O-1965-730 - Laserfiche WebLink

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'!' .. . e , The bonds of this Series scheduled to mature on and after January 15, 1977, may be redeemed prior to their scheduled . maturities, ,in whole, 'or in part, at the option of said City, on January 15, 1976, or on any interest payment date thereafter, '. for the prin~~pal a~ount thereof plus accrued interest to the date fixed for redemption. At least thirty days before the date fixed for any stic~.redemption the City shall cause a written . , notice of such'redemption to be published at least once in a financial publication published in the City of New York, New York. By the 'date, fixed for any such redemption, due provision shall be made with the paying. agent for the payment of the principal amount of the bonds to be redeemed, plus accrued . interest thereon to the date fixed for redemption. If the written notice of redemption is published, and if due provision for such payment is made, all as provided above, the bonds, which are to be so redeemed, thereby automatically shall be redeemed 'prior 'to maturity, and they shall not bear interest funds so provided for such payment. It is hereby certified and recited that this bond has . been duly and, validly authori~e?, issued, and delivered in accordance with the Constitution and laws of the State of Texas including Acts 19~7, 50th Legislature, Chapter 114; and that the interest on and ~rincipal of this bond, and the Series of which 't is a part, are secured by and payable from a first lien on and pledge 'of the Net Revenues of said City's Airport. Said City has reserved the right, subjec~ to the restrictions stated in the Ordinance authorizing this Series of bonds, to issue additional parity revenue bonds which also . may be secured by 'and made payable from a first lien on and pledge of the Net Revenues of said City's Airport.