Ord 2007-008 - Laserfiche WebLink

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to mterest checks or drafts bemg mailed to the registered Owner at the close of business on the Record Date, the word "Cede & Co " 10 thiS Ordmance shall refer to such new nommee of DTC (c) The execution and delivery of the Representation Letter IS hereby ratIfied and confirmed, and the provlSlons thereof shall be fully applicable to the CertIficates SectiOn 3 10 Successor SecuntIes DeposItorv: Transfer Outside Book-Entrv Only SYstem. In the event that the CIty or the Paymg Agent/Registrar determmes that DTC IS mcapable of dlschargmg ItS responsibilitIes described herem and 10 the RepresentatiOn Letter, and that It IS in the best interest of the benefiCIal owners of the CertIficates that they be able to obtam certIficated CertIficates, or 10 the event DTC dlscontmues the services described herem, the City or the Paying Agent/Reglstrar shall (i) appomt a successor secuntles depOSitory, qualified to act as such under SectiOn I7(a) of the Secunties and Exchange Act of 1934, as alTlended, notify DTC and DTC PartICIpants, as Identified by DTC, of the appomtlnent of such successor securities depOSItory and transfer one or more separate CertIficates to such successor securities depOSItory or (ii) notify DTC and DTC PartICIpants, as identIfied by DTC, of the availability through DTC of CertIficates and transfer one or more separate CertIficates to DTC PartICIpants havmg CertIficates credIted to theIr DTC accounts, as Identified by DTC In such event, the Certificates shall no longer be restncted to bemg regIstered 10 the RegIster 10 the name of Cede & Co , as nommee of DTC, but may be regIstered 10 the nalTle of the successor secuntles depOSItory, or ItS nommee, or in whatever nalTle or nalTles Owners transfernng or exchangmg CertIficates shall deSignate, 10 accordance wIth the provlSlons of thIs Ordmance SectiOn 3 II Payments to Cede & Co Notwlthstandmg any other proVISiOn of thIs Ordmance to the contrary, so long as any CertIficates are regIstered 10 the nalTle of Cede & Co, as nommee ofDTC, all payments wIth respect to pnnclpal of, premIUm, If any, and mterest on such Certificates, and all notices wIth respect to such CertIficates, shall be made and given, respectively, 10 the manner proVided 10 the RepresentatiOn Letter. ARTICLE IV REDEMPTION OF CERTIFICATES BEFORE MATURITY SectiOn 4 01 LImItatiOn on RedemptiOn, The Certificates shall be subJect to redemptiOn before scheduled matunty only as proVIded 10 thIS ArtIcle IV SectiOn 402 OptiOnal RedemptiOn, (a) The City reserves the optiOn to redeem the CertIficates matunng on and after February 15, 2017,10 whole or from tIme to tIme 10 part, before theIr scheduled matunty date, on February 15, 2016, or on any date thereafter (such redemptiOn date or dates to be fixed by the CIty) at a pnce equal to the princIpal alTlount of the Certificates called for redemptiOn plus accrued mterest from the most recent mterest payment date on whIch mterest has been paId or duly proVIded for to the redemptIOn date San Marcos CTRCO 2007A. Ordinance 12