Ord 2008-038 - Laserfiche WebLink

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YEARS AMOUNTS YEARS AMOUNTS 2009 2015 2010 2016 2011 2017 2012 2018 2013 2019 2014 2020 The term "Bond" as used in this Ordinance shall mean and include collectively the bond initially issued and delivered pursuant to this Ordinance and all substitute bonds F hanged therefor, as well as all other substitute bonds and replacement bonds issued pursuant he_ el? Section 3. INTEREST. The Bond shall bear interest on the anpaic? 'once of the principal amount thereof from the date specified in the FORM OF BOND sf forth in l? `??rdinance to the scheduled due date, or date of prepayment or redemption prior to l schedulF ? due date, of the principal installments of the Bond at the rate of % r gym. shall accrue and be payable to the Registered Owner in the manner provided ; nd o' ? the c' ?.tes stated in the FORM OF BOND set forth in this Ordinance. Section 4. CHARACTERISTICS OF -?', BOI??.. (a) Registration, Transfer, Conversion and Exchange; Authentication. The ?. shall keep or cause to be kept at (the "Pay ? Agen+ ??r") boy or records for the registration of the transfer, conversion and exchange o? ° ;and (th, 'Registration Books"), and the City hereby appoints the Paying Agent/Registrar as its 7istrar and ?ansfer agent to keep such books or records and make such registrations of transfers, cols ?Cions ? ?d exchanges under such reasonable regula- tions as the City and Paying Ager ?, ? ?strar n?. _ l escribe; and the Paying Agent/Registrar shall make such registration +ransfe? ?, con- ? ? ins end exchanges as herein provided within three days of presentation in d?? ,and grope, orr ?. Trl eying Agent/Registrar shall obtain and record in the Registration Boo' she address of tl Re< <stered Owner of each Bond to which payments with respect to the r ?nc? '1 be mailed, a? _ ein provided; but it shall be the duty of each Registered Owner to nG y the Pa, -Agent/Registrar in writing of the address to which payments shall be mailed, and suc?l interest p? °nts shall not be mailed unless such notice has been given. The City shall have the right to inspec? t?egistration Books during regular business hours of the Paying Agent/Registrar, but otherwisF, the Paying Agent/Registrar shall keep the Registration Books confidential and, unless otherwise required by law, shall not permit their inspection by any other entity. The Paying Agent/Registrar shall make a copy of the Registration Books available in the State of Texas. The City shall pay the Paying Agent/Registrar's standard or customary fees and charges for making such registration, transfer, conversion, exchange and delivery of a substitute Bond. Registration of assignments, transfers, conversions and exchanges of the Bond shall be made in the manner provided and with the effect stated in the FORM OF BOND set forth in this Ordinance. Each substitute Bond shall bear a letter and/or number to distinguish it from each other Bond. SAN MARCOSI CO Rfdg Bonds2008:Ordinance 3