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Finance Highlights 2011 1202
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Finance Highlights 2011 1202
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12/13/2011 6:20:44 PM
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12/13/2011 6:17:13 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
12/2/2011
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_CC Agenda 2011 1219
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and the maturity or maturities (in the event of redemption of all of the Bonds of such maturity or <br />maturities in whole) of the Bonds to be redeemed, and must require that such Bonds be then <br />surrendered at the office of the Trustee identified in such notice for redemption at the <br />redemption price, giving notice also that further interest on such Bonds will not accrue from and <br />after the redemption date. <br />Book -Entry System <br />DTC will act as securities depository for the Bonds. The Bonds will be issued as fully - <br />registered certificates registered in the name of Cede & Co. (DTC's partnership nominee). One <br />fully- registered Certificate will be issued for each maturity of the Bonds, each in the aggregate <br />principal amount of such maturity, and will be deposited with DTC. See "APPENDIX F — DTC <br />and the Book -Entry Only System." <br />The City and the Trustee cannot and do not give any assurances that DTC, DTC <br />Participants or others will distribute payments of principal, interest or premium, if any, with <br />respect to the Bonds paid to DTC or its nominee as the registered owner, or will distribute any <br />redemption notices or other notices, to the Beneficial Owners, or that they will do so on a timely <br />basis or will serve and act in the manner described in this Official Statement. The City and the <br />Trustee are not responsible or liable for the failure of DTC or any DTC Participant to make any <br />payment or give any notice to a Beneficial Owner with respect to the Bonds or an error or delay <br />relating thereto. <br />DEBT SERVICE SCHEDULE <br />The following table shows the debt service schedule with respect to the Bonds <br />(assuming no optional redemptions). <br />CITY OF SAN LEANDRO <br />2012 Taxable Pension Obligation Bonds <br />Debt Service Schedule <br />Period Ending Principal Interest <br />Total Debt Service <br />7 <br />
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