§ 250.448.

CALLABLE NOTE

The Resolution may provide that the Note shall be subject to call and redemption prior to the maturity, at the option of the City, and state the manner of giving notice of redemption to the holder of the Note to be redeemed and the price at which the Note shall be subject to redemption. Such Note shall state on its face that it is callable, and no Note shall be so subject unless it contains such recital.

History

(Added by Ord. 225-81, App. 5/5/81)

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