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Agenda - 02-01-1988
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Agenda - 02-01-1988
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10/20/2016 4:03:59 PM
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BOCC
Date
2/1/1988
Meeting Type
Regular Meeting
Document Type
Agenda
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232 <br /> be made available for such purpose, either in whole on any date <br /> not earlier than June 1, 1998, or in part on any interest payment <br /> date not earlier than June 1, 1998, at the principal amount of <br /> the bonds to be redeemed, together with interest accrued thereon <br /> to the date fixed for redemption, plus a redemption premium of <br /> 1/2 of 1% of the principal amount of each bond to be redeemed for <br /> each calendar year or part thereof between the redemption date <br /> and the maturity date of such bond, such premium not to exceed 2% <br /> of such principal amount. <br /> If less than all of the bonds of any one maturity shall <br /> be called for redemption, the particular bonds or portions of <br /> bonds of such maturity to be redeemed shall be selected by lot by <br /> said County in such manner as said County in its discretion may <br /> determine; provided, however, that the portion of any bond to be <br /> redeemed shall be in the principal amount of $500 or some <br /> multiple thereof and that, in selecting bonds for redemption, the <br /> Bond Registrar shall treat each Bond as representing that number <br /> of bonds which is obtained by dividing the principal amount of <br /> such bond by $500. If less than all of the bonds stated to <br /> mature on different dates shall be called for redemption, the <br /> particular bonds or portions thereof to be redeemed shall be <br /> called in the inverse order of their maturities. <br /> Not more than sixty (60) nor less than thirty (30) days <br /> before the redemption date of any bonds to be redeemed, whether <br /> such redemption be in whole or in part, said County shall cause a T_ __ ' <br /> notice of such redemption to be filed with the Bond Registrar and <br /> mailed, postage prepaid, to the registered owner of each bond to <br /> be redeemed in whole or in part at his address appearing upon the <br /> registration books of said County. On the date fixed for <br /> redemption, notice having been given as aforesaid, the bonds or <br /> portions thereof so called for redemption shall be due and <br /> payable at the redemption price provided for the redemption of <br /> -14- <br /> BROWN Q WOOD.ONE WORLD TRADE CENTER.NEW YORK.N.Y 100413 <br />
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