Ordinance 1139-85 - Laserfiche WebLink

payable January 1, 1986, and semiannually thereafter on the first days of each July and January. The Refunding Bonds shall mature on January 1, 1986, and on July 1 of such years and in such amounts, and shall bear interest at such rates as are set forth in the Purchase Contract. The fiscal agencies of the State of Washington in the cities of Seattle, Washington, and New York, New York, shall act as registrar for the Refunding Bonds (collectively, the "Bond Registrar" ) . The Bond Registrar shall maintain the Bond Register. Both principal of and interest on the Bonds shall be payable in lawful money of the United States of America. Interest on the Refunding Bonds shall be paid by check or draft mailed on the date such interest is due to the registered owners or nominees of such owners at the addresses appearing on the Bond Register as of the 15th day of the month preceding the interest payment date. The principal of the Refunding Bonds shall be payable upon presentation and surrender of the Bonds by the registered owners or nominees of such owners at the principal offices of either of the fiscal agencies of the State of Washington in the cities of Seattle, Washington, or New York, New York, at the option of such owners. Upon the surrender thereof to the Bond Registrar, the Refunding Bonds are interchangeable for other Bonds of any authorized denomination in an equal aggregate principal amount and of the same interest rate and maturity date. Bonds may be transferred only if endorsed in the manner provided thereon and surrendered to the Bond Registrar. Such exchange or transfer shall be without cost to the owner or transferee. The Bond Registrar shall not be required to register, transfer or exchange any Bonds which have been called for redemption within a period of twenty (20) days next preceding the date fixed for redemption. -13- WMD202 85/06/10