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<br />. <br /> <br />. <br /> <br />. <br /> <br />shall be transferable upon the Bond Register by the holder <br />thereof in person or by its attorney duly authorized in <br />writing, upon surrender of the bond to be transferred together <br />with a written instrument of transfer satisfactory to the City <br />Administrator, duly executed by the holder or its duly <br />authorized attorney. Upon such transfer, the City will cause a <br />new bond or bonds to be issued in the name of the <br />transferee(s), in the principal amount then remaining unpaid, <br />bearing interest at the same rate and maturing on the same <br />date, and the City Administrator shall note the date of <br />registration and the name and address of the new holder in the <br />Bond Register. The City may deem and treat the person in whose <br />name a bond is last registered in the Bond Register as the <br />absolute owner thereof, whether or not the principal balance or <br />any part thereof is overdue, for the purpose of receiving <br />payment of or on account of the principal balance or interest <br />and for all other purposes. <br /> <br />The motion for the adoption of the foregoing resolutions <br />was duly seconded by Councilmember Do~el <br />The following voted in favor of adoption of such resolution: <br /> <br />Mayor Gunkle, CO"lJ_ncilmef1bers Docel, Schuldt, Tralle and Eolmgren <br /> <br />and the following voted against the adoption of the proposed <br />resolution: <br /> <br />None <br /> <br />Whereupon, such resolution was declared duly adopted. <br /> <br />SBS:BT6 <br /> <br />5. <br />