Laserfiche WebLink
Bonds shall mature and shall bear interest at the rates set forth <br />in the table attached as Exhibit A. <br /> <br /> Section 3. APPOINTMENT OF PAYING AGENT, REGISTRAR AND <br />TRANSFER AGENT. The City Council hereby appoints Bank of America <br />National Trust and Savings Association as paying agent, registrar <br />and transfer agent for the bonds in accordance with an agreement <br />between the City and Bank of America. <br /> <br /> Section 4. FORM AND EXECUTION. Bonds shall be issued as <br />fully registered bonds substantially in the form set forth as <br />Exhibit B to this resolution. The bonds shall be signed by the <br />City Clerk and the City Treasurer and the seal of the City shall be <br />affixed. Both signatures and seal may be reproduced on the bonds <br />by facsimile, but upon its registration or reregistration each bond <br />shall be authenticated by the manual signature of the registrar. <br /> <br /> The paying agent shall assign to each bond authenticated <br />and registered by it a distinctive letter, or number, or letter and <br />number, and shall maintain a record thereof which shall be <br />available to the City for inspection. <br /> <br /> Section 5. ESTABLISHMENT OF SPECIAL FUNDS. For <br />administering the proceeds of the sale of bonds and payment of <br />interest and principal on the bonds, there are hereby established <br />five funds to be known as the refunding fund, the redemption fund, <br />the special reserve fund, the investment earnings fund, and the <br />arbitrage rebate fund, respectively, for Dublin Canyon Road <br />Reassessment District No. 1990-1. <br /> <br />2 <br /> <br /> <br />