02 GO Refunding Bond Ordinance - Laserfiche WebLink

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cancellation, all in accordance xvith the form and procedures set forth in the Bond Ordinance. The Issuer shall pay the Paying Agent/Registrar's standard or customary fees and charges for transfemng, converting, and exchanging any Bond or any portion thereof, but the one requesting such transfer, conversion, and exchange shall pay any taxes or govemmental charges required to be paid xvith respect thereto as a condition precedent to the exercise of such privilege of conversion and exchange. The Paying Agent/Registrar shall not be required to make any such conversion and exchange (i) during the period commencing xvith the close of business on any Record Date and ending xvith the opening of business on the next folloxving principal or interest payment date, or, (ii) xvith respect to any Bond or portion thereof called for redemption prior to maturity, xvithin 45 days prior to its redemption date. IN THE EVENT any Paying Agent/Registrar for the Bonds is changed by the Issuer, resigns, or otherxvise ceases to act as such, the Issuer has covenanted in the Bond Ordinance that it promptly xvill appoint a competent and legally qualified substitute therefor, and promptly xvill cause xvritten notice thereof to be mailed to the registered oxvners of the Bonds. IT IS HEREBY certified, recited, and covenanted that this Bond has been duly and validly authorized, issued, sold, and delivered; that all acts, conditions, and things required or proper to be performed, exist, and be done precedent to or in the authorization, issuance, and delivery of this Bond have been performed, existed, and been done in accordance xvith lmv; that this Bond is a general obligation of the Issuer, issued on the full faith and credit thereof; and that ad valorem taxes sufficient to provide for the payment of the interest on and principal of this Bond, as such interest and principal come due, have been levied and ordered to be levied against all taxable property in the Issuer, and have been pledged for such payment, xvithin the limit prescribed by lmv. BY BECOMING the registered oxvner of this Bond, the registered oxvner thereby acknoxvledges all of the terms and provisions of the Bond Ordinance, agrees to be bound by such terms and provisions, acknoxvledges that the Bond Ordinance is duly recorded and available for inspection in the official minutes and records of the govemmg body of the Issuer, and agrees that the terms and provisions of this Bond and the Bond Ordinance constitute a contract bet~veen each registered oxvner hereof and the Issuer. IN WITNESS WHEREOF, the Issuer has caused this Bond to be signed xvith the manual or facsimile signature of the Mayor of the Issuer and countersigned xvith the manual or facsimile signature of the City Secretary of the Issuer, and has caused the official seal of the Issuer to be duly impressed, or placed in facsimile, on this Bond. City Secretary Mayor (CITY SEAL) 16