RES-2022-024-Resolution for the Sale of School Bonds

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certificate prior to the initial delivery of the Bonds designating prepayment terms and conditions . This certificate will be conclusive evidence of the Finance Officer ' s determination of these terms and conditions . 6 . Form of Bonds; Payment Details - - The Bonds will be designated " General Obligation School Bonds , Series 2022 . " The Bonds will be in substantially the form set out in Exhibit A . The Bonds will be dated the date of their initial issuance, will be in fully registered form, will be in denominations of $ 5 , 000 and integral multiples thereof and will be numbered for identification from R- 1 upward . The Bonds must be signed by the manual or facsimile signature of the Board ' s Chair or the County Manager, and the County ' s seal must be affixed to the Bonds ( or a facsimile of the seal printed on the Bonds ) and attested by the manual or facsimile signature of the Clerk to this Board or any Deputy or Assistant Clerk. No Bond will be valid unless at least one of the signatures appearing on the Bond (which may be the signature of the LGC ' s representative required by law) is manually applied or until the Bond has been authenticated by the manual signature of an authorized officer or employee of a bond registrar selected by the Finance Officer . Interest on each Bond will be payable semiannually ( a) from its date, if it is j authenticated prior to the first interest payment date , or (b ) otherwise from the interest payment date that is , or immediately precedes, the date on which it is f authenticated (unless payment of interest is in default, in which case such Bond will bear interest from the date to which interest has been paid) . Principal and interest will be payable in lawful money of the United States of America . i The Board directs the Finance Officer to execute a certificate prior to the initial delivery of the Bonds designating the final aggregate principal amount of the Bonds (up to the maximum authorized amount of $ 14 , 540 , 000 ) , the final principal payment schedule, and the interest payment dates for the Bonds . This certificate will be conclusive evidence of the Finance Officer' s approval and determination of these matters .