Laserfiche WebLink
6 <br />4854-7635-7637.1 <br />(g) Taxes, Fees and Charges. For every transfer or exchange of Bonds, the <br />Registrar may impose a charge upon the owner thereof sufficient to reimburse the Registrar <br />for any tax, fee or other governmental charge required to be paid with respect to such <br />transfer or exchange. <br /> <br />(h) Mutilated, Lost, Stolen or Destroyed Bonds. In case any Bond shall become <br />mutilated or be destroyed, stolen or lost, the Registrar shall deliver a new Bond of like <br />amount, number, maturity date and tenor in exchange and substitution for and upon <br />cancellation of any such mutilated Bond or in lieu of and in substitution for any such Bond <br />destroyed, stolen or lost, upon the payment of the reasonable expenses and charges of the <br />Registrar in connection therewith; and, in the case of a Bond destroyed, stolen or lost, upon <br />filing with the Registrar of evidence satisfactory to it that such Bond was destroyed, stolen <br />or lost, and of the ownership thereof, and upon furnishing to the Registrar of an appropriate <br />bond or indemnity in form, substance and amount satisfactory to it, in which both the City <br />and the Registrar shall be named as obligees. All Bonds so surrendered to the Registrar <br />shall be canceled by it and evidence of such cancellation shall be given to the City. If the <br />mutilated, destroyed, stolen or lost Bond has already matured or been called for redemption <br />in accordance with its terms it shall not be necessary to issue a new Bond prior to payment. <br /> <br />(i) Authenticating Agent. The Registrar is hereby designated authenticating <br />agent for the Bonds, within the meaning of Minnesota Statutes, Section 475.55, <br />Subdivision 1. <br /> <br />(j) Valid Obligations. All Bonds issued upon any transfer or exchange of <br />Bonds shall be the valid obligations of the City, evidencing the same debt, and entitled to <br />the same benefits under this Resolution as the Bonds surrendered upon such transfer or <br />exchange. <br /> <br /> 2.07. Execution; Authentication and Delivery. The Bonds shall be prepared under the <br />direction of the Finance Director and shall be executed on behalf of the City by the manual or <br />facsimile signatures of each of the Mayor and the City Clerk, provided that all signatures may be <br />printed, engraved, or lithographed facsimiles of the originals. In case any officer whose signature, <br />or a facsimile of whose signature, shall appear on the Bonds shall cease to be such officer before <br />the delivery of an y Bond, such signature or facsimile shall nevertheless be valid and sufficient for <br />all purposes, the same as if such officer had remained in office until delivery. Notwithstanding <br />such execution, no Bond shall be valid or obligatory for any purpose or entitled to any security or <br />benefit under this Resolution unless and until a certificate of authentication on such Bond has been <br />duly executed by the manual signature of the Registrar. The executed certificate of authentication <br />on each Bond shall be conclusive evidence that it has been authenticated and delivered under this <br />Resolution. When the Bonds have been so executed and authenticated, they shall be delivered by <br />the Finance Director to the Purchaser upon payment of the purchase price in accordance with the <br />contract of sale heretofore made and executed. <br /> <br /> 2.08. Securities Depository. <br /> <br />(a) For purposes of this section the following terms shall have the following meanings: