Laserfiche WebLink
8. Execution: Temnorarv Bonds. The Bonds shall be printed (or, at the request of <br />the Purchaser, typewritten) shall be executed on behalf of the City by the signatures of its Mayor <br />and City Manager and be sealed with the seal of the City; provided, however, that the seal of the <br />City may be a printed (or, at the request of the Purchaser, photocopied) facsimile; and provided <br />further that both of such signatures may be printed (or, at the request of the Purchaser, <br />photocopied) facsimiles and the corporate seal may be omitted on the Bonds as permitted by law. <br />In the event of disability or resignation or other absence of either officer, the Bonds may be <br />signed by the manual or facsimile signature of an officer who may act on behalf of the absent or <br />disabled officer. In case either officer whose signature or facsimile of whose signature shall <br />appear on the Bonds shall cease to be such officer before the delivery of the Bonds, the signature <br />or facsimile shall nevertheless be valid and sufficient for all purposes, the same as if the officer <br />had remained in office until delivery. The City may elect to deliver, in lieu of printed definitive <br />bonds, one or more typewritten temporary bonds in substantially the form set forth above, with <br />such changes as may be necessary to reflect more than one maturity in a single temporary bond. <br />The temporary bonds may be executed with photocopied facsimile signatures of the Mayor and <br />City Manager. Such temporary bonds shall, upon the printing of the definitive bonds and the <br />execution thereof, be exchanged therefor and canceled. <br />9. Authentication. No Bond shall be valid or obligatory for any purpose or be <br />entitled to any security or benefit under this resolution unless a Certificate of Authentication on <br />the Bond, substantially in the form hereinabove set forth, shall have been duly executed by the <br />Bond Registrar. The Bond Registrar shall authenticate the signatures of officers of the City on <br />each Bond by execution of the Certificate of Authentication on the Bond and, by inserting as the <br />date of registration in the space provided, the date on which the Bond is authenticated, except <br />that for purposes of delivering the original Bonds to the Purchaser, the Bond Registrar shall <br />insert as a date of registration the date of original issue, which date is March 1,2004. The <br />Certificate of Authentication so executed on each Bond shall be conclusive evidence that it has <br />been authenticated and delivered under this resolution. <br />10. Registration: Transfer; Exchan�e. The City will cause to be kept at the office of <br />the Bond Registrar a bond register in which, subject to such reasonable regulations as the Bond <br />Registrar may prescribe, the Bond Registrar shall provide for the registration of Bonds and the <br />registration of transfers of Bonds entitled to be registered or transferred as herein provided. <br />Upon surrender for transfer of any Bond at the office of the Bond Registrar, the City shall <br />execute (if necessary), and the Bond Registrar shall authenticate, insert the date of registration <br />(as provided in paragraph 9) of, and deliver, in the name of the designated transferee or <br />transferees, one or more new Bonds of any authorized denomination or denominations of a like <br />aggregate principal amount, having the same stated maturity and interest rate, as requested by the <br />transferor; provided, however, that no Bond may be registered in blank 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 aggregate principal amount and stated maturity, upon <br />surrender of the Bonds to be exchanged at the office of the Bond Registrar. Whenever any <br />Bonds are so surrendered for exchange, the City shall execute (if necessary), and the Bond <br />i�i��a�i 1 � <br />