My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
SA-3 - RESO TAX ALLOCATION BOND
Clerk
>
Agenda Packets / Staff Reports
>
Successor Agency (Formerly the Community Redevelopment Agency) (1974-Present)
>
SUCCESOR AGENCY (2012 - PRESENT)
>
2018
>
07/17/2018
>
SA-3 - RESO TAX ALLOCATION BOND
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/12/2018 5:35:37 PM
Creation date
7/12/2018 5:27:26 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
7/17/2018
Destruction Year
2023
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
146
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Section 2.03 Form of Series 2018 Bonds. The Series 2018 Bonds, the Trustee's <br />authentication and registration endorsement, and the assignment to appear thereon shall be <br />substantially in the form attached hereto as Appendix A. <br />Section 2.04 Redemption of Series 2018 Bonds. <br />(a) Optional Redemption of Series 2018A Bonds. The Series 2018A Bonds maturing <br />on or after September 1, 20_, are subject to optional redemption before maturity on or after <br />September 1, 20. at the option of the Agency, in whole or in part, on any date, at a redemption <br />price equal to the principal amount of the Series 2018A Bonds to be redeemed, plus accrued but <br />unpaid interest to the redemption date. <br />(b) Optional Redemption of Series 2018B Bonds. The Series 2018B Bonds are not <br />subject to optional redemption. <br />Section 2.05 Notice of Redemption. In the case of any redemption of Bonds, the <br />Trustee shall give notice, as hereinafter in this section provided, that Bonds, identified by serial <br />numbers, Series and maturity date (and interest rate in the case of bifurcated maturities), have <br />been called for redemption and, in the case of Bonds to be redeemed in part only, the portion of <br />the principal amount thereof that has been called for redemption (or if all the Outstanding Bonds <br />are to be redeemed, so stating, in which event such serial numbers may be omitted), that they <br />will be due and payable on the date fixed for redemption (specifying such date) upon surrender <br />thereof at the Principal Corporate Trust Office, at the redemption price (specifying such price), <br />together with any accrued interest to such date, and that all interest on the Bonds, the respective <br />series of Bonds, or portions thereof, as applicable, so to be redeemed will cease to accrue on and <br />after such date and that from and after such date such Bond or such portion shall no longer be <br />entitled to any lien, benefit or security under the Indenture, and the Owner thereof shall have no <br />rights in respect of such redeemed Bond or such portion except to receive payment from such <br />moneys of such redemption price plus accrued interest to the date fixed for redemption. <br />Such notice shall be mailed by first class mail, postage prepaid, at least twenty (20) but <br />not more than sixty (60) days before the date fixed for redemption, to the Security Depository, <br />the MSRB and the Owners of such Bonds, or portions thereof, so called for redemption, at their <br />respective addresses as the same shall last appear on the Bond Register. No notice of redemption <br />need be given to the Owner of a Bond to be called for redemption if such Owner waives notice <br />thereof in writing, and such waiver is filed with the Trustee prior to the redemption date. Neither <br />the failure of an Owner to receive notice of redemption of Bonds hereunder nor any error in such <br />notice shall affect the validity of the proceedings for the redemption of Bonds. <br />Any notice of redemption may be expressly conditional and may be rescinded by Written <br />Request of the Agency given to the Trustee not later than the date fixed for redemption. Upon <br />receipt of such Written Request of the Agency, the Trustee shall promptly mail notice of such <br />rescission to the same parties that were mailed the original notice of redemption. <br />Section 2.06 Selection of Bonds for Redemption. Whenever less than all the <br />Outstanding Bonds of any one maturity are to be redeemed on any one date, the Trustee shall <br />select the particular Bonds to be redeemed by lot (subject in the case of such redemption of <br />4150-2542-5420.3 18 <br />40990-25 <br />SA -3-36 <br />
The URL can be used to link to this page
Your browser does not support the video tag.