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Resolution 2004-090
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Resolution 2004-090
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of Bonds in the form of certificates. In such event, the Bonds will be transferable in accordance <br />with paragraph (e) hereof. DTC may determine to discontinue providing its services with respect <br />to the Bonds at any time by giving notice to the City and the Registrar and discharging its <br />responsibilities with respect thereto under applicable law. In such event the Bonds will be <br />transferable in accordance with paragraph (e) hereof_ <br />(d) The execution and delivery of the Representation Letter to DTC, if not previously <br />filed with DTC, by the Mayor or City Manager is hereby authorized and directed. <br />(e) In the event that any transfer or exchange of Bonds is permitted under paragraph (b) <br />or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar of <br />the Bonds to be transferred or exchanged and appropriate instruments of transfer to the permitted <br />transferee in accordance with the provisions of this resolution. In the event Bonds in the form of <br />certificates are issued to owners other than Cede & Co., its successor as nominee for DTC as <br />owner of all the Bonds, or another securities depository as owner of all the Bonds, the provisions <br />of this resolution shall also apply to all matters relating thereto, including, without limitation, the <br />printing of such Bonds in the form of physical certificates and the method of payment of <br />principal of and interest on such Bonds in the form of physical certificates. <br />2.09. Form of Bonds. The Bonds shall be prepared in substantially the following form: <br />7 <br />
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