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Agenda - 06-23-2004-8c
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Agenda - 06-23-2004-8c
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Last modified
8/29/2008 7:04:07 PM
Creation date
8/29/2008 10:22:48 AM
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BOCC
Date
6/23/2004
Document Type
Agenda
Agenda Item
8c
Document Relationships
Minutes - 20040623
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2004
RES-2004-053 Resolution regarding publication of Bond Orders
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2000-2009\2004
RES-2004-054 Resolution Providing Final Approval of Terms & Documents for County’s 2004 Installment Financing
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2000-2009\2004
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i~ <br />The Bonds must be signed by the manual or facsimile signature of the <br />Board's Chair, must be countersigned by the manual or facsimile signature of the <br />Board's Clerk or any Assistant Clerk, and the County's seal must be affixed thereto <br />or a facsimile thereof printed thereon. No Bond will be valid unless at least one of <br />the signatures appearing on such Bond (which may be the signature of the LGC's <br />representative required by law) is manually applied or until such Bond has been <br />authenticated by the manual signature of an authorized officer or employee of a <br />bond registrar selected by the County. <br />9. Fir:ance Officer as Registrar; Payments to Registered Owners -- The <br />Finance Officer is appointed Registrar for the Bonds, As Registrar, the Finance <br />Officer will maintain appropriate books and records of the ownership of the Bonds. <br />The County will treat the registered owner of each Bond as the person exclusively <br />entitled to payment of principal, premium, if any, and interest and the exercise of <br />all rights and powers of the owner, except that interest payments will be made to <br />the person shown as owner on the registration books on the 15th day of the month <br />preceding each interest payment date. <br />I0. Advertisi~:g Bonds for Sale -- The Finance Officer, in collaboration <br />with the LGC, is authorized and directed to take all proper steps to advertise the <br />Bonds in accordance with customary LGC procedures, including through the use <br />of a "Notice of Sale" document in the LGC's customary form. The Finance Officer <br />is authorized and directed to review and approve a form of Notice of Sale as he <br />may determine to be in the County's best interest. <br />ll. LGC To Sell Bonds -The County asks the LGC to sell the Bonds, to <br />receive and evaluate bids and to award the Bonds to the successful purchaser. <br />I2. Conepleting Official Statement after Sale -- After bids have been <br />received and the LGC has awarded the Bonds to the successful purchaser, the <br />Finance Officer is authorized and directed to prepare, in collaboration with the <br />LGC, a final Official Statement containing, among such other matters as may be <br />appropriate, information required pursuant to Rule 15c2-12 ("Rule 15c2-12") <br />promulgated by the United States Securities and Exchange Commission under the <br />United States Securities Act of 1934, as amended. The County, together with the <br />LGC, will arrange for the delivery within seven business days of the date the <br />Bonds are sold of a reasonable number of copies of the final Official Statement to <br />Orange 04 GO bond resolution BR <br />
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