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Agenda 11/14/2000
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Agenda 11/14/2000
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12/22/2000 4:36:08 PM
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12/22/2000 3:20:15 PM
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City Council
Meeting Date
11/14/2000
City Council - Category
Agendas
City Council - Type
General
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scheduled interest payment dates provided for above. VRA shall deliver to the City a certificate as <br />to increase in interest rates and the amount of Supplemental Interest. The certificate shall set forth <br />in reasonable detail the basis for the increase in interest rates and the manner of calculation of the <br />increase and the amount of Supplemental Interest. The certificate shall be conclusive (absent <br />manifest error) as to the interest rate increase and amount of Supplemental Interest set forth therein. <br />In determining the interest rate increase and the amount of Supplemental Interest, VKA may use any <br />reasonable averaging and attribution methods. <br /> <br /> Keference is hereby made to the Ordinance and to all of the provisions thereof to which any <br />holder of this Bond by his acceptance hereof hereby assents, for definitions of terms; the description <br />of and nature and extent of the security for the Bond; the conditions upon which the Ordinance may <br />be amended or supplemented without the consent of the holder of this Bond and upon which it may <br />be amended only with the consent of the holder of the Bond affected thereby; the fights and <br />remedies of the holder hereof with respect hereto; the rights, duties and obligations of the City; the <br />provisions discharging the Ordinance as to this Bond and for the other terms and provisions of the <br />Ordinance. <br /> <br /> This Bond shall not be valid or obligatory for any purpose unless the certificate of <br />authentication hereon has been duly executed by the Registrar and the date of authentication <br />inserted hereon. <br /> <br /> IN WITNESS WF!'F, REOF, the City ofMartinsville, Virginia~ by its City Council has <br />caused this Bond to be signed by the Mayor and attested by the Clerk of said Council, by their <br />manual or facsimile signatures, and its seal to be impressed or imprinted hereon, and this Bond to be <br />dated as set forth above. <br /> <br />(SEAL) <br /> <br />Clerk of the City Council <br /> <br />Mayor of the City of Maninsville <br /> <br />CERTWICATE OF AUTI-1EN~CATION <br />This Bond is the Bond described in the within-mentioned Ordinance. <br /> <br /> REGISTRAR - <br /> <br />By: <br />Its: <br /> <br />DATE OF AUTHENTICATION: <br /> <br /> <br />
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