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Last modified
7/17/2007 8:34:36 AM
Creation date
12/2/2004 8:03:55 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
8745
Resolution Title
Awarding the sale of $20,035,000 of Tax Increment Refunding Bonds
Resolution Date Passed
1/27/1992
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<br />Resolution are on file in the principal office of the Bond <br />Registrar. <br /> <br />Transfer. This Bond is transferable by the Holder in <br />person or by his, her or its attorney duly authorized in writing <br />at the principal office of the Bond Registrar upon presentation <br />and surrender hereof to the Bond Registrar, all subject to the <br />terms and conditions provided in the Resolution and to reasonable <br />regulations of the Issuer contained in any agreement with, or <br />notice to, the Bond Registrar. Thereupon the Issuer shall <br />execute and the Bond Registrar shall authenticate and deliver, in <br />exchange for this Bond, one or more new fully registered Bonds in <br />the name of the transferee (but not registered in blank or to <br />"bearer" or similar designation), of an authorized denomination <br />or denominations, in aggregate principal amount equal to the <br />principal amount of this Bond, of the same maturity and bearing <br />interest at the same rate. <br /> <br />Fees UDon Transfer or Loss. The Bond Registrar may <br />require paYment of a sum sufficient to cover any tax or other <br />governmental charge payable in connection with the transfer or <br />exchange of this Bond and any legal or unusual costs regarding <br />transfers and lost Bonds. <br /> <br />Treatment of Reqistered Owner. The Issuer and Bond <br />Registrar may treat the person in whose name this Bond is <br />registered as the owner hereof for the purpose of receiving <br />paYment as herein provided (except as otherwise provided on the <br />reverse side hereof with respect to the Record Date) and for all <br />other purposes, whether or not this Bond shall be overdue, and <br />neither the Issuer nor the Bond Registrar shall be affected by <br />notice to the contrary. <br /> <br />Authentication. This Bond shall not be valid or become <br />obligatory for any purpose or be entitled to any security unless <br />the Certificate of Authentication hereon shall have been executed <br />by the Bond Registrar. <br /> <br />Not Oualified Tax-ExemDt Obliqations. The Bonds have <br />not been designated by the Issuer as "qualified tax-exempt <br />obligations" for purposes of Section 265(b) (3) of the federal <br />Internal Revenue Code of 1986, as amended. <br /> <br />2695 7 <br /> <br />29 <br />
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