4894

MUNICIPAL CHARTERS

WITHOUT THIS STATE; (V) WHETHER SUCH REVENUE BONDS OR ANY
PART THEREOF SHALL BE MADE REDEEMABLE BEFORE MATURITY
AND, IF SO, UPON WHAT TERMS, CONDITIONS AND PRICES; (VI)
PROVISIONS FOR ISSUANCE IN COUPON OR IN REGISTERED FORM,
OR BOTH, AND FOR THE REGISTRATION OF THE PRINCIPAL ONLY
OF REVENUE BONDS HAVING COUPONS ATTACHED, AND FOR THE
RECONVERSION OF REVENUE BONDS INTO COUPON FORM IF ANY
SUCH REVENUE BONDS HAVE BEEN REGISTERED AS TO BOTH
PRINCIPAL AND INTEREST AND FOR THE REPLACEMENT OF REVENUE
BONDS WHICH BECOME MUTILATED OR ARE LOST OR DESTROYED;
AND (VII) ANY OTHER FATTER RELATING TO THE FORM, TERMS,
CONDITIONS, ISSUANCE AND SALE AND DELIVERY THEREOF.

(C)   IN CASE ANY OFFICER WHOSE SIGNATURE OR A
FACSIMILE OF WHOSE SIGNATURE APPEARS ON ANY REVENUE BONDS
OR COUPONS SHALL CEASE TO BE SUCH OFFICER BEFORE THE
DELIVERY OF SUCH REVENUE BONDS, SUCH SIGNATURE OR
FACSIMILE SHALL NEVERTHELESS BE VALID AND SUFFICIENT FOR
ALL PURPOSES THE SAME AS IF HE HAD REMAINED IN OFFICE
UNTIL SUCH DELIVERY.

(D)    IF THE ORDINANCE OR ORDINANCES AUTHORIZING THE
ISSUANCE OF SUCH REVENUE BONDS SHALL SO SPECIFY, SUCH
BONDS MAY BE SOLD AT PRIVATE SALE WITHOUT ADVERTISEMENT
OR PUBLICATION OF NOTICE OF SALE OR SOLICITATION OF
COMPETITIVE BIDS.

(E)    IF THE PROCEEDS OF THE REVENUE BONDS OF ANY
ISSUE SHALL, BY REASON OF INCREASED CONSTRUCTION COSTS OR
ERROR IN ESTIMATES OR OTHERWISE, BE LESS THAN THE AMOUNT
REQUIRED FOR THE PURPOSE FOR WHICH SUCH REVENUE BONDS ARE
AUTHORIZED, ADDITIONAL BONDS MAY IN LIKE MANNER BE ISSUED
TO PROVIDE THE AMOUNT OF SUCH DEFICIENCY AND SHALL (IF
THE AUTHORIZING RESOLUTION OR ORDINANCE FOR THE REVENUE
BONDS FIRST ISSUED SHALL SO PROVIDE OR PERMIT) BE DEEMED
TO BE OF THE SAME ISSUE AND SHALL BE ENTITLED TO PAYMENT
FROM THE SAME FUND WITHOUT PREFERENCE OR PRIORITY OF THE
REVENUE BONDS FIRST ISSUED. IF THE PROCEEDS OF SUCH
REVENUE BONDS SHALL EXCEED THE AMOUNT SO REQUIRED, SUCH
EXCESS SHALL BE DEPOSITED TO THE CREDIT OF ANY RESERVE
FUND FOR SUCH REVENUE BONDS OR, IF SO PROVIDED IN ANY
TRUST AGREEMENT SECURING SUCH REVENUE BONDS, MAY BE
APPLIED TO THE COST OF ANY ADDITIONAL PROJECT.

(F) THE TOWN MAY ALSO PROVIDE BY RESOLUTION OR
ORDINANCE FOR THE ISSUANCE AND SALE OF ITS REVENUE
REFUNDING BONDS FOR THE PURPOSE OF REFUNDING ANY REVENUE
BONDS ISSUED UNDER THE PROVISIONS OF THIS SECTION,
INCLUDING THE PAYMENT OF ANY REDEMPTION PREMIUM THEREON
AND ANY INTEREST ACCRUED OR TO ACCRUE TO THE DATE OF
REDEMPTION OF SUCH REVENUE BONDS, AND, IF DEEMED
ADVISABLE BY THE TOWN, FOR SUCH ADDITIONAL PURPOSES AS
MAY BE PROVIDED OR PERMITTED BY THE AUTHORIZING
RESOLUTION OR ORDINANCE FOR THE REVENUE BONDS BEING