RES 67055 - Laserfiche WebLink

19 City, evidencing the same debt as the Bonds surrendered, and shall be entitled to all the benefits and protection of this Resolution to the same extent as the Bonds ih exchange for which they were executed and delivered. SECTION 2.09. Bonds Mutilated, Lost or Destroyed. In case any Bond shall become mutilated in respect of the body of such Bond or the coupons, if any, appertaining thereto, or shall be believed by the City to have been destroyed, stolen or lost, upon proof of ownership satisfactory to the City and upon the sur- render of such mutilated Bond with its coupons, if any, at the office of the Fiscal Agent or at any other office or agency of the City maintained for such purpose, or upon the receipt of evidence satisfactory to the City of such destruction, theft or loss, and upon receipt also of indemnity satisfactory to the City, and upon payment of all expenses incurred by the City for any investigation relating thereto, and for each new Bond issued under this Section, the City shall execute and deliver at the office of the Fiscal Agent a new Bond or Bonds of the same maturity and for the same aggregate principal amount, with the coupons, if any, appertaining thereto, of like tenor and date, bearing the same issue number or numbers, with such notations as the City shall determine, in exchange and substitution for and upon cancellation of the mutilated Bond and its coupons, if any, or in lieu of and in substitution for the Bond and its coupons, if any, so destroyed, stolen or lost. If any such destroyed, stolen or lost Bond shall have matured, payment of the amount due thereon may be made by the City, upon receipt of like proof, indem- nity and payment of expenses. Any duplicate Bonds or coupons issued pursuant to this Section 2;0~ shall be entitled to equal and proportionate benefits with all other Bonds issued here- under. Neither the City, the Fiscal Agent nor any Paying Agent shall be required to treat both the original Bond and any duplicate Bond as being outstanding for the purpose of determining the principal amount o£ Bonds whichlmay be issued hereunder or for the purpose of determining any percentage of Bbnds outstanding hereunder, but both the original and duplicate Bond shall be treated as one and the same. SECTIO~ 2.10. Temporary Bonds. Until definitive Bonds of any series shall be prepared, the City may cause to be executed and delivered .in l~_ieu of such definitive Bonds and subject to the same provisions, limitations and conditions as are applicable in the case of definitive Bonds, except that they may be in any denominations authorized by the City and shall be registrable as to both principal and interest and may be discharged from registration in the same manner and subject to the same provisions herein contained applicable to definitive Bonds, one or more temporary, printed, lithographed, typed or engraved Bonds in bearer form without coupons, or with one or more coupons, as may be authorized by the City, substantially of the same tenor and, until exchanged for definitive Bonds, entitled and subject to the same benefits and provisions of this Resolution as defini- tive Bonds of the same series and maturity. Temporary Bonds shall be exchangeable