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1991.01.07 RESO 1991-0001
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1991.01.07 RESO 1991-0001
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City Council
Document Type
Resolutions
Meeting Date
1/7/1991
Meeting Type
Regular
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respect to the Bonds (the "Bond Registrar"), and shall do so <br />unless and until a successor Bond Registrar is duly appointed. A <br />successor Bond Registrar shall be an officer of the City or a <br />bank or trust company eligible for designation as bond registrar <br />pursuant to Minnesota Statutes, Chapter 475, and may be appointed <br />pursuant to any contract the City and such successor Bond <br />Registrar shall execute which is consistent herewith. The Bond <br />Registrar shall also serve as paying agent unless and until a <br />successor paying agent is duly appointed. Principal and interest <br />on the Bonds shall be paid to the Holders (or record holders) of <br />the Bonds in the manner set forth in the forms of Bond and <br />paragraph 14 of this resolution. <br />9. Forms of Bond. The Bonds shall be in the form of <br />Global Certificates unless and until Replacement Bonds are made <br />available as provided in paragraph 6. Each form of bond may <br />contain such additional or different terms and provisions as to <br />the form of payment, record date, notices and other matters as <br />are consistent with the Letter of Representations and approved by <br />Bond Counsel. <br />A. Global Certificates. The Global Certificates, <br />together with the Certificate of Registration, the Register of <br />Partial Payments, the form of Assignment and the registration <br />information thereon, shall be in substantially the following form <br />and may be typewritten rather than printed: <br />11676 <br />10 <br />
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