Ordinance 1963-93 - Laserfiche WebLink

sinking fund requirement with respect to such maturity for any fiscal year preceding such last fiscal year. C. Notice of Call. Unless waived by any holder of 1993 Bonds to be redeemed, official notice of any such redemption shall be given by the Bonds Registrar or behalf of the City by mailing a copy of an official redemption notice by first class mail, postage prepaid, at least 30 days and not more than 60 days prior to the date fixed for redemption to the registered owner of such Bond or Bonds to be redeemed at the address shown on the Bond Register or at such other address as is furnished in writing by such registered owner to the Bond Registrar. All official notices of redemption shall be dated and shall state: (1) the redemption date, (2) the redemption price, (3) if less than all outstanding 1993 Bonds are to be redeemed, the identification (and, in the case of partial redemption, the respective principal amounts) of the 1993 Bonds to be redeemed, (4) that on the redemption date the redemption price will become due and payable upon each such Bond or portion thereof called for redemption, and that interest thereon shall cease to accrue from and after said date, and (5) the place where such Bonds are to be surrendered for payment of the redemption price, which place of payment shall be the principal office of the Bond Registrar. On or prior to any redemption date, the City shall deposit with the Bond Registrar an amount of money sufficient to pay the redemption price of all the Refunding Funds or portions of such Bonds which are to be redeemed on that date. The requirements of this section shall be deemed to be complied with when notice is mailed as provided, whether or not it is actually received by the owner of any 1993 Bond. -15- FWWO4E.DOC 93/1 one