Ord 2008-038 - Laserfiche WebLink

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shall be 15 days after the Special Record Date) shall be sent at least five business days prior to the Special Record Date by United States mail, first-class postage prepaid, to the address of each owner of a Bond appearing on the Registration Books at the close of business on the last business day next preceding the date of mailing of such notice. ANY ACCRUED INTEREST due at maturity as provided herein shall be paid to the Registered Owner upon presentation and surrender of this Bond for payment at the Designated Payment/Transfer Office of the Paying Agent/Registrar. The City covenants with the Registered Owner of this Bond that on or before each payment date for this Bond it will make available to the Paying Agent/Registrar, from the "Interest and Sinking Fund" crested by the Bond Ordinance, the amounts required to provide for the payment, in immediately avai? _ funds, of all principal of and interest on the Bond, when due. IF THE DATE for the payment of the principal of or it Brest on ?C F,ond shall be a Saturday, Sunday, a legal holiday, or a day on which banking ins ??tions in ? ? City where the principal corporate trust office of the Paying Agent/Registrar ;ry ?oc?. ' ire ? ?horized by law or executive order to close, then the date for such payment sh?'? be l? ? next su????ding daywhich is not such a Saturday, Sunday, legal holiday, or day ? , which ba kin; institu? ions are authorized to close; and payment on such date shall have the same ???. ?nd effe? ?s if made ?n the original date payment was due. THIS BOND is dated Septe??ber 1, 2??'" -??thorizt ? ? cordance with the Constitution and laws of the State of Texas in ? 1? ?rinc gal a??_ nt of .o TO REFUND THE REFUNDED OBLIGATIONS ANL T ?Y THE COSTS ASSOCIATED WITH THE ISSUANCE OF THE BOND. THE BOND maybe red ,emeu any timC prior to its scheduled maturity, at the option of the City, with funds c' l w c,.? fror ? ny wale. ' ? end lawful source, in whole, or from time to time in part, and, if in part ??e particular prix ?ipal ? ls?allments or portions thereof to be redeemed shall be selected and der ?b? ? by the City. ? fonds shall be redeemed at a redemption price equal to the principal ? nount ? ? redeemed plus all accrued and unpaid interest on the principal amount redeemed. NO LESS THAN 30 c ?ys prior to the date fixed for any such redemption, the City shall cause the Paying Agent/Registrar to send notice by United States mail, first-class postage prepaid to the Registered Owner of each Bond to be redeemed at its address as it appeared on the Registration Books of the Paying Agent/Registrar at the close of business on the 45th day prior to the redemption date and to major securities depositories, nationalbondrating agencies andbond information services; provided, however, that the failure to send, mail or receive such notice, or any defect therein or in the sending or mailing thereof, shall not affect the validity or effectiveness of the proceedings for the redemption of the Bond. If the Registered Owner is acting as Paying Agent/Registrar for the Bond, such notice of redemption need not be sent to the Registered Owner. By the date fixed for any such redemption due provision shall be made with the Paying Agent/Registrar for the payment of the required redemption price for the Bond or portions thereof which are to be so redeemed. If due SAN MARCOSI CO Rfdg Bonds2008:Ordinance