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ORDINANCE NO. 9416
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ORDINANCE NO. 9416
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Last modified
9/10/2009 12:52:28 PM
Creation date
1/4/2006 6:08:28 PM
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Council Ordinances
CMO_Document_Number
9416
Document_Title
Auth. the issuance & sale of $123,903.20 of improvement bonds & directing that they be advertised for sale, all in accordance w/Chapter 21 of Title 95, OR Compiled Laws Annotated, commonly known as the "Bancroft Bonding Act" as amended.
Adopted_Date
8/22/1949
Approved Date
8/23/1949
CMO_Effective_Date
9/23/1949
Signer
A. L. Hawn, Acting Mayor
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~~~ <br />1 <br />~) THEREON WILL CEASE AT THE INTEREST PAYMENT DATE NEXT FOLLOWING SUCH PUBLICATION, AT THE RATE <br />II OF °~ PER ANNUM, PAYABLE SEMI-ANNUALLY ON THE DAT OF ANO THE <br />~I <br />I! DAY CF , EACH YEAR, ON THE PRESENTATION AND SURRENDER OF THE PROPER <br />II l <br />~I <br />COUPONS HERETO ANNEXED, PRINCIPAL ANO INTEREST PAYABLE AT THE OFFICE OF THE TREASURER <br />' OF THE CITY OF EUGENE, OREGON. THIS IS ONE OF A SERIES OF ®ONDS AUTHORIZED BY CHAPTER 21 I <br />I I <br />OF TITLE 95, OREGON COMPILED SAWS ANNOTATED, AS AMENDED, COMMONLY KNOWN AS THE nBANCROFT <br />~I i <br />j QONDING ACT° AND IS THE GENERAL OBLIGATION OF THE CITY OF EUGENE, OREGON, AND IS-NOT TO <br />I <br />II BE DEEMED OR TAKEN TO BE WITHIN OR TO BE aNY PART OF THE IN DEBTEDNESS OF SAID CITY As '' <br />i <br />II LIMITED BY LAW; AND IT IS FURTHER CERTIFIED THAT ALL THE REQUIREMENTS OF THE LAWS RELATING <br />I~ ' <br />THERETO AND OF THE ISSUANCE HEREOF HAVD BEEN FULLY COMPLIED WI TN BY THE PROPER OFFICERS OF <br />I <br />t <br />it THE SA10 CITY, AND THAT THE TOTAL AMOUNT OF THIS ISSUE DOES NOT EXCEED THE LiM17 PRESCRIBED <br />' BY SALD ACT• <br />I~ THIS BOND IS REDEEMABLE AT THE OFFICE OF THE TREASURER OF SAID CITY OF EUGENE, ' <br />a <br />I' yPON THE PAYMENT OF'THE FACT VALUE THEREOF WITH ACCURED INTEREST AT THE OAT E OF PAYMENT ' <br />I <br />i <br />~ ON ANY SEMI-ANNUAL COUPON INTEREST PAYMENT DATE ON OR AFTER TWO YEARS FROM THE DATE HEREOF ' <br />~i '~ <br />I '. <br />!~ AS PROVIDED IN SA 10 BO'NDt NG ACT• <br />~!, <br />~I THE FAITH ANO CREDIT OF THE SAID CITY OF EUGENE ARE PLEDGED FOR THE FULFILLMENT OF THE i <br />~I <br />!. CONDITIONS OF THIS OBLIGgT10N. <br />IN WITPJESS UIHEREOF, THIS BOND HAS BEEN SIGNED BY THE MAYOR AND ATTESTED BY THE <br />RECORDER OF THE CITY OF EUGENE, OREGON, AND THE CORPORATE SEAL OF SAID CITY HAS BEEN <br />HEREUNTO A FF 1 XEO T HI S OAY OF ~ 19 <br />ATTEST: <br />1 <br />i! <br />I~ <br />~~ <br />~I C 1 TY RECORDER h9AY0R <br />1~ <br />SECTION 3• THAT THERE SHALL BE ATTACHED TO EACH OF SAIp BONDS SUFFICIENT-SEMI-ANNUAL <br />INTEREST COUPONS NUMBERED NUMERICALLY FROM THE DATE OF ISSUE UNTIL MATURITY DATE THEREOF, <br />EACH OF WHICH SMNLL BE SUBSTANTJIALLY IN THE FOLLOWING FORM: <br />N0. CITY OF EUGENE, STATE OF OREGON <br />1GIICL PAY TO THE BEARER ~;.~ IN LAWFUL MONEY OF THE UNITED STATES OF AMERICA <br />AT THE OFFICE OF THE TREASURER OF SAID CITY ON THE OAY 06 ~ <br />19 , BEING SIX MONTHS INTEREST ON (bPROVEMENT BOND N0. , $ERIES B., <br />UNLESS SAID BONA IS S009ER REDEEMED AS THEREIN PROVIDED, WHICH REOEMPTIGN WILL <br />RENDER THIS'COUPON VOID. <br />CITY RECORDER MAYOR <br />SECT@ON 4. THAT THE MAYCR,OF SAID CITY IS AUTHORIZED AND DIRECTED TO 61GN SAID BONDS <br />1 <br />AND THE COUPONS ATTACHED THERETO, AND THE CITY RECORDER TO CUUNTQRSIGN THE SAME AND ATTACH <br />THE SEAL OF THE CITY THERETO FOR AND ON BEHALF OF SA10 CITY. <br /> <br /> <br />
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