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York, New York. If any of the bonds shall be so registered as to be payable otherwise than <br />to bearer, the Clerk shall, on or before the publication of such resolution and request, mail <br />a copy thereof to each registered owner at the address appearing on the bond registry books. <br /> <br /> The actual receipt by any bondholder of such resolution and request shall not affect the <br />validity of the proceedings for the obtaining of such consent. A certificate by the Clerk, ap- <br />proved by resolution of the City Council of said city, that said resolution and request has been <br />published and mailed as herein provided shall be conclusive as against all parties, and it <br />shall not be open to any bondholder to show that he failed to receive such resolution and <br />consent. <br /> <br /> Each written consent shall be accompanied by proof of ownership of the bonds for which <br />such consent is given. Proof of ownership shall be made in such manner as shall be prescribed <br />by the resolution proposing the action. Any such written consent shall be binding upon the <br />holder of the bonds giving such consent and on any subsequent holder (whether or not such <br />subsequent holder has notice thereof) unless such consent is revoked in writing by the holder <br />giving such consent or by the subsequent holder. To be effective, any revocation of consent <br />must be filed before the adoption of the resolution accepting consents as hereinafter provided. <br /> <br /> After the holders of at least sixty-six per cent (66%) in aggregate principal amount of <br />the bonds then outstanding (exclusive of issuer-owned bonds) shall have consented in writing, <br />the City Council shall adopt a resolution accepting such consents and such resolution shall <br />constitute complete evidence of the consent of bondholders under this resolution. <br /> <br /> (h) Publication of Consent. Notice specifying the amendment, waiver or modification <br />that has received the consent of bondholders as required by this section shall be published <br />once in a financial newspaper or journal of national circulation published in the City of New <br />York, New York, not less than sixty (60) days following the final action in the proceedings <br />for the obtaining of such consent. Said notice is only for the information of bondholders and <br />failure to publish such notice or any defect therein shall not affect the validity of the pro- <br />ceedings theretofore taken in the obtaining of such consent. <br /> <br /> Section 16. Bond and Coupon Forms. Said bonds shall be payable to bearer, shall be issued <br />in negotiable form, and shall be negotiable, and the form of said bonds and interest coupons thereof <br />shall be substantially as follows: <br /> <br /> UNITED STATES OF AMERICA <br /> STATE OF CALIFORNIA <br /> COUNTY OF ORANGE <br /> CITY OF SANTA ANA <br /> 1962 WATER REVENUE BOND, SERIES B <br /> <br />No ......................... $ ........................ <br /> <br /> THE CITY OF SANTA ANA, a municipal corporation situated in the County of Orange, <br />State of California, FOR VALUE RECEIVED, hereby promises to pay, solely from the Revenue <br />Fund, as hereinafter provided, to the bearer, on July I,. ............... , upon presentation and surrender <br />of this bond, the sum of ............ THOUSAND DOLLARS, with interest thereon at the rate of ...... <br />per annum, payable annually for the first year and semiannually thereafter on the first days of <br />January and July of each and every year from the date hereof until this bond is paid, upon <br />presentation and surrender of the respective interest coupons hereto attached; provided, however, <br />that if at the maturity date of this bond, or, if the same is redeemable and shall be duly called for <br />redemption, then at the date fixed for redemption, funds are available for the payment or redemp- <br />tion thereof, as provided in the resolution hereinafter mentioned, this bond shall then cease <br /> <br />16 <br /> <br /> <br />