LEG00101

• Bill Number: SB04-232
• Year: 2004
• Title: Concerning the creation of a front range water conservation district
• Legislation - Doc Type: Other CWCB Related Bills - Killed

1 (b) MAKE SUCH PROVISION FOR INSTALLMENT PAYMENTS OF THE

2 PRINCIPAL AMOUNT OF ANY SUCH BOND AS IT MAY CONSIDER DESIRABLE;

3 (c) PROVIDE FOR THE MAKING OF ANY SUCH BOND PAYABLE TO

4 BEARER OR OTHERWISE, REGISTRABLE AS TO PRINCIPAL OR AS TO BOTH

5 PRINCIPAL AND INTEREST, AND WHERE ACCRUED INTEREST IS NOT

6 REPRESENTED BY INTEREST COUPONS, FOR THE ENDORSING OF PAYMENTS

7 OF INTEREST ON SUCH BONDS; AND

8 (d) MAKE PROVISION IN ANY SUCH PROCEEDINGS FOR THE MANNER

9 AND CIRCUMSTANCES IN WHICH ANY SUCH BOND MAY IN THE FUTURE, AT

10 THE REQUEST OF THE HOLDER THEREOF, BE CONVERTED INTO BONDS OF

11 SMALLER DENOMINATIONS, WHICH BONDS OF SMALLER DENOMINATIONS

12 MAY IN TURN BE EITHER COUPON BONDS OR BONDS REGISTRABLE AS TO

13 PRINCIPAL, PRINCIPAL AND INTEREST, OR BOTH.

14 (7) IF LOST OR COMPLETELY DESTROYED, ANY SECURITY MAY BE

15 REISSUED IN THE FORM AND TENOR OF THE LOST OR DESTROYED SECURITY

16 UPON THE OWNER FURNISHING, TO THE SATISFACTION OF THE BOARD:

17 (a) PROOF OF OWNERSHIP;

18 (IV PROOF OF LOSS OR DES.Tl!-lIC.TIQI'l;__

19 (c) A SURETY BOND IN TWICE THE FACE AMOUNT OF THE SECURITY

20 AND ANY COUPONS; AND

21 ( d) PAYMENT OF THE COST OF PREPARING AND ISSUING THE NEW

22 SECURITY.

23 (8) ANY SECURITY SHALL BE EXECUTED IN THE NAME OF AND ON

24 BEHALF OF THE DISTRICT AND SIGNED BY THE CHAIR OF THE BOARD, WITH

25 THE SEAL OF THE DISTRICT AFFIXED THERETO AND ATTESTED BY THE

26 SECRETARY OF THE DISTRICT.

27 (9) EXCEPT FOR ANY BONDS THAT ARE REGISTRABLE FOR PAYMENT

-37.

SB04-232