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Ordinance 3173-10
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Ordinance 3173-10
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11/3/2016 10:46:10 AM
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Ordinances
Ordinance Number
3173-10
Date
3/3/2010
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Section 14. Lost, Stolen or Destroyed Bonds. In case any Bond or Bonds shall be lost, <br /> stolen or destroyed, the Bond Registrar may execute and deliver a new Bond or Bonds of like <br /> date, number and tenor to the Registered Owner thereof upon the Registered Owner's paying the <br /> expenses and charges of the City and the Bond Registrar in connection therewith and upon <br /> his/her filing with the City evidence satisfactory to the City that such Bond was actually lost, <br /> stolen or destroyed and of his/her ownership thereof, and upon furnishing the City and/or the <br /> Bond Registrar with indemnity satisfactory to the City and the Bond Registrar. <br /> Section 15. Severability. If any one or more of the covenants or agreements provided <br /> in this ordinance to be performed on the part of the City shall be declared by any court of <br /> competent jurisdiction to be contrary to law, then such covenant or covenants, agreement or <br /> agreements, shall be null and void and shall be deemed separable from the remaining covenants <br /> and agreements of this ordinance and shall in no way affect the validity of the other provisions of <br /> this ordinance or of the Bonds. <br /> -25- P:120287 CMW20287 8RS 02/08/10 <br />
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