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Agenda - 02-17-2003-5b
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Agenda - 02-17-2003-5b
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Last modified
9/2/2008 8:55:21 AM
Creation date
8/29/2008 10:44:12 AM
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BOCC
Date
2/17/2003
Document Type
Agenda
Agenda Item
5b
Document Relationships
Minutes - 20030217
(Linked To)
Path:
\Board of County Commissioners\Minutes - Approved\2000's\2003
RES-2003-013 Resolution for Sale of 2001 Bonds and Refunding of 1993 Bonds
(Linked From)
Path:
\Board of County Commissioners\Resolutions\2000-2009\2003
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6 <br />8. Form of Bonds -- The Bonds will be in substantially the form set out <br />in Exhibit A. The Bonds will be dated April 1, 2003, will be in fully registered <br />form, in denominations of $5,000 and integral multiples thereof, and will be <br />numbered R-1 upward separately within each series or consecutively across the <br />series, as the Finance Officer may determine. <br />The Bonds must be signed by the manual or facsimile signature of the Board's <br />Chair, must be countersigned by the manual or facsimile signature of the Board's <br />Clerk or any Assistant Clerk, and the County's seal must be affixed thereto or a <br />facsimile thereof printed thereon. No Bond will be valid unless at least one of the <br />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 bond <br />registrar selected by the County. <br />9. Finance 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 the <br />person shown as owner on the registration books on the 15th day of the month <br />preceding each interest payment date. <br />10. Advertising Bonds for Sale -- There has been made available to <br />the Board a draft of a Notice of Sale and Bid Form relating to the Bonds (the <br />"Notice of Sale"). The Finance Officer, in collaboration with the LGC, is authorized <br />and directed to take all proper steps to advertise the Bonds for sale substantially in <br />accordance with the draft Notice of Sale, which is approved, provided that the <br />Finance Officer, in collaboration with the LGC, may make such changes in the <br />Notice of Sale not inconsistent with this resolution as such officer may consider to <br />be in the County's best interest. <br />In addition, the Finance Officer is authorized and directed to provide for the <br />publication of a notice of sale of the Bonds, in such form as such officer may <br />determine, at least one time each in both (a) a newspaper having general circulation <br />
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