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AG 2006 08 21
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AG 2006 08 21
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Last modified
8/24/2006 1:40:13 PM
Creation date
11/27/2017 11:33:43 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
8/21/2006
Board
Board of Commissioners
Meeting Type
Regular
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<br />principal amount of the Bonds to be redeemed, together with interest accrued thereon to the date <br /> <br />fixed for redemption. <br /> <br />If less than all of the Bonds of anyone maturity shall be called for redemption, the <br /> <br />particular Bonds or portions of Bonds of such maturity to be redeemed shaH be selected by lot in <br /> <br />such manner as the County in its discretion may determine; provided, however, that the portion <br /> <br />of any Bond to be redeemed shall be in the principal amount of $5,000 or some whole multiple <br /> <br />thereof and that, in selecting Bonds for redemption, each Bond shall be considered as <br /> <br />representing that number of Bonds which is obtained by dividing the principal amount of such <br /> <br />Bond by $5,000. If less than all of the Bonds stated to mature on different dates shall be called <br /> <br />for redemption, the particular Bonds or portions thereof to be redeemed shall be called in such <br /> <br />maturities and amounts of those maturities as shall be determined by the County. <br /> <br />Not more than 60 days nor less than 30 days before the redemption date of any Bonds to <br /> <br />be redeemed, whether such redemption be in whole or in part, the County shall cause a notice of <br /> <br />such redemption to be filed with the Bond Registrar and to be mailed, postage prepaid, to the <br /> <br />. registered owner of each Bond to be redeemed in whole or in part at the address of said owner <br /> <br />appearing upon the registration books of the County. Failure to mail such notice or any defect <br /> <br />therein as to any Bond or portion thereof shall not affect the validity of the redemption as to any <br /> <br />Bond or portion thereof for which such notice was given as required hereby. On the date fixed <br /> <br />for redemption, notice of such call for redemption having been given as aforesaid and not <br /> <br />revoked as hereinafter provided, the Bonds or portions thereof called for redemption shall be due <br /> <br />and payable at the redemwtion price provided therefor, plus accrued interest to such date. If <br /> <br />moneys for payment of sljch redemption price and the accrued interest are held by the Bond <br /> <br />Registrar as provided in the Resolution, interest on the Bonds or the portions thereof called for <br /> <br />10 <br /> <br />~-5 <br />
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