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Agenda 05-20-25; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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Agenda 05-20-25; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various Capital Investment Plan Projects
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5/15/2025 10:58:23 AM
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BOCC
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5/20/2025
Meeting Type
Business
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Agenda
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6-a
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Agenda for May 20, 2025 BOCC Meeting
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36 <br /> unable to determine those rules, by registered or certified mail, return receipt <br /> requested); <br /> (ii) With respect to any 202S Bonds for which no book-entry-only system <br /> of registration is in effect, to each of the registered owners of those 202S Bonds at <br /> their addresses as shown on the Trustee's registration books, by registered or <br /> certified mail; and <br /> (iii) In any case, both (A) to the MSRB for posting on the EMMA System and <br /> (B) to the LGC. <br /> Notwithstanding anything to the contrary in this Supplemental Agreement, <br /> the County acknowledges and agrees that the Trustee is not acting as the disclosure <br /> or dissemination agent for purposes of Rule 1Sc2-12 in connection with any notice <br /> to be posted with the MSRB via the EMMA System. <br /> Failure to give any notice specified in (i) or (ii), as applicable, or any defect in <br /> that notice, will not affect the validity of any proceedings for the redemption of any <br /> 202S Bonds with respect to which no failure has occurred. Failure to give any notice <br /> specified in (iii), or any defect in that notice, will not affect the validity of any <br /> proceedings for the redemption of any 202S Bonds with respect to which the notice <br /> specified in (i) or (ii) is correctly given. Any notice mailed as provided in this <br /> Supplemental Agreement will conclusively be presumed to have been given <br /> regardless of whether received by any Owner. <br /> (b) Any redemption notice, except a notice given in respect of a mandatory <br /> sinking fund redemption, may state that the redemption to be effected is <br /> conditioned upon -- <br /> (i) the Trustee's receipt on or prior to the redemption date of moneys <br /> sufficient to pay the principal of and interest on the 202S Bonds to be <br /> prepaid; or <br /> (ii) any other condition not unacceptable to the Trustee. <br /> If a notice contains a condition and the Trustee either (A) does not receive <br /> moneys sufficient to pay the principal of and interest on the 202S Bonds on or <br /> 7 <br />
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