CCRes_85-23 - Laserfiche WebLink

Home Browse Search

9. The Bonds shall be executed on behalf of the Citv by the signatures of its Mayor and Clerk-Treasurer and be • sealed with the seal of the City; provided, however, that the seal of the City may be a printed facsimile; provided further that both of such signatures may be printed facsimiles and the corporate seal may be omitted on the Ronds as permitted by law. In the event of disability or resignation or other absence of_ either such officer, the Bonds may be signed by the manual or facsimile signature of that officer who may act on behalf of such absent or disabled officer. In case either s»ch officer whose signature or facsimile of whose signature shall appear on the Bonds shall cease to be such officer before the delivery of the Bonds, such signature or facsimile shall nevertheless be valid and sufficient for all purposes, the same as if he or she had remained in office until delivery. 10. No Bond shall be valid or obligatory for any purpose or be entitled to any security or benefit under this resolution unless and until a Certificate of Authentication on such Bond, substantially in the form hereinabove set forth, shall have been duly executed by an authorized representative of the Bond Registrar. Certificates of Authentication on different Bonds need not be signed by the same person. 'r'he Bond Registrar shall authenticate the signatures of officers of the City on each Bond by execution of the Certificate of Authentication on the Bond and by inserting as the date of registration in the space provided the date on which the Rond . is authenticated, except that for purposes of delivering the original Bonds to the Purchaser, the Bond Registrar shall insert as a date of registration the date of original issue, which date is June 1, 1985. The executed Certificate of_ Authentication on each Rond shall be conclusive evidence that it has been authenticated and delivered under this resolution. 11. The City will cause to be kept at the principal office of the Bond Registrar a bond register in which, subject to such reasonable regulations as the Rond Registrar may prescribe, the Bond Registrar shall provide for the registration of Ronds and the registration of transfers of Bonds entitled to be registered or transferred as herein provided. Upon surrender for transfer of any Rond at the principal office of the Bond Registrar, the City shall execute (if necessary), and the Bond Registrar shall authenticate, insert the date of registration (as provided in paragraph 1Q) and deliver, in the name of the designated transferee or transferees, one. or more new Bonds of any authorized 13 •