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SA-3 - RESO - REFUNDING BONDS
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SA-3 - RESO - REFUNDING BONDS
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Last modified
9/27/2018 2:45:16 PM
Creation date
9/27/2018 2:32:05 PM
Metadata
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
SA-3
Date
10/2/2018
Destruction Year
2023
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payments to Cede & Co. (or such other nominee as may be requested by an authorized representative of <br />DTC) is the responsibility of Issuer or Agent, disbursement of such payments to Direct Participants will <br />be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the <br />responsibility of Direct and Indirect Participants. <br />9. DTC may discontinue providing its services as depository with respect to the Securities <br />at any time by giving reasonable notice to Issuer or Agent. Under such circumstances, in the event that a <br />successor depository is not obtained, Security certificates are required to be printed and delivered. <br />10. Issuer may decide to discontinue use of the system of book -entry transfers through DTC <br />(or a successor securities depository). In that event, Security certificates will be printed and delivered to <br />DTC. <br />11. The information in this section concerning DTC and DTC's book -entry system has been <br />obtained from sources that Issuer believes to be reliable, but Issuer takes no responsibility for the <br />accuracy thereof, <br />G-3 <br />SA -3-87 <br />
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