1. MIDA Bond-Bethany on 42nd
Laserfiche
>
Public
>
County Commission
>
2008
>
04-21-2008
>
Regular agenda
>
1. MIDA Bond-Bethany on 42nd
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/16/2008 10:43:45 AM
Creation date
4/16/2008 10:41:57 AM
Metadata
Fields
Template:
Commission
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
138
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
<br />Bonds in Section 2.3 hereof. The Issuer agrees to call the Series 2008 Bonds upon the request of the <br />Company, in accordance with the redemption provisions set forth in Sections 2.8, 2.9 and 2.10 <br />hereof. <br /> <br />The Bonds may be transferred and shall be registered and exchanged in the manner and with <br />the effect provided in Section 2.11. <br /> <br />The Bonds and the interest obligation thereon shall never constitute a general obligation of <br />the Issuer within the meaning of any constitutional or statutory provision or limitation and shall <br />never constitute nor give rise to a charge against the general credit or taxing powers of the Issuer, <br />but shall be payable solely from the revenues derived from the Loan Agreement and the Security <br />described in Section 3.1 hereof. <br /> <br />SECTION 2.2. EXECUTION. The Bonds shall be executed on behalf of the Issuer and by the <br />facsimile or manual signature ofthe Chair ofthe Board of County Commissioners of the Issuer and <br />by the facsimile or manual signature of the County Auditor ofthe Issuer. In case any officer of the <br />Issuer whose signature shall appear on the Bonds shall cease to be such officer before the delivery <br />of such Bonds, such signature shall nevertheless be valid and sufficient for all purposes, the same <br />as if such officer had remained in office until delivery. <br /> <br />SECTION 2.3. FORM OF THE BONDS. The Series 2008 Bonds shall be issued in the form of <br />fully registered Bonds, without coupons, in denominations of $5,000 or any integral multiple of <br />$5,000 not exceeding the aggregate principal amount of Series 2008 Bonds of any maturity. Each <br />fully registered Bond shall be numbered consecutively from R-l upwards. <br /> <br />The Bonds shall contain a recital that they are issued pursuant to the Act and may have <br />printed thereon such legend or legends as may be required to comply with any law, rule or regulation <br />or to conform to general usage or practice as determined to be advisable by the Issuer and the <br />Trustee. <br /> <br />The Series 2008 Bonds shall be substantially in the form attached hereto as Exhibit B with <br />such appropriate changes, omissions and insertions as are permitted or required by this Indenture. <br /> <br />SECTION 2.4. AUTHENTICATION AND DELIVERY OF BONDS. No Bond shall be valid or <br />obligatory for any purpose or be entitled to any security or benefit under this Indenture unless a <br />Certificate of Authentication on such Bond, substantially in the form hereinabove set forth, shall <br />have been duly executed manually by an authorized officer of the Trustee. Certificates of <br />Authentication on different Bonds need not be signed by the same person. The Trustee shall <br />authenticate the signatures of officers of the Issuer on each Bond by execution of the Certificate of <br />Authentication on the Bond; and the executed Certificate of Authentication on each Bond shall be <br />conclusive evidence that it has been authenticated and delivered under this Indenture. <br /> <br />2-2 <br />
The URL can be used to link to this page
Your browser does not support the video tag.