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Resolution 2004-090
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Resolution 2004-090
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The following abbreviations, when used in the inscription on the face of this Bond., shall be <br />construed as though they were written out in full according to the applicable laws or regulations: <br />TEN COM - as tenants in common UTMA ................... as Custodian for ..................... <br />(Gust) (Minor) <br />TEN ENT - as tenants by the entireties under Uniform Transfers to Minors Act .......: <br />(State) <br />JT TEN -- as joint tenants with right of survivorship and not as tenants in common <br />Additional abbreviations may also be used. <br />ASSIGNMENT <br />For value received, the undersigned hereby sells, assigns and transfers unto <br />the within Bond and all rights thereunder, and does hereby irrevocably constitute and appoint <br />attorney to transfer the said Bond on the books kept for registration of the <br />within Bond; with full power of substitution in the premises. <br />Dated: <br />NOTICE: The assignor's signature to this assignment must <br />correspond with the name as it appears upon the face of the <br />within Bond in every particular, without alteration or <br />enlargement or any change whatsoever. <br />Signature Guaranteed: <br />Signature(s) must be guaranteed by an "eligible guarantor institution" meeting the requirements <br />of the Registrar, which requirements include membership or participation in STAMP or such <br />other "signature guaranty program" as may be determined by the Registrar in addition to or in <br />substitution for STAMP, all in. accordance with the Securities Exchange Act of 1934, as <br />amended. <br />PLEASE INSERT SOCIAL SECURITY OR OTHER. IDENTIFYING NUMBER OF <br />ASSIGNEE: <br />[end of bond form] <br />SECTION 3. GENERAL OBLIGATION CAPITAL IMPROVEMENT PLAN BONDS, <br />SERIES 2004A CONSTRUCTION FUND. There is hereby established on the official books <br />and records of the City a separate fund designated the General Obligation Capital Improvement <br />Plan Bonds, Series 2004A Construction Fund (the Construction. Fund). To the Construction <br />Fund there shall be credited from the proceeds of the Bonds, exclusive of unused discount, <br />accrued and capitalized interest, if any, an amount equal to the estimated cost of the <br />improvements. All proceeds of the Bonds deposited in the Construction Fund will be expended <br />solely for the payment of the costs of the improvements, and all construction costs and expenses <br />11 <br />
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