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Ordinance 1924-93
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Ordinance 1924-93
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4/27/2017 11:22:54 AM
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Ordinances
Ordinance Number
1924-93
Date
1/20/1993
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Bond or Bonds to be redeemed at the address shown on the Bond <br /> Register or at such other address as is furnished in writing by <br /> such registered owner to the Bond Registrar . <br /> All official notices of redemption shall be dated and shall <br /> state : <br /> (a) the redemption date; <br /> (b) the redemption price; <br /> (c) if less than all outstanding Bonds are to be <br /> redeemed, the identification (and, in the case of partial <br /> redemption, the respective principal amounts) of the Bonds to be <br /> redeemed; <br /> (d) that on the redemption date the redemption price <br /> will become due and payable upon each such Bond or portion <br /> thereof called for redemption, and that interest thereon shall <br /> cease to accrue from and after said date; and <br /> (e) the place where such Bonds are to be surrendered <br /> for payment of the redemption price, which place of payment shall <br /> be the principal office of the Bond Registrar. <br /> Prior to any redemption date, the City shall deposit with <br /> the Bond Registrar an amount of money sufficient to pay the <br /> redemption price of all the Bonds or portions of Bonds which are <br /> to be redeemed on that date. <br /> Official notice of redemption having been given as <br /> aforesaid, the Bonds or portions of Bonds so to be redeemed <br /> shall, on the redemption date, become due and payable at the <br /> redemption price therein specified, and from and after such date <br /> -11- FWWOOH.DOC 93/01/08 <br />
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