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<br /> <br /> <br /> <br /> <br /> <br /> thereof, plus accrued interest to the date fixed for prepay- <br /> ment or redemption. At least 30 days prior to the date <br /> fixed for any redemption of Bonds or portions thereof prior <br /> to maturity a written notice of such redemption shall be <br /> published once in a financial publication, journal, or <br /> reporter of general circulation among securities dealers in <br /> the City of New York, New York (including, but not limited <br /> to, The Bond Buyer and The Wall Street Journal), or in the <br /> State of Texas (including, but not limited to, The Texas <br /> Bond Reporter). Such notice also shall be sent by the <br /> Paying Agent/Registrar by United States mail, first class <br /> postage prepaid, not less than 30 days prior to the date <br /> fixed for any such redemption, to the registered owner of <br /> each Bond to be redeemed at its address as it appeared on <br /> the 45th day prior to such redemption date; provided, <br /> however, that the failure to send, mail, or receive such <br /> notice, or any defect therein or in the sending or mailing <br /> thereof, shall not affect the validity or effectiveness of <br /> the proceedings for the redemption of any Bond, and it is <br /> hereby specifically provided that the publication of such <br /> notice as required above shall be the only notice actually <br /> required in connection with or as a prerequisite to the <br /> redemption of any Bonds or portions thereof. By the date <br /> fixed for any such redemption due provision shall be made <br /> with the Paying Agent/Registrar for the payment of the <br /> required redemption price for the Bonds or portions thereof <br /> which are to be so redeemed, plus accrued interest thereon <br /> to the date fixed for redemption. If such written notice of <br /> redemption is published and if due provision for such <br /> payment is made, all as provided above, the Bonds or por- <br /> tions thereof which are to be so redeemed thereby automatic- <br /> ally shall be treated as redeemed prior to their scheduled <br /> maturities, and they shall not bear interest after the date <br /> fixed for redemption, and they shall not be regarded as <br /> being outstanding except for the right of the registered <br /> owner to receive the redemption price plus accrued interest <br /> from the Payinq Aqent/Registrar out of the funds provided <br /> for such payment. If a portion of any Bond shall be re- <br /> deemed a substitute Bond or Bonds having the same maturity <br /> date, bearing interest at the same rate, in any denomination <br /> or denominations in any integral multiple of $5,000, at the <br /> written request of the registered owner, and in aggregate <br /> principal amount equal to the unredeemed portion thereof, <br /> will be issued to the registered owner upon the surrender <br /> thereof for cancellation, at the expense of the Issuer, all <br /> ag provided in the Bond Ordinance. <br /> THIS BOND OR ANY PORTION OR PORTIONS HEREOF IN ANY <br /> INTEGRAL MULTIPLE OF $5,000 may be assigned and shall be <br /> transferred only in the Registration Books of the Issuer <br /> kept by the Paying Agent/Registrar actinq in the capacity of <br /> registrar for the Bonds, upon the terms and conditions set <br /> forth in the Bond Ordinance. Among other requirements for <br /> 18 <br />