whenever <br />any Bonds are so surrendered for exchange, the City shall execute (if necessary), and the Bond <br />Registrar shall authenticate, inse rt the date of registration of, and deliver the Bonds which the <br />Holder making the exchange is entitled to receive. <br />All Bonds surrendered upon any exchange or tran sfer provided for in this resolution shall <br />be promptly canceled by the Bond Registrar and th ereafter disposed of as directed by the City.
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