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1980-075 CRA
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1980-075 CRA
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Last modified
1/3/2012 12:23:08 PM
Creation date
3/8/2005 11:38:49 AM
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City Clerk
Doc Type
Resolution
Doc #
CRA 1980-75
Date
7/1/1980
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<br />be in default, then Fully Registered Bonds issued in 1 ieu of Bonds surrendered <br />for transfer or exchange shall be dated as of the date to which interest has <br />been paid in full on the Bonds surrendered. <br /> <br />206. Legends. The Bonds may contain or have endorsed thereon such <br />provisions, specifications and descriptive words, not inconsistent with the <br />provisions of this Resolution, as may be necessary or desirable to comply with <br />custom, or otherwise, as may be determined by the Agency prior to the del ivery <br />thereof. <br /> <br />207. <br /> <br />Execution and Authentication. <br /> <br />(A) The Bonds shall be executed in the name of the Agency by the <br />manual or facsimile signature of its Chairman or its Vice Chairman and its <br />corporate seal (or a facsimile thereof) shall be thereunto affixed, imprinted, <br />engraved, or otherwise reproduced, and attested by the manual or facsimile <br />signature of its Secretary. In case anyone or more of the officers who shall <br />have signed or sealed any of the 80nds shall cease to be such officer before <br />the Bonds so signed and sealed shall have been actually del ivered, such Bonds <br />may, nevertheless, be del ivered as herein provided, and may be issued as if <br />the persons who signed or sealed su ch 80nds had not çeased to hold such <br />offices. Any Bond may be signed and sealed on behalf of the Agency by such <br />persons as at the actual time of the execut i on of such Bond shall be dul y <br />authorized or hold the proper office in the Agency, although at the Issue Date <br />of the Bonds such persons may not have been so authorized or have held such <br />office. <br /> <br />(B) The coupons attached to a coupon Bond shall be signed by the <br />facs imil e signa ture of the Secretary of the Agency or in such other manner as <br />may be required by 1 aw and the Agency may adopt and use for that purpose the <br />facsimile signature of any person or persons who shall have been Secretary of <br />the Agency at any time on or after the Issue Date of any such Bond, <br />notwithstanding that such person may not have been such Secretary at the Issue <br />Date of any such Bond or may have ceased to be such Secretary at the time when <br />any such Bond shall be actually delivered. <br /> <br />(C) Only Bonds authenticated by the endorsement thereon of a <br />certificate substantially in the form to be set forth in the Supplemental <br />Resolution and executed. by a duly authorized officer of the Trustee shall be <br />val i d and become ob 1 i ga tory for any purpose under, be secured by, and be <br />entitled to the benefits of, this Resolution; and every such certificate of <br />the Trustee upon any Bond purporting to be secured hereby shall be conclusive <br />evidence that the Bond so authenticated has been duly issued hereunder and <br />that the Holder is entitled to the benefit of the trust hereby created. <br />Before authenticating and del ivering any coupon Bond hereunder, the Trustee <br />shall remove and cancel any coupons thereon then matured except coupons in <br />default. <br /> <br />208. Interchangeability of Bonds. Coupon Bonds, upon surrender thereof <br />at the Principal Office of the Trustee with all unmatured coupons attached <br /> <br />17 <br /> <br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />. <br />
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