Laserfiche WebLink
or customary terms, or if the City determines that it is in the best interests of the <br />City that the Beneficial Owners be issued certificates for the Bonds, the Bonds <br />shall no longer be registered in the name of the Nominee, but may be registered in <br />whatever name or names the Holder of the Bonds shall designate at that time, in <br />accordance with paragraph 11 hereof. To the extent that the Beneficial Owners <br />are designated as the transferee by the Holders, the Bonds will be delivered to the <br />Beneficial Owners. <br /> <br /> (d) Letter of Representations. The provisions in the Letter of Representations <br />(the City's execution and delivery of which being hereby ratified and confirmed) are <br />incorporated herein by reference and made fully a part of this Resolution to the same <br />extent as if set forth in full herein, and if and to the extent that any provisions of this <br />Resolution or the Bonds are inconsistent or in conflict with the provisions of the Letter of <br />Representations, the provisions in the Letter of Representations shall control. <br /> <br /> 2. Title; Original Issue Date; Maturities; Denominations. The Bonds shall be titled <br />"General Obligation Water Revenue Bonds, Series 2003B," shall be dated December 9, 2003, as <br />the date of original issue, and shall be issued forthwith on or after such date as fully registered <br />bonds. The Bonds shall be numbered from R-1 upward in the denomination of $5,000 each or in <br />any integral multiple thereof of a single maturity. The Bonds shall mature on February 1 in the <br />following years and amounts, respectively: <br /> <br />Year Amount Year Amount <br /> <br />2005 $105,000 2010 $200,000 <br />2006 175,000 2011 210,000 <br />2007 180,000 2012 220,000 <br />2008 185,000 2013 230,000 <br />2009 195,000 2014 235,000 <br /> <br /> As may be permitted in the offering of the Bonds and as may be requested by the <br />Purchaser, one or more term Bonds may be issued having mandatory sinking fund redemption <br />and final maturity amounts conforming to the foregoing principal repayment schedule, and <br />corresponding additions or other changes may be made to the form of the Bonds <br /> <br /> The principal amounts of the Bonds are hereby allocated between the portion thereof <br />issued to refund the 1993 Bonds (the "1993 Refunding Bonds"), the portion thereof issued to <br />refund the 1994 Bonds (the "1994 Refunding Bonds"), and the portion thereof issued to finance <br />the Improvements (the "Nonrefunding Bonds"), respectively, as follows: <br /> <br />1580841vl 5 <br /> <br /> <br />