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RES 87418
City of Pleasanton
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RES 87418
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10/26/2017 4:23:58 PM
Creation date
12/6/1999 11:19:45 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
9/15/1987
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The interest represented by the Certificates will be <br />calculated from October 1, 1987, at the rates per annum set <br />forth on the cover page hereof, payable semiannually on <br />April 1 and October 1 of each year commencing April 1, 1988, <br />and the principal 'represented by the Certificates will be <br />payable, subject to prior prepayment, on October 1 in each of <br />the designated years and in the principal amounts set forth on <br />the cover page hereof. Interest with respect to the <br />Certificates is payable by check mailed to the Owners of the <br />respective Certificates at the addresses shown on the <br />registration books of the Trustee as of the close of business <br />on the 15th day of the month immediately preceding the Payment <br />Date. Principal due with respect to the Certificates is <br />payable at the principal corporate trust office of Bank of <br />America National Trust and Savings Association, in San <br />Francisco, California. <br /> <br />Transfer and Exchanqe <br /> <br /> Any Certificate may, in accordance with its term, be <br />transferred by the person in whose name it is registered, in <br />person or by his duly authorized representative, upon surrender <br />of such Certificate for cancellation at the principal corporate <br />office of the Trustee in San Francisco, California, accompanied <br />by delivery of a written instrument of transfer in a form <br />approved by the Trustee, duly executed~ <br /> <br /> Certificates may be exchanged at the principal corporate <br />office of the Trustee in San Francisco, California, for a like <br />aggregate principal amount of Certificates or other authorized <br />denominations of the same maturity and interest rate. The <br />Trustee may require the payment by the Owner, requesting such <br />exchange, of any tax or other governmental charge required to <br />be paid with respect to such exchange. <br /> <br /> The Trustee will not be required to transfer or exchange <br />any Certificate after the fifteenth day of the month next <br />preceding each Payment Date, and the Trustee will not be <br />required to transfer or exchange any Certificate selected for <br />prepayment in whole or in part from and after the date of <br />mailing the notice of prepayment of such Certificate or such <br />part thereof. <br /> <br />Prepayments <br /> <br /> The Certificates are subject to prepayment on any date <br />prior to their respective October 1 maturity dates (a <br />"Certificate Payment Date"), as a whole, or in party by lot <br />within each Certificate Payment Date so that the aggregate <br />annual amounts of principal represented by The Certificates <br />which will be payable after such prepayment date will be as <br />nearly proportional as practicable to the aggregate annual <br /> <br /> 3 <br /> <br /> <br />
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