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CC RES 90-043 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR PAYMENT OF $1,500,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1991A
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CC RES 90-043 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR PAYMENT OF $1,500,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1991A
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RES 1990
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CC RES 90-043 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR PAYMENT OF $1,500,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 1991A
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2.07. Execution. Authentication and Delivery. The Bonds shall be <br /> prepared under the direction of the Clerk and shall be executed on behalf of the <br /> Issuer by the signatures of the Mayor and the Manager, provided that all signatures <br /> may be printed, engraved or lithographed facsimiles of the originals. In case any <br /> officer whose signature or a facsimile of whose signature shall appear on the Bonds <br /> shall cease to be such officer before the delivery of any Bond, such signature or <br /> facsimile shall nevertheless be valid and sufficient for all purposes, the same as if he <br /> or she had remained in office until delivery. Notwithstanding such execution, no <br /> Bond shall be valid or obligatory for any purpose or entitled to any security or <br /> benefit under this Resolution unless and until a certificate of authentication on <br /> such Bond has been duly executed by the manual signature of an authorized <br /> representative of the Registrar. Certificates of authentication on different Bonds <br /> need not be signed by the same representative. The executed certificate of <br /> 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 <br /> prepared, executed and authenticated, the Finance Officer shall deliver them to the <br /> Purchaser upon payment of the purchase price in accordance with the contract of <br /> sale heretofore made and executed, and the Purchaser shall not be obligated to see to <br /> the application of the purchase price. <br /> 2.08. Form of Bonds. The Bonds shall be printed in substantially the <br /> following form: <br /> • <br /> • -5- <br />
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