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AG19800414
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AG19800414
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Last modified
3/28/2003 9:13:23 AM
Creation date
11/27/2017 12:16:16 PM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/14/1980
Board
Board of Commissioners
Meeting Type
Regular
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If ~ess than all of the bonds of any one maturity shall <br />be called for redemption, the particular bonds of such <br />maturity to be redeemed shall ~e selected by lot by said <br />County in such manner as said County in its discretion may <br />determine, and, if less than all of the bonds stated to <br />mature on different dates shall be called for redemption, <br />the particular bonds to be redeemed shall be called in the <br />inverse order of their maturities. <br /> At least thirty (30) days before the redemption date Of <br /> any bonds, whether, such redemption be in Whole or in part, <br /> said county shall cause a notice of such redemption to be <br /> published once in a daily newspaper of general circulation <br /> in the City of Charlotte, North Carolina, and in a daily <br /> newspaper of general circulation or a financial journal dis- <br /> t~ibuted in the Borough of Manhattan, City and State of New <br /> York. On the date designated for redemption, notice having <br /> been published as aforesaid, the bonds so called for redemp- <br /> tion shall become and be due and payable at the redemption <br /> price provided for the redemption of such bonds on such <br /> date, and, if moneys for payment of the redemption price and <br /> the accrued interest are held by the paying agents, interest <br /> on the bonds so called for redemption shall cease to accrue, <br /> the coupons for any such interest payable subsequent to such <br /> redemption date shall be void, the bonds so called for <br /> redemption shall cease to be entitled to any benefit or <br /> security under said order or resolution, and the holders or <br /> registered owners.of the bonds so called for redemption <br /> shall have. no righ6s in respect thereof except to receive <br /> payment of the redemption price thereof and the accrued <br /> interest so held by the paying agents. <br /> <br /> <br />
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