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AG 2004 03 15
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AG 2004 03 15
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Last modified
3/9/2006 9:19:10 PM
Creation date
11/27/2017 11:37:27 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
3/15/2004
Board
Board of Commissioners
Meeting Type
Regular
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At the office of the Bond Registrar, in the manner and subject to the conditions provided <br /> in the Resolution, Bonds may be exchanged for an equal aggregate principal amount of Bonds of <br /> the same maturity, of authorized denominations and beating interest at the same rate. <br /> <br /> The Bond Registrar shall keep at its office the books of the Issuer for the registration of <br />transfer of Bonds. The transfer of this Bond may be registered only upon such books and as <br />otherwise provided in the Resolution upon the surrender hereof to the Bond Registrar together <br />with an assignment duly executed by the registered owner hereof or his attorney or legal <br />representative in such form as shall be satisfactory to the Bond Registrar. Upon any such <br />registration of transfer, the Bond Registrar shall authenticate and deliver in exchange for this <br />Bond a new Bond or Bonds, registered in the name of the transferee, of authorized <br />denominations, in an aggregate principal amount equal to the unredeemed principal amount of <br />this Bond, of the same maturity and bearing interest at the same rate. <br /> <br /> The Bond Registrar shall not be required to exchange or regis,ter the transfer of any Bond <br />during a period beginning at the opening of business 15 days before the day of the mailing of a <br />notice of redemption of Bonds or any portion thereof and ending at the close of business on the <br />day of such mailing or of any Bond called for redemption in whole or in part pursuant to the <br />Resolution. <br /> <br /> It is hereby certified and recited that all acts, conditions and things required by the <br />Constitution and laws of North Carolina to happen, exist and be performed precedent to and in <br />the issuance of this Bond have happened, exist and have been performed in regular and due form <br />and time as so required; that provision has been made for the levy and collection of a direct <br />annual tax upon all taxable property within the geographic boundaries of the..Is, suer sufficient to <br />pay the principal of and the interest on this Bond as the same shall become due; and that the total <br />indebtedness of the Issuer, including this Bond, does not exceed any constitutional or statutory <br />limitation thereon. <br /> <br /> [The following paragraphs through the Certificate of Authentication <br /> are to appear on the front side of printed Bonds.] <br /> <br /> This Bond shall not be valid or become obligatory for any purpose or be entitled to any <br />benefit or security under the Resolution until this Bond shall have been authenticated by the <br />execution by the Bond Registrar of the certificate of authentication endorsed hereon. <br /> <br />13_ <br /> <br /> <br />
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