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HomeMy WebLinkAbout35-77 RESOLUTION• RESOLUTION NO. 35-77 A RESOLUTION AUTHORIZING THE ISSUANCE AND DELIVERY OF COUPON BONDS IN EXCHANGE FOR FULLY REGISTERED BONDS OF THE CITY OF FAYETTEVILLE, ARKANSAS WATER- WORKS AND SEWER REVENUE BONDS, 1969 SERIES, DATED FEBRUARY 1, 1969; AND PRESCRIBING OTHER MATTERS RELATING THERETO. WHEREAS, pursuant to Ordinance No. 1653, adopted February 3, 1969, the City of Fayetteville, Arkansas (the "City") authorized and issued $940,000 in principal amount of Waterworks and Sewer Revenue Bonds, 1969 Series, dated February 1, 1969 (the "bonds"); and WHEREAS, the bonds were initially issued as bonds registered as to both principal and interest in various denominations, maturing on August 1 in each of the years 1970 to 2001, inclusive, and numbered from R-1 to R-32, inclusive; and WHEREAS, Ordinance No. 1653 provides that the bonds may be exchanged for coupon bonds in the denomination of $1,000 or $5,000, at the option of the registered owner thereof; and WHEREAS, the registered owner of Bonds Nos. R-8 to R-32, inclusive, has notified the City of its election to exchange these registered bonds for 202 coupon bonds (hereinafter described), NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of Fayetteville, Arkansas: Section 1. There is hereby authorized the issuance and delivery of coupon bonds, subject to registration as to principal, in exchange for registered bonds, as follows: Registered Bond No. R-8 for 4 coupon bonds, numbered from R-8-1 to R-8-4, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No.R-9 for 7 coupon bonds, numbered from R-9-1 to R-9-7, inclusive. Bonds Nos. R-9-1 to R-9-4, inclusive, shall be in the denomination of $5,000 each. Bonds Nos. R-9-5 to R-9-7, inclusive, shall be in the denomination of $1,000 each. MICROFILMED. Q DATE Ea REEL�� MICROFILMED DATE OCT 3 __ 1979 • Registered Bond No. from R-10-1 to R-10 of $1,000 each. • -2- R-10 for 2 coupon bonds, numbered -2, and shall be in the denomination Registered Bond No. R-11 for 1 coupon bond, R-11-1, and shall be in the denomination of Registered Bond No. R-12 for 1 coupon bond, R-12-1, and shall be in the denomination of numbered $1,000. numbered $5,000. Registered Bond No. R-13 for 4 coupon bonds, numbered from R-13-1 to R-13-4, and shall be in the denomination of $1,000 each. Registered Bond No. R-14 for 4 coupon bonds, numbered from R-14-1 to R-14-4. Bond No. R-14-1 shall be in the denomination of $5,000, and Bonds Nos. R-14-2 to R-14-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R -1S for 4 coupon bonds, numbered from R-15-1 to R-15-4. Bond No. R-15-1 shall be in the denomination of $5,000, and Bonds Nos. R-15-2 to R-15-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-16 for 5 coupon bonds, numbered from R-16-1 tp R-16-5. Bond No. R-16-1 shall be in the denomination of $5,000, and Bonds Nos. R-16-2 to R-16-5, i.l:ciusive, shall be in the denomination of $1,000 each. Registered Bond No. R-17 for 5 coupon bonds, numbered from R-17-1 to R-17-5. Bond No. R-17-1 shall be in the denomination of $5,000, and Bonds Nos. R-17-2 to R-17-5, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-18 for 3 coupon bonds, numbered from R-18-1 to R-18-3, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-19 for 5 coupon bonds, numbered from R-19-1 to R-19-5. Bonds Nos. R-19-1 to R-19-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-19-4 and R-19-5, shall be in the denomination of $1,000 each. Registered Bond No. R-20 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive. Bonds Nos. R-20-1 to R-20-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-20-4 to R-20-7, shall be in the denomination of $1,000 each. Registered Bond No. R-21 for 6 coupon bonds, numbered from R-21-1 to R-21-6, inclusive. Bonds Nos. R-21-1 to R-21-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-21-5 and R-21-6, shall be in the denomination of $1,000 each. • -3- • • • Registered Bond No. R-22 for 5 coupon bonds, numbered from R-22-1 to R-22-5, inclusive. Bonds Nos. R-22-1 to R-22-4, shall be in the denomination of $5,000 each and Bond No. R-22-5, shall be in the denomination of $1,000. Registered Bond No. R-23 for 6 coupon bonds, numbered from R-23-1 to R-23-6, inclusive. Bonds Nos. R-23-1 to R-23-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-23-4 to R-23-6, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-24 for 8 coupon bonds, numbered from R-24-1 to R-24-8, inclusive. Bonds Nos. R-24-1 to R-24-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-24-5 to R-24-8, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-25 for 8 coupon bonds, numbered from R-25-1 to R-25-8, inclusive. Bonds Nos. R-25-1 to R-25-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-25-7 and R-25-8, shall be in the denomination of $1,000 each. Registered Bond No. R-26 for 7 coupon bonds, numbered from R-26-1 to R-26-7, inclusive. Bonds Nos. R-26-1 to R-26-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-26-7 shall be in the denomination of $1,000. Registered Bond Nos. R-27 for 6 coupon bonds, numbered from R-27-1 to R-27-6, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-28 for 7 coupon bonds, numbered from R-28-1 to R-28-7, inclusive. Bonds Nos. R-28-1 to R-28-6, inclusive, shall be in the denomination of $5,000 each, and Bond No. R-28-7 shall be in the denomi- nation of $1,000. Registered Bond No. R-29 for 8 coupon bonds, numbered from R-29-1 to R-29-8, inclusive. Bonds Nos. R-29-1 to R-29-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-29-7 and R-29-8, shall be in the denomination of $1,000 each. Registered Bond No. R-30 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-31 for 10 coupon bonds, numbered from R-31-1 to R-31-10, inclusive. Bonds Nos. R-31-1 to R-31-7, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-31-8 to R-31-10, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-32 for 72 coupon bonds, numbered from R-32-1 to R-32-72, inclusive. Bonds Nos. R-32-1 to R-32-70, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-32-71 and R-32-72 shall be in the denomination of $1,000 each. • • • • • -4- Section 2. The Mayor and City Clerk are hereby authorized and directed to execute and deliver the coupon bonds and execute such other and further documents and take such other and further action as necessary in connection therewith. Section 3. The Trustee for the bonds is authorized to deliver the coupon bonds to the registered owner upon cancellation of the registered bonds. UNANIMOUSLY ADOPTED this 3 day of Wijal , 1977. ATTEST: C Merk (SEAL) 4. CITY OF FAYETTEVILLE, ARKANSAS BYCz Mayor • • • CERTIFICATE • The undersigned, City Clerk of the City of Fayetteville, Arkansas, hereby certifies that the foregoing pages are a true and compared copy of a Resolution passed at a regular session of the Board of Directors of the City of Fayetteville, Arkansas, held at the regular meeting place of the Board of the City at 7:30 o'clock p.m., on the 3 day of May , 1977, and that the Resolution is of record in Resolution Record Book V , Page 154 now in my possession. GIVEN under my hand and seal this 4 day of May 1977. (SEAL) • • • City • • RESOLUTION NO. A RESOLUTION AUTHORIZING THE ISSUANCE AND DELIVERY OF COUPON BONDS IN EXCHANGE FOR FULLY REGISTERED BONDS OF THE CITY OF FAYETTEVILLE, ARKANSAS WATER- WORKS AND SEWER REVENUE BONDS, 1969 SERIES, DATED FEBRUARY 1, 1969; AND PRESCRIBING OTHER MATTERS RELATING THERETO. WHEREAS, pursuant to Ordinance No. 1653, adopted February 3, 1969, the City of Fayetteville, Arkansas (the "City") authorized and issued $940,000 in principal amount of Waterworks and Sewer Revenue Bonds, 1969 Series, dated February 1, 1969 (the "bonds"); and WHEREAS, the bonds were initially issued as bonds registered as to both principal and interest in various denominations, maturing on August 1 in each of the years 1970 to 2001, inclusive, and numbered from R-1 to R-32, inclusive; and WHEREAS, Ordinance No. 1653 provides that the bonds may be exchanged for coupon bonds in the denomination of $1,000 or $5,000, at the option of the registered owner thereof; and WHEREAS, the registered owner of Bonds Nos. R-8 to R-32, inclusive, has notified the City of its election to exchange these registered bonds for 202 coupon bonds (hereinafter described), NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of Fayetteville, Arkansas: Section 1. There is hereby authorized the issuance and delivery of coupon bonds, subject to registration as to principal, in exchange for registered bonds, as follows: Registered Bond No. R-8 for 4 coupon bonds, numbered from R-8-1 to R-8-4, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-9 for 7 coupon bonds, numbered from R-9-1 to R-9-7, inclusive. Bonds Nos. R-9-1 to R-9-4, inclusive, shall be in the denomination of $5,000 each. Bonds Nos. R-9-5 to R-9-7, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. from R-10-1 to R-10 of $1,000 each. • -2- • R-10 for 2 coupon bonds, numbered -2, and shall be in the denomination Registered Bond No. R-11 for 1 coupon bond, R-11-1, and shall be in the denomination of Registered Bond No. R-12 for 1 coupon bond, R-12-1, and shall be in the denomination of numbered $1,000. numbered $5,000. Registered Bond No. R-13 for 4 coupon bonds, numbered from R-13-1 to R-13-4, and shall be in the denomination of $1,000 each. Registered Bond No. R-14 for 4 coupon bonds, numbered from R-14-1 to R-14-4. Bond No. R-14-1 shall be in the denomination of $5,000, and Bonds Nos. R-14-2 to R-14-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-15 for 4 coupon bonds, numbered from R-15-1 to R-15-4. Bond No. R-15-1 shall be in the denomination of $5,000, and Bonds Nos. R-15-2 to R-15-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-16 for 5 coupon bonds, numbered from R-16-1 to R-16-5. Bond No. R-16-1 shall be in the denomination of $5,000, and Bonds Nos. R-16-2 to R-16-5. iKciusive, shall be in the denomination of $1,000 eac'_i. Registered Bond No. R-17 for 5 coupon bonds, numbered from R-17-1 to R-17-5. Bond No. R-17-1 shall be in the denomination of $5,000, and Bonds Nos. R-17-2 to R-17-5, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-18 for 3 coupon bonds, numbered from R-18-1 to R-18-3, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-19 for 5 coupon bonds, numbered from R-19-1 to R-19-5. Bonds Nos. R-19-1 to R-19-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-19-4 and R-19-5, shall be in the denomination of $1,000 each. Registered Bond No. R-20 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive. Bonds Nos. R-20-1 to R-20-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-20-4 to R-20-7, shall be in the denomination of $1,000 each. Registered Bond No. R-21 for 6 coupon bonds, numbered from R-21-1 to R-21-6, inclusive. Bonds Nos. R-21-1 to R-21-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-21-5 and R-21-6, shall be in the denomination of $1,000 each. • • -3- Registered Bond No. R-22 for 5 coupon bonds, numbered from R-22-1 to R-22-5, inclusive. Bonds Nos. R-22-1 to R-22-4, shall be in the denomination of $5,000 each and Bond No. R-22-5, shall be in the denomination of $1,000. Registered Bond No. R-23 for 6 coupon bonds, numbered from R-23-1 to R-23-6, inclusive. Bonds Nos. R-23-1 to R-23-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-23-4 to R-23-6, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-24 for 8 coupon bonds, numbered from R-24-1 to R-24-8, inclusive. Bonds Nos. R-24-1 to R-24-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-24-5 to R-24-8, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-25 for 8 coupon bonds, numbered from R-25-1 to R-25-8, inclusive. Bonds Nos. R-25-1 to R-25-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-25-7 and R-25-8, shall be in the denomination of $1,000 each. Registered Bond No. R-26 for 7 coupon bonds, numbered from R-26-1 to R-26-7, inclusive. Bonds Nos. R-26-1 to R-26-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-26-7 shall be in the denomination of $1,000. Registered Bond Nos. R-27 for 6 coupon bonds, numbered from R-27-1 to R-27-6, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-28 for 7 coupon bonds, numbered from R-28-1 to R-28-7, inclusive. Bonds Nos. R-28-1 to R-28-6, inclusive, shall be in the denomination of $5,000 each, and Bond No. R-28-7 shall be in the denomi- nation of $1,000. Registered Bond No. R-29 for 8 coupon bonds, numbered from R-29-1 to R-29-8, inclusive. Bonds Nos. R-29-1 to R-29-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-29-7 and R-29-8, shall be in the denomination of $1,000 each. Registered Bond No. R-30 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-31 for 10 coupon bonds, numbered from R-31-1 to R-31-10, inclusive. Bonds Nos. R-31-1 to R-31-7, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-31-8 to R-31-10, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-32 for 72 coupon bonds, numbered from R-32-1 to R-32-72, inclusive. Bonds Nos. R-32-1 to R-32-70, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-32-71 and R-32-72 shall be in the denomination of $1,000 each. • • • -4- • Section 2. The Mayor and City Clerk are hereby authorized and directed to execute and deliver the coupon bonds and execute such other and further documents and take such other and further action as necessary in connection therewith. Section 3. The Trustee for the bonds is authorized to deliver the coupon bonds to the registered owner upon cancellation of the registered bonds. UNANIMOUSLY ADOPTED this day of , 1977. ATTEST: City Clerk (SEAL) CITY OF FAYETTEVILLE, ARKANSAS By Mayor • CERTIFICATE The undersigned, City Clerk of the City of Fayetteville, Arkansas, hereby certifies that the foregoing pages are a true and compared copy of a Resolution passed at a session of the Board of Directors of the City of Fayetteville, Arkansas, held at the regular meeting place of the Board of the City at o'clock _.m., on the day of , 1977, and that the Resolution is of record in Resolution Record Book , Page now in my possession. 1977. (SEAL) GIVEN under my hand and seal this day of City Clerk • EXCERPTS FROM MINUTES OF A MEETING OF THE FAYETTEVILLE BOARD OF DIRECTORS HELD May 3. , 1977 . The Board of Directors of the City of Fayetteville Arkansa s, met in regular session at its regular meeting place in Fayetteville Arkansas at 7530 pm. , on the 3 day of may , 1977 . The following were present: Mayor Ernest E. Lancaster • City Clerk Darlene Westbrook ; and ANNNOPA Directors John Todd, Paul Noland, Al Hughes. David Malone. Philip Colwell. and Marion Orton Absent: Nen The Mayor stated that consideration should be given to a resolution authorizing the exchange of fully registered bonds for coupon bonds This was a matter with which the Board was familiar and after a discussion, AUX:0XXXX The City Attorney introduced a resolution entitled: "A RESOLUTION AUTHORIZING THE ISSUANCE AND DELIVERY OF COUPON BONDS IN EXCHANGE FOR FULLY REGISTERED BONDS OF THE CITY OF FAYETTEVILLE, ARKANSAS WATER- WORKS AND SEWER REVENUE BONDS, 1969 SERIES, DATED FEBRUARY 1,1969; AND PRESCRIBING OTHER MATTERS RELATING THERETO." and the City coax Attorney read the resolution in full. • • Page 2 xiddsxmon Director Hughes • XXXXXXXXX , seconded by Alderman Director Colwell, moved that the resolution be adopted. The question was put by the Mayor on the adoption of the motion and the roll being called, the following voted aye: Todd, Noland, Hughes, Malone, Colwell: Orton, Lancaster and the following voted nay: none The Mayor thereupon declared the resolution adopted and signed the resolution, which was attested by the City Clerk the seal of the City. The resolution was given No. and impressed with 35-77 (Matters not relating to a resolution authorizing the exchange There being no further business, the Board adjoumed. ATTEST: City Clerk (SEAL).7 are omitted.) grA-roec-.a Mayor .. J CERTIFICATE The undersigned, City Clerk of the City of Fayetteville Arkansas, hereby certifies that the foregoing pages numbered 1 and 2, are a true and correct copy of excerpts of the minutes of a meeting of the Board of Directors of Fayetteville , Arkansas, at a regular session held at the regular meeting place of the Board in the City at 7:30 D . m. , on the 3 day of 3 , 1977 , and the time and place of the meeting was furnished to each person who made a request therefor in accordance with the provisions of Act No. 93 of the Acts of Arkansas of 1967. r� (SEAL) .ry 44. DLL., (0,,,€,A, City Clerk • • RESOLUTION NO. 35-77 A RESOLUTION AUTHORIZING THE ISSUANCE AND DELIVERY OF COUPON BONDS IN EXCHANGE FOR FULLY REGISTERED BONDS OF THE CITY OF FAYETTEVILLE, ARKANSAS WATER- WORKS AND SEWER REVENUE BONDS, 1969 SERIES, DATED FEBRUARY 1, 1969; AND PRESCRIBING OTHER MATTERS RELATING THERETO. WHEREAS, pursuant to Ordinance No. 1653, adopted February 3, 1969, the City of Fayetteville, Arkansas (the "City") authorized and issued $940,000 in principal amount of Waterworks and Sewer Revenue Bonds, 1969 Series, dated February 1, 1969 (the "bonds"); and WHEREAS, the bonds were initially issued as bonds registered as to both principal and interest in various denominations, maturing on August 1 in each of the years 1970 to 2001, inclusive, and numbered from R-1 to R-32, inclusive; and WHEREAS, Ordinance No. 1653 provides that the bonds may be exchanged for coupon bonds in the denomination of $1,000 or $5,000, at the option of the registered owner thereof; and WHEREAS, the registered owner of Bonds Nos. R-8 to R-32, inclusive, has notified the City of its election to exchange these registered bonds for 202 coupon bonds (hereinafter described); NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of Fayetteville, Arkansas: Section 1. There is hereby authorized the issuanbe and delivery of coupon bonds, subject to registration as to principal, in exchange for registered bonds, as follows: Registered Bond No. R-8 for 4 coupon bonds, numbered from R-8-1 to R-8-4, inclusive, and shall be in the denomination of $5,000 each.. Registered Bond No. R-9 for 7 coupon bonds, numbered from R-9-1 to R-9-7, inclusive. Bonds Nos. R-9-1 to R-9-4, inclusive, shall be in the denomination of $5,000 each. Bonds Nos. R-9-5 to R-9-7, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-10 for 2 coupon bonds, numbered from R-10-1 to R-10-2, and shall be in the denomination of $1,000 each. Registered Bond No. R-11 for 1 coupon bond, R-11-1, and shall be in the denomination of Registered Bond No. R-12 for 1 coupon bond, R-12-1, and shall be in the denomination of numbered $1,000. numbered $5,000. Registered Bond No. R-13 for 4 coupon bonds, numbered from R-13-1 to R-13-4, and shall be in the denomination of $1,000 each. Registered Bond No. R-14.for 4 coupon bonds, numbered from R-14-1 to R-14-4. Bond No. R-14-1 shallbe in the denomination of $5,000, and Bonds Nos. R-14-2 to R-14-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-15 for 4 coupon bonds, numbered from R-15-1 to R-15-4. Bond No. R-15-1 shall be in the denomination of $5,000, and Bonds Nos. R-15-2 to R-15-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-16 for 5 coupon bonds, numbered from R-16-1 to 3-16-5. Bond No. R-16-1 shall be in the denomination of $5,000, and Bonds Nos. R-16-2 to R-16-5: if:clusiSe, shall be in the denomination of $1,000 eat -C.1. Registered Bond No. R-17 for 5 coupon bonds, numbered from R-17-1 to R-17-5. Bond No. R-17-1 shall be in the denomination of $5,000, and Bonds Nos. R-17-2 to R-17-5, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-18 for 3 coupon bonds, numbered from R-18-1 to R-18-3, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-19 for 5 coupon bonds, numbered from R-19-1 to R-19-5. Bonds Nos. R-19-1 to R-19-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-19-4 and R-19-5, shall be in the denomination of $1,000 each. Registered Bond No. R-20 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive. Bonds Nos. R-20-1 to R-20-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-20-4 to R-20-7, shall be in the denomination of $1;000 each. Registered Bond No. R-21 for 6 coupon bonds, numbered from R-21-1 to R-21-6, inclusive. Bonds Nos. R-21-1 to R-21-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-21-5 and R-21-6, shall be in the denomination of $1,000 each.. i • Registered Bond No. R-22 for 5 coupon bonds, numbered from R-22-1 to R-22-5, inclusive. Bonds Nos. R-22-1 to R-22-4, shall be in the denomination of $5,000 each • and Bond No. R-22-5, shall be in the denomination of $1,000. Registered Bond No. R-23 for 6 coupon bonds, numbered from R-23-1 to R-23-6, inclusive. Bonds Nos. R-23-1 to R-23-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-23-4 to R-23-6, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-24 for 8 coupon bonds, numbered from R-24-1 to R-24-8, inclusive. Bonds Nos. R-24-1 to R-24-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-24-5 to R-24-8, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-25 for 8 coupon bonds, numbered from R-25-1 to R-25-8, inclusive. Bonds Nos. R-25-1 to R-25-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-25-7 and R-25-8, shall be in the denomination of $1,000 each. Registered Bond No. R-26 for 7 coupon bonds, numbered from R-26-1 to R-26-7, inclusive. Bonds Nos. R-26-1 to R-26-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-26-7 shall be in the denomination .of $1,000. Registered Bond Nos. R-27 for 6 coupon bonds, numbered from R-27-1 to R-27-6, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-28 for 7 coupon bonds, numbered . from R-28-1 to R-28-7, inclusive. Bonds Nos. R-28-1 to R-28-6, inclusive, shall be in the denomination of $5,000 each, and Bond No. R-28-7 shall be in the denomi- nation of $1,000. Registered Bond No. R-29 for 8 coupon bonds, numbered from R-29-1 to R-29-8, inclusive. Bonds Nos. R-29-1 to R-29-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-29-7 and R-29-8, .shall be in the denomination of $1,000 each. Registered Bond No. R-30 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-31 for 10 coupon bonds, numbered from R-31-1 to R-31-10, inclusive. Bonds Nos. R-31-1 to R-31-7, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-31-8 to R-31-10, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-32 for 72 coupon bonds, numbered from R-32-1 to R-32-72, inclusive. Bonds Nos. R-32-1 to R-32-70, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-32-71 and R-32-72 shall be in the denomination of $1,000 each. • MIN Section 2. The Mayor and City Clerk are hereby authorized and directed to execute and deliver the coupon bonds and execute such other and further documents and take such other and further action as necessary in connection therewith. Section 3. The Trustee for the bonds is authorized to deliver the coupon bonds to the registered owner upon cancellation of the registered bonds. UNANIMOUSLY ADOPTED this 3 day of ATTEST: ity Clerk (SEAL). Yhttif , 1977. CITY OF FAYETTEVILLE, ARKANSAS Ey 6-rf` . Mayor • • • RESOLUTION NO. 35-77 A RESOLUTION AUTHORIZING THE ISSUANCE AND DELIVERY OF COUPON BONDS IN EXCHANGE FOR FULLY REGISTERED BONDS OF THE CITY OF FAYETTEVILLE, ARKANSAS WATER= WORKS AND SEWER REVENUE BONDS, 1969 SERIES, DATED FEBRUARY 1, 1969; AND PRESCRIBING OTHER MATTERS RELATING THERETO. WHEREAS, pursuant to Ordinance No. 1653, adopted February 3, 1969, the City of Fayetteville, Arkansas (the "City") authorized and issued $940,000 in principal amount of Waterworks and Sewer Revenue Bonds, 1969 Series, dated February 1, 1969 (the "bonds"); and WHEREAS, the bonds were initially issued as bonds registered as to both principal and interest in various denominations, maturing on August 1 in each of the years 1970 to 2001, inclusive, and numbered from R-1 to R-32, inclusive; and WHEREAS, Ordinance No. 1653 provides that the bonds may be exchanged for coupon bonds in the denomination of $1,000 or $5,000, at the option of the registered owner thereof; and WHEREAS, the registered owner of Bonds Nos. R-8 to R-32, inclusive, has notified the City of its election to exchange these registered bonds for 202 coupon bonds (hereinafter described); NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the City of Fayetteville, Arkansas: Section 1. There is hereby authorized the issuance and delivery of coupon bonds, subject to registration as to principal, in exchange for registered bonds, as follows: Registered Bond No. R-8 for 4 coupon bonds, numbered from R-8-1 to R-8-4, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-9 for 7 coupon bonds, numbered from R-9-1 to R-9-7, inclusive. Bonds Nos. R-9-1 to R-9-4, inclusive, shall be in the denomination of $5,000 each. Bonds Nos. R-9-5 to R-9-7, inclusive, shall be in the denomination of $1,000 each. • • • 1 Registered Bond No. R-10 for 2 coupon bonds, numbered from R-10-1 to R-10-2, and shall be in the denomination of $1,000 each. Registered Bond No. R-11 for 1 coupon bond, R-11-1, and shall be in the denomination of Registered Bond No. R-12 for 1 coupon bond, R-12-1, and shall be in the denomination of numbered $1,000. numbered $5,000. Registered Bond No. R-13 for 4 coupon bonds, numbered from R-13-1 to R-13-4, and shall be in the denomination of $1,000 each. Registered Bond No. R-14 for 4 coupon bonds, numbered from R-14-1 to R-14-4. Bond No. R-14-1 shall be in the denomination of $5,000, and Bonds Nos. R-14-2 to R-14-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-15 for 4 coupon bonds, numbered from R-15-1 to R-15-4. Bond No. R-15-1 shall be in the denomination of $5,000, and Bonds Nos. R-15-2 to R-15-4, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-16 for 5 coupon bonds, numbered from R-16-1 to a-16-5. Bond No. R-16-1 shall be in the denomination of $5,000, and Bonds Nos. R-16-2 to R-16-5: 11:elusive, shall be in the denomination of $1,000 earn. Registered Bond No. R-17 for 5 coupon bonds, numbered from R-17-1 to R-17-5. Bond No. R-17-1 shall be in the denomination of $5,000, and Bonds Nos. R-17-2 to R-17-5, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-18 for 3 coupon bonds, numbered from R-18-1 to R-18-3, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-19 for 5 coupon bonds, numbered from R-19-1 to R-19-5. Bonds Nos. R-19-1 to R-19-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-19-4 and R-19-5, shall be in the denomination of $1,000 each. Registered Bond No. R-20 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive. Bonds Nos. R-20-1 to R-20-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-20-4 to R-20-7, shall be in the denomination of $1,000 each. Registered Bond No. R-21 for 6 coupon bonds, numbered from R-21-1 to R-21-6,. inclusive. Bonds Nos. R-21-1 to R-21-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-21-5 and R-21-6, shall be in the denomination of $1,000 each. , • • • Registered Bond No. R-22 for 5 coupon bonds, numbered from R-22-1 to R-22-5, inclusive. Bonds Nos. R-22-1 to R-22-4, shall be in the denomination of $5,000 each and Bond No. R-22-5, shall be in the denomination of $1,000. Registered Bond No. R-23 for 6 coupon bonds, numbered from R-23-1 to R-23-6, inclusive. Bonds Nos. R-23-1 to R-23-3, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-23-4 to R-23-6, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-24 for 8 coupon bonds, numbered from R-24-1 to R-24-8, inclusive. Bonds Nos. R-24-1 to R-24-4, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-24-5 to R-24-8, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-25 for 8 coupon bonds, numbered from R-25-1 to R-25-8, inclusive. Bonds Nos. R-25-1 to R-25-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-25-7 and R-25-8, shall be in the denomination of $1,000 each. Registered Bond No. R-26 for 7 coupon bonds, numbered from R-26-1 to R-26-7, inclusive. Bonds Nos. R-26-1 to R-26-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-26-7 shall be in the denomination of $1,000. Registered Bond Nos. R-27 for 6 coupon bonds, numbered from R-27-1 to R-27-6, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-28 for 7 coupon bonds, numbered from R-28-1 to R-28-7, inclusive. Bonds Nos. R-28-1 to R-28-6, inclusive, shall be in the denomination of $5,000 each, and Bond No. R-28-7 shall be in the denomi- nation of $1,000. Registered Bond No. R-29 for 8 coupon bonds, numbered from R-29-1 to R-29-8, inclusive. Bonds Nos. R-29-1 to R-29-6, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-29-7 and R-29-8, shall be in the denomination of $1,000 each. Registered Bond No. R-30 for 7 coupon bonds, numbered from R-20-1 to R-20-7, inclusive, and shall be in the denomination of $5,000 each. Registered Bond No. R-31 for 10 coupon bonds, numbered from R-31-1 to R-31-10, inclusive. Bonds Nos. R-31-1 to R-31-7, inclusive, shall be in the denomination of $5,000 each, and Bonds Nos. R-31-8 to R-31-10, inclusive, shall be in the denomination of $1,000 each. Registered Bond No. R-32 for 72 coupon bonds, numbered from R-32-1 to R-32-72, inclusive. Bonds [dos. R-32-1 to R-32-70, inclusive, -shall be in the denomination of $5,000 each, and Bonds Nos. R-32-71 and R-32-72 shall be in the denomination of $1,000 each.