Browse
Search
Agenda - 05-17-1994 - V-A
OrangeCountyNC
>
Board of County Commissioners
>
BOCC Agendas
>
1990's
>
1994
>
Agenda - 05-17-94 Regular Mtg.
>
Agenda - 05-17-1994 - V-A
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/23/2015 12:27:54 PM
Creation date
2/23/2015 12:27:40 PM
Metadata
Fields
Template:
BOCC
Date
5/17/1994
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
V-A
Document Relationships
Minutes - 19940517
(Linked From)
Path:
\Board of County Commissioners\Minutes - Approved\1990's\1994
RES-1994-019 Resolution Providing for the Issuance of $30,000,000 School Bonds, Series 1994
(Linked From)
Path:
\Board of County Commissioners\Resolutions\1990-1999\1994
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
27
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
a <br /> 11 <br /> The Bonds maturing prior to February 1, 2005 are not subject <br /> to redemption prior to maturity. The Bonds maturing on February 1, <br /> 2005 and thereafter may be redeemed, at the option of said County, <br /> from any moneys that may be made available for such purpose, either <br /> in whole or in part on any date not earlier than February 1, 2004, <br /> at the principal amount of the Bonds to be redeemed, together with <br /> interest accrued thereon to the date fixed for redemption, plus a <br /> redemption premium of 1/2 of 1% of the principal amount of each <br /> Bond to be redeemed for each period of 12 months or part thereof <br /> between the redemption date and the maturity date of such Bond, <br /> such premium not to exceed 2% of such principal amount. <br /> If less than all of the Bonds of any one maturity shall be <br /> called for redemption, the particular Bonds or portions of Bonds of <br /> such maturity to be redeemed shall be selected by lot in such <br /> manner as said County in its discretion may determine; provided, <br /> however, that the portion of any Bond to be redeemed shall be in <br /> the principal amount of $5, 000 or some multiple thereof and that, <br /> in selecting Bonds for redemption, each Bond shall be considered as <br /> representing that number of Bonds which is obtained by dividing the <br /> principal amount of such Bond by $5, 000 and, further, that The. <br /> Depository Trust Company, New York, New York ("DTC") will determine <br /> by lot the amount of interest of each direct participant of DTC in <br /> such Bonds to be redeemed so long as a book-entry system with DTC <br /> is continued. <br /> 9 <br />
The URL can be used to link to this page
Your browser does not support the video tag.