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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 />r-- - - ---,--- <br /> <br />. <br /> <br />. <br /> <br />. <br />. <br /> <br />. <br />. <br /> <br />""'""'»""""'¥<' ,.¡,':""M"1J<'ff' <br /> <br />proof shall be such as is permitted by this Article. A certificate or <br />certificates by the Trustee filed with the Trustee that it has examined such <br />proof and that such proof is sufficient in accordance with tHis Article shall <br />be conclusive that the consents have been given by the Holders of the Bonds <br />described in such certificate or certificates of the Trustee. Any such <br />consent shall be binding upon the Holder of the Bonds giving such consent and, <br />anything in this Article to the contrary notwithstanding, upon any subsequent <br />Holder of such Bonds and of any Bonds issued in exchange therefor (whether or <br />not such subsequent Holder thereof has notice thereof), unless such consent is <br />revoked in writing by the Holder of such Bonds giving such consent or a <br />subsequent Holder thereof by filing with the Trus tee pr ior to the time when <br />the written statement of the Trustee hereinafter in this Section 1102 provided <br />for is filed, such revocation and, if such Bonds are transferable by delivery, <br />proof that such Bonds are held by the signer of such revocation in the manner <br />permitted by th is Article. The fact that a consent has not been revoked may <br />likewise be proved by a certificate of the Trustee filed with the Trustee to <br />the effect that no revocation thereof is on file with the Trustee, At any <br />time after the Holders of the required percentages of Bonds shall have filed <br />their consents to the Supplemental Resolution, the Trustee shall make and file <br />with the Agency and the Trustee a written statement that the Hol ders of such <br />required percentages of Bonds have filed such consents, Such written <br />statement shall be conclusive that such consents have been so filed. At any <br />time thereafter, notice, stating in substance that the Supplemental Resolution <br />(which may be referred to as a Supplemental Resolution adopted by the Agency <br />on a stated date, a copy of which is on file with the Trustee) has been <br />consented to by the Holders of the required percentages of Bonds and that the <br />Supplemental Resolution will be effective as provided in this Section 1102, <br />may be given to Bondholders by the Agency by mail ingk such notice to <br />Bondholders (but failure to mail such notice shall not prevent such <br />Supplemental Resolution from becoming effective and binding as in this Section <br />1l02 provided) and by publ ishing the same at least once not more than ninety <br />(90) days after the Holders of the required percentages of Bonds shall have. <br />filed their consents to the Supplemental Resolution and the written statement <br />of the Trustee hereinabove provided for is filed. The Agency shall file with <br />the Trustee proof of the publication of such notice, and, if the same shall <br />have been mailed to Bondholders, of the mailing thereof. A transcript, <br />cons is ting of the papers required or permitted by th i s Sect ion 1l02 to be <br />filed with the Trustee, shall be proof of the matters therein stated. Such <br />Supplemental Resolution making such amendment or modification shall be deemed <br />conclusively binding upon the Agency, the Trustee, each Paying Agent and the <br />Holders of all Bonds and coupons at the expiration of thirty (30) days after <br />the filing with the Trustee of the proof of the first publication of such last <br />mentioned notice, except in the event of a final decree of a court of <br />competent jurisdiction setting aside such Supplemental Resolution in a legal <br />action or equitable proceeding for such purpose commenced within such thirty <br />(30) day period; provided, however, that the Agency, the Trustee and any <br />Paying Agent during such thirty (30) day period and any such further period <br />during which any such action or proceeding may be pending shall be entitled in <br />their absolute discretion to take such action, or to refrain from taking such <br />action, with respect to such Supplemental Resolution as they may deem <br />expedient. <br /> <br />58 <br />
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