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• accompanied by a written instrument of transfer duly executed by the registered owner or his duly <br />authorized agent, in form satisfactory to the Registrar. <br />(g) All transfers or exchanges pursuant to this Paragraph 3 shall be made <br />without expense to the registered owner of such Bond or Bonds, except as otherwise herein <br />provided, and except that the Registrar for such series of Bonds shall require the payment by the <br />registered owner of such Bond or Bonds requesting such transfer or exchange of any tax or other <br />governmental charges required to be paid with respect to such transfer or exchange. All Bonds <br />surrendered pursuant to this Paragraph 3 shall be cancelled. <br />4. The full faith and credit of the City shall be and is irrevocably pledged to <br />the punctual payment of the principal of and premium, if any, and interest on the Bonds as the <br />same become due. In each year while the Bonds, or any of them, are outstanding and unpaid, <br />there shall be assessed, levied and collected, at the same time and in the same manner as other <br />taxes of the City are assessed, levied and collected, a tax upon all taxable property within the City, <br />over and above all other taxes, authorized or limited by law and without limitation as to rate or <br />amount, sufficient to pay when due the principal of and premium, if any, and interest on the <br />Bonds to the extent other funds of the City are not lawfully available and appropriated for such <br />purpose. <br />5. CUSIP identification numbers may be printed on the Bonds, but no such <br />• number shall constitute a part of the contract evidenced by the particular Bonds upon which it is <br />printed and no liability shall attach to the City or any officer or agent thereof (including any <br />paying agent for the Bonds) by. reason of such numbers or any use made thereof (including any <br />use thereof made by the City, any such officer or any such agent) or by reason of any inaccuracy, <br />error or omission with respect thereto or in such use. All expenses in relation to the printing of <br />such numbers on the Bonds shall be paid by the City; provided, however, that the CUSIP Service <br />Bureau charge for the assignment of such numbers shall be the responsibility of and shall be paid <br />for by the purchaser of the Bonds. <br />11 <br />6. The City covenants and agrees to comply with the applicable provisions of <br />Sections 103 and 141-150 of the Internal Revenue Code of 1986 and the applicable Treasury <br />Regulations promulgated under such Sections 103 and 141-150 so long as any Bond is outstanding. <br />7. The proceeds of the sale of the Bonds shall be applied to the payment of the <br />cost of the following public improvement projects of and for the City in substantially the following <br />respective amounts: <br />373936.1 m-2828 ORD <br />