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07-23-1986 Council Agenda
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07-23-1986 Council Agenda
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BOND REGISTRAR: <br />CUSIP NUMBERS: <br />DELIVERY: <br />The successful bidder will name the <br />Registrar and paying agent which <br />shall be subject to applicable SEC <br />regulations and to the approval of <br />the Issuer. Principal will be <br />payable at the main corporate <br />office of the Registrar and <br />interest will be payable by check <br />or draft of the Registrar mailed to <br />the registered holder of the bond <br />at his address as it appears on the <br />books of the Registrar. The Issuer <br />will pay reasonable and customary <br />Charges for the services of the <br />Registrar. <br />If the bonds qualify for assignment <br />of CUSIP numbers such numbers will <br />be printed on the bonds, but <br />neither the failure to print such <br />numbers on any bond nor any error <br />with respect thereto shall <br />constitute cause for a failure or <br />refusal by the Purchaser thereof to <br />accept delivery of and pay for the <br />bonds in accordance with terms of <br />the purchase contract. The CUSIP <br />Service Bureau charge for the <br />assignment of CUSIP identification <br />numbers shall be paid by the <br />Purchaser. <br />Forty days after award subject to <br />approving legal opinion of Briggs <br />and Morgan, Professional <br />Association, of St. Paul and <br />Minneapolis, Minnesota. Bond <br />printing and legal opinion will be <br />paid by Issuer and delivery will be <br />anywhere in the continental United <br />States without cost to the <br />Purchaser. Legal opinion will be <br />printed on the bonds at the request <br />of the successful bidder. <br />
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