1980 - 06-16-80 Regular Meeting - Laserfiche WebLink

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,C N 9 NI,C~ 709 LA the holder or registered owner, at the principal off___ of :Manufacturers Hanover Trust Company, New York, : the United Sta tc_ O. New 1Gr}:, in such CO II] Or CU rren C\' Or America as at the time of payment shall be lecal tenC& for the payment of public and private debts. 6. The bonds maturing on and after June 1, 19011 shall be subject to redemption prior to their stated - turities at the option of the County on or after June 1, 1990, =n whole at any time or in part on any -interest payment daze, a_ a re- demption price equal to the principal amount of each __nG to be redeemed together with accrued interest thereon to -the _redenjption date plus a redemptions preml um of One-half of one p2r. :L (112 of 1%) of the principal amount of each bond to be re6eeme_4 for each calendar year or part thereof between the recer:ption cafe and the maturity date of each bond to be redeemed, provided =C=I such nrem:ium shall not exceed two percent (2%) of Such principal amount. If less than all of the bonds of anv maturit%' are called :or redemption, the bonds to be redeemed sna11 be seie~:tec by lot. 1f less than all o_ the bonds of C1_fereat ffiaLUrl _ie8 are called for redemption, the bonds to be redeemed shall be called in the Inverse order of their -maturities. l';nenever Co'anty snall elect tO redee-: bones, ce of such rece-,ption Of bcn.CS, stating the red°_Tibtion Cate, rece----ion _ ice and identi-v'_.n.c t`:e bonds to he redee-,.ea by reference to tnelr nambers and further stating ~-at on such cede-;ption date there s.-)i -=ccTla due and payable upon ea Ch bond so to be redeemed, t.a _---nr t'iere G=, redemption _ _ =_.i U-. and -cSt aCC•_._'@d -,-o the O?": date and that from a n C after sucP. Cate _..tere s- thereon s_':a11 Cease to accrue, s:mall be Liven pl'cat'c- at least once a -inanc'_al newspaper pULlis_hec - ~f:e City and State G= c.. or:;