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Resolution 2005-074
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Resolution 2005-074
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8/5/2025 2:40:26 PM
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[Bonds maturing December 1, I and shall be subject to mandatory <br />redemption prior to maturity pursuant to the sinking fund requirements of this Section 2.05 at a <br />redemption price equal to the stated principal amount thereof plus interest accrued thereon to the <br />redemption date, without premium. The Registrar shall select for redemption, by lot or other <br />manner deemed fair, on December 1 in each of the following years the following stated principal <br />amounts of such Bonds: <br />Year Principal Amount <br />The remaining $ stated principal amount of such .Bonds shall be paid at maturity on <br />December 1, <br />Year Principal Amount <br />The remaining $ stated principal amount of such Bonds shall be paid at maturity on <br />December 1, <br />Notice of redemption shall be given as provided in the preceding paragraph.] <br />2.06. Preparation and Delivery. The Bonds shall be prepared under the direction of the <br />City Administrator and shall be executed on behalf of the City by the signatures of the Mayor <br />and the City Administrator, provided that said signatures may be printed, engraved, or <br />lithographed facsimiles thereof in case any officer whose signature, or a facsimile of whose <br />signature, shall appear on the Bonds shall cease to be such officer before the delivery of any <br />Bond, such signature or facsimile shall nevertheless be valid and sufficient for all purposes, the <br />same as if such officer had remained in office until delivery. Notwithstanding such execution, <br />no Bond shall be valid or obligatory for any purpose or entitled to any security or benefit under <br />this Resolution unless and until a certificate of authentication on such Bond has been duly <br />executed by the manual signature of an authorized representative of the Registrar. Certificates of <br />authentication on different Bonds need not be signed by the same representative. The executed <br />certificate of authentication on each Bond shall be conclusive evidence that it has been <br />authenticated and delivered under this Resolution. When the Bonds have been so executed and <br />authenticated, they shall be delivered to DTC on behalf the Purchaser upon payment of the <br />N <br />
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