Collections: 
0-9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

[402]

Part of Minutes of the University of Kentucky Board of Trustees

item | thumbnails | details | text | pdf
Download this image
presentation and surrender of any Series A Bond or Series A Bonds in temporary form, Issuer shall, without unreasonable delay, prepare, execute, and deliver to Trustee, and Trustee shall authenticate and deliver, in exchange therefor, a Series A Bond or Series A Bonds in definitive form. Such exchange shall be made by Trustee without making any charge therefor to the Owner of such Series A Bond in temporary form. Section 2.12. Form of Series A Bond. The Series A Bonds and the certificate of authentication of the Trustee to be endorsed on said Series A Bonds shall be in substantially the form attached hereto as. Exhibit A. All such Series A Bonds may have endorsed thereon such legends or text as may be necessary or appropriate to conform to any applicable rules and regulations of any governmental authority or any usage or requirement of law with respect thereto. Section 2.13. Advertisement for Public Sale. The Series A Bonds shall be advertised for sale as required by Section 424.360 of the Kentucky Revised Statutes on such date and in such principal amount (not more than the principal amount authorized herein) to be determined by the President of the University of Kentucky upon the advice of J J B Hilliard, W L Lyons Incorporated, the Financial Advisor to the Board for the issuance of the Series A Bonds. Section 2.14. Notice of Bond Sale; Bid Form; Official Terms and Conditions of Bond Sale. The Treasurer of the University of Kentucky (who is hereby recog- nized and designated as the Treasurer of the Board for all purposes relating to the issuance of the Series A Bonds) is hereby authorized and directed to cause an appropriate form of a Notice of Bond Sale of the Series A Bonds to be published in the HERALD-LEADER, a legal newspaper published in Fayette County, Kentucky, THE COURIER JOURNAL (Statewide Edition), a legal newspaper published in the City of Louisville, Kentucky, which will afford statewide notice of the sale and in THE DAILY BOND BUYER, a financial journal published in the City of New York, New York, which is a publication having general circulation among bond buyers and said newspaper and financial journal are hereby declared to be qualified to publish such notice for the Board within the meaning and provi- sions of KRS Chapter 424. Such notices shall be published in said newspapers and financial journal at least once and shall appear not less than seven (7) days nor more than twenty-one (21) days prior to the scheduled date of sale of said Series A Bonds. Such notice shall be in substantially the form prepared by Rubin & Hays, Bond Counsel to the Board, as set forth in Exhibit B to this Series A Resolution. The Series A Bonds shall be offered as a whole, at not less than 97-3/4% of par, plus accrued interest from the date of the Series A Bonds to the date of delivery. Only bids submitted on the Official Bid Form shall be given favorable consideration. The Official Bid Form shall be in substantially the form prepared by Bond Counsel as set forth in Exhibit C to this Series A Resolution. -8-