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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 />Not more than 60 days nor less than 30 days before the redemption date of any Bonds to <br /> <br /> <br />be redeemed, whether such redemption be in whole or in part, the County shall cause a notice of <br /> <br /> <br />such redemption to be filed with the Bond Registrar and to be mailed, postage prepaid, to the <br /> <br /> <br />registered owner of each Bbnd to be redeemed in whole or in part at the address of said owner <br /> <br /> <br />appearing upon the registration books of the County; provided, however, so long as a book-entry <br /> <br /> <br />system is used for determining beneficial ownership of the Bonds, such notice shall be given to <br /> <br /> <br />the Securities Depository Nominee by certified or registered mail or by such other method as the <br /> <br /> <br />County may determine to ibe necessary or advisable with the concurrence of the Securities <br /> <br /> <br />Depository. Failure to mail such notice or any defect therein as to any Bond or portion thereof <br /> <br /> <br />shall not affect the validity of the redemption as to any Bond or portion thereof for which such <br /> <br /> <br />notice was given as required hereby. Each such notice shall set forth the date designated for <br /> <br /> <br />redemption, the redemptioniprice to be paid and the maturities of the Bonds to be redeemed. In <br /> <br /> <br />the event that Certificated :Bonds are outstanding, each such notice to the registered owners <br /> <br /> <br />thereof shall also set forth, if less than all of the Bonds of any maturity then outstanding shall be <br /> <br /> <br />called for redemption, the distinctive numbers and letters, if any, of such Bonds to be redeemed <br /> <br /> <br />and, in the case of any Bo~d to be redeemed in part only, the portion of the principal amount <br /> <br /> <br />thereof to be redeemed. It' any Bond is to be redeemed in part only, the notice of redemption <br /> <br /> <br />shall state also that on or after the redemption date, upon surrender of such Bond, a new Bond or <br /> <br /> <br />Bonds in principal amount ~qual to the unredeemed portion of such Bond will be issued. <br /> <br />The County shall haye the right to revoke any call of Bonds for redemption if, on or prior <br /> <br />to the third (3rd) business day preceding any date fixed for redemption of Bonds, the County <br /> <br />gives written notice to the iBond Registrar and the registered owner of each Bond theretofore <br /> <br />18 <br /> <br />f""- 5 <br />
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