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1983-08 CRA
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1983-08 CRA
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Last modified
1/3/2012 12:22:16 PM
Creation date
3/8/2005 10:59:43 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1983-08
Date
4/4/1983
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<br />'0 <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />'-, <br /> <br />and the Fiscal Agent assumes no responsibility for the <br />correctness of them, and makes no representations as to the <br />validity or sufficiency of this Resolution or of the Bonds or <br />coupons, and shall incur no reponsibility in respect thereof, <br />other than in connection with the duties or obligations herein <br />or in the Bonds assigned to or imposed upon the Fiscal Agent. <br />The Fiscal Agent shall not be liable in connection with the <br />performance of its duties hereunder, except for its own <br />negligence or default. <br /> <br />I <br /> <br />The Agency may provide through the Fiscal Agent, <br />during the life of the Bonds, for Paying Agents, (in Chicago, <br />Illinois, and in New York, New York) at the office of which the <br />Bonds and coupons are payable at the option of the Holder. <br /> <br />Section 21. Lost, Stolen, Destroyed or MutilatedBonds <br />or Coupons. In the event that any Bond or any interest <br />coupon appertaining thereto is lost, stolen, destroyed or <br />mutilated, the Agency will cause to be issued a new Bond(s) on <br />reasonable terms and conditions, including the payment of costs <br />and the posting of a surety bond if the Agency deems a surety <br />bond necessary, as may from time to time be determined and <br />prescribed by resolution. The Agency may authorize the new <br />Bond or coupon or coupons to be signed and authenticated in a <br />manner as it determines in the resolution. <br /> <br />Section 22. Cancellation of Bonds. All Bonds and <br />coupons surrendered to the Fiscal Agent or any Paying Agent for <br />payment at maturity or, in the case of call and redemption <br />prior to maturity, at the redemption date, shall upon payment <br />therefor be cancelled immediately and transmitted to the <br />Treasurer or destroyed by the Fiscal Agent at the direction of <br />the Agency, if Bonds are destroyed a certificate of destruction <br />shall forthwith be transmitted to the Treasurer. Any Bonds <br />purchased by the Fiscal Agent, together with all unpaid <br />interest coupons appertaining thereto, shall be cancelled <br />immediately and transmitted to the Treasurer or destroyed. All <br />of the cancelled Bonds and interest coupons not destroyed shall <br />remain in the custody of the Treasurer until destroyed pursuant <br />to due authorization. <br /> <br />Section 23. Amendments, This Resolution, and the <br />rights and obligations of the Agency and of the Holders of the <br />Bonds and coupons issued hereunder, may be modified or amended <br />at any time by supplemental resolution adopted by the Agency: <br />(a) without the consent of Bondholders, if the modification or <br />amendment is for the purpose of adding covenants and agreements <br />further to secure Bond payment, to prescribe further <br />limitations and restrictions on Bond issuance, to surrender <br />rights or privileges of the Agency, to make modifications not <br />affecting any outstanding series of Bonds only with the consent <br />of the Fiscal Agent, for the purpose of curing any ambiguities, <br /> <br />02-22-83 <br />4141P/2306/00 <br /> <br />SA <br /> <br />-24- ¡<f,. 4/ <br />
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