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1980 - 06-16-80 Regular Meeting
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1980 - 06-16-80 Regular Meeting
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7/2/2009 3:10:14 PM
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7/2/2009 3:09:15 PM
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Admin-Clerk
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Minutes
Committee
Board of Commissioners
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9 y~,E 713 <br />E° <br />calendar year or :)_art_ thereof :.Nee-: redemption date <br />and the maturity date of eac-: -,ond to ~-e redeemea, DroVidec <br />t::at such premium _shall not e_--eed twc percent (2%) o <br />such principal amount. if less then all of the bonds of any <br />aturit; are caller for retie- -io = bonds t'o be receeTed <br />shall be selected by lot. If_ess tha- all of the bonds of <br />different maturities are Calle= for re=emotion, t_ bonds to <br />be redeemed shall be called the inverse order of their <br />maturities. Whenever the Cou tv shall elect to redeen bonds, <br />notice of such. redemption of --=ds, Statinc the redemption <br />cafe, redemption price and ice-tifvinc the bonds to be redeemed <br />by reference to their numbers _:C 1urt'-_- statlnG -1. at on such <br />redemption date there shall =ome due and payable upon each <br />bond so to be redeemed, the _---cipal __.ereof, redemption <br />remium and interest accrued t_ the eruption date and that <br />_`rom and a_ter S_,C_-, Cate intE_=st there shall cease to <br />accrue, shall be given, IJy DLY-I_catlOn at least Once in a <br />financial ne;+spaper ^nblishef the C---.- and State of ::e;•: '_or}- <br />and at least once in a newsDa_ of ce-e-al circGlatlon pubis:ed <br />in the County of Lee not le_s than vs nor more t_'ia': 50 <br />Cavs prior to the reCemioticP.CG__ fixed in said notice. <br />T_t '_s .:erebk Cer tand _S_i ted Lat all COn di t_O;': s, <br />a'ct's and th-ncs recuired by t-- Cons=-=-j o71 or statutes Of -he <br />state <br />of <br />-th Carolina to e_•___ _ __:ormiec or ha DDen DrE C~Oen_ <br />Ivo <br />_ <br />t'o or <br />in <br />the issuance Of <br />-~-C, e_•_' s _ have been <br />Der-Ori`'.eC <br />Gn .Y: <br />G\:e <br />Y1G✓✓E:I E'C, and _.a <br />:ll'v l.- bond, <br />y _ <br />VOCE <br />-c = <br />_ _ - 1s l''n <br />eVer ~=_.t <br />
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