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Ord 1996-032
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Ord 1996-032
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Last modified
9/18/2007 5:57:00 PM
Creation date
6/13/2007 1:59:44 PM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1996-32
Date
4/22/1996
Volume Book
123
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<br /> ?8'4 <br /> - <br /> Section 5.04, Termination. <br /> The City reserves the right to terminate the appointment of any Paying AgentlRegistrar by <br /> delivering to the entity whose appointment is to be terminated a certified copy of a resolution of the <br /> City (i) giving notice of the termination of the appointment and of the Paying AgentlRegistrar <br /> Agreement, stating the effective date of such termination, and (ii) appointing a s~ccessor Paying <br /> AgentlRegistrar. <br /> Section 5,05, Notice of Change to Owners. <br /> <br /> Promptly upon each change in the entity serving as Paying AgentlRegistrar, the City wilt cause <br /> notice of the change to be sent to each Owner by United States mail, first class postage prepaid, at <br /> the address in the Register, stating the effective date of the change and the name of the replacement <br /> Paying Agent/Registrar and the mailing address of its Designated Payment/Transfer Office. <br /> Section 5.06. Agreement to Perform Duties and Functions. <br /> <br /> By accepting the appointment as Paying Agent/Registrar, the Paying Agent/Registrar is <br /> deemed to have agreed to the provisions of this Ordinance and that it will perform the duties and <br /> functions of Paying AgentlRegistrar prescribed hereby, . <br /> Section 5,07, Delivery of Records to Successor. <br /> <br /> If a Paying AgentlRegistrar is replaced, such Paying Agent/Registrar, promptly upon the <br /> appointment of the successor, wilt deliver the Register (or a copy thereof) and all other pertinent <br /> books and records relating to the Bonds to the successor Paying AgentlRegistrar. <br /> ARTICLE VI <br /> FORly! OF THE BONDS <br /> Section 6.01. Form Generallv. <br /> (a) The Bonds, including the Registration Certificate of the Comptroller of Public <br /> Accounts of the State of Texas, the Certificate of the Paying AgentlRegistrar, and the Assignment <br /> form to appear on each of the Bonds, (i) shall be substantially in the form set forth in this Article, with <br /> such appropriate insertions, omissions, substitutions, and other variations as are permitted or required <br /> by this Ordinance, and (ii) may have such [etters, numbers, or other marks of identification (including <br /> identifYing numbers and letters of the Committee on Uniform Securities Identification Procedures of <br /> the American Bankers Association) and such legends and endorsements (including any reproduction <br /> of an opinion of counsel) thereon as, consistently herewith, may be determined by the City or by the <br /> officers executing such Bonds, as evidenced by their execution thereof <br /> ""3A.""""'WWSS,"" DOCS'ORDNCE,"'" 17 <br />
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