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7/17/2007 8:34:33 AM
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12/2/2004 8:03:52 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8744
Resolution Title
Awarding the sale of $2,200,000 General Obligation Improvement Bonds, Series 18
Resolution Date Passed
1/27/1992
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<br />other than a City officer. Such request shall specify the <br />principal amount of Bonds to be called for redemption and the <br />redemption date. <br /> <br />Mailed notice of redemption shall be given to the <br />paying agent (if other than a City officer) and to each affected <br />Holder. If and when the City shall call any of the Bonds for <br />redemption and paYment prior to the stated maturity thereof, the <br />Bond Registrar shall give written notice in the name of the City <br />of its intention to redeem and pay such Bonds at the office of <br />the Bond Registrar. Notice of redemption shall be given by first <br />class mail, postage prepaid, mailed not more than sixty (60) and <br />not less than thirty (30) days prior to the redemption date, to <br />each Holder of Bonds to be redeemed, at the address appearing in <br />the Bond Register. All 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 <br />partial redemption, the respective principal <br />amounts) of the Bonds to be redeemed; <br /> <br />(d) That on the redemption date, the redemption price <br />will become due and payable upon each such Bond, <br />and that interest thereon shall cease to accrue <br />from and after said date; and <br /> <br />(e) The place where such Bonds are to be surrendered <br />for paYment of the redemption price (which shall <br />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 and shall <br />conform to any additional requirements set forth in the Letter of <br />Representations. If there are any Holders of the Bonds other <br />than the Depository or its nominee, the Bond Registrar shall use <br />its best efforts to deliver any such notice to the Depository on <br />the business day next preceding the date of mailing of such <br />notice to all other Holders. <br /> <br />8. Bond Reaistrar. The Finance Director of the City <br />is appointed to act as bond registrar and transfer agent with <br />respect to the Bonds (the "Bond Registrar"), and shall do so <br />unless and until a successor Bond Registrar is duly appointed. A <br />successor Bond Registrar shall be an officer of the City or a <br />bank or trust company eligible for designation as bond registrar <br /> <br />26250 <br /> <br />9 <br />
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