Resolution 5267 - Laserfiche WebLink

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� o.�,. . 0 0 • � � C ITY of ORONO . � -- : � . , ti ti RESOLUTION OF THE CITY COUNCIL ��kEsI30g'�G NO. � � � °�' . . . (e) � The execution and delivery of the Representation Letter to DTC by the . Mayor or the City Clerk, is hereUy ratified and confirmed and the terms of the Representation Letter are inade applicable to the Bonds. The Representation Letter incoiporate by reference . certain matters with respect to, among other things, notices, consents and approvals by '-� �registered owners of tlie Bonds and Berieficial Owilers and payinents oii the Bonds. The ' Regist�ar shall have the same rights with respect to its actions thereunder as it has with respect to its actions under this Resolution. (fl In the event that aizy transfer or exchange of Bonds�is pennitted under subparagraph (b) or (c) hereof, such transfer or exchange shall be accomplished upon receipt by the Registrar from the registered owners thereof of the Bonds to be transferred or ' exchanged and appropriate instruments of transfer to the pernutted transferee in accordance with the provisions of paragraph 7 hereof. • - 7. As long as any of the Bonds issued hereunder shall remain outstanding, . . the City shall maintain and lceep at the office of the Bond Registrar an office or agency for the payment of the principal of and interest on such Bonds, as in this Resolution provided, . and for the registration and t�ansfer of such Bonds, and shall also keep at said office of the Bond Regishar books for such registration and transfer. Upon surrender for transfer of any Bond at the office of t11e Bond Registrar with a written insri-ument of transfer satisfactory to the Bond Registrar, duly executed by the reg-istered owner or the owner's duly authorized attorney, and upon payment of any tax, fee or other governmental charge required to be paid with respect to such iransfer, the City shall execute and the Bond Registrar shall authenticate and deliver, in the name of the designated transferee or transferees, one or more fully registered Bonds of the same series, of any authorized denominations and of a like aggregate � principal amount, interest rate and maturity. The Bonds,upon surrender thereof at the office of the Bond Registrar, may, at the option of the registered owner thereof,be exchanged for an � equal aggregate principal amount of Bonds of the same maturity and interest rate of any authorized denominations. In all cases in which the privilege of exchanging Bonds or transferring fully registered Bonds is exercised,the City shall execute and the Bond Registrar ,..:� -.:. .. . ; shall deliver Bonds.,in.accor.dance with.the provisions.,of,this Resolution�For�e�ery such;,�,., ,:.�, , ..�_. � exchange or transfer of Bonds,whether�temporary or definitive, the City or the Bond { Registrar may make a charge sufficient to reimburse it for any tax, fee or other governmental i. charge required to be paid with respect to such exchange or transfer, which sum or sums shall � be paid by the person requesting such exchange or transfer as a condition precedent to the • I . j exercise of the privilege of making such exchange or transfer. Notwithstanding any other !' provision of this Resolution, the cost of preparing each new Bond upon each exchange or � Page 9 of 13