§ 20-97. Form and procedures for bonds and other securities.

(a)

Bonds, other securities and other similar obligations of the City and County of Denver (collectively referred to in this section as "public securities") may be issued in book entry form, with or without the delivery of physical securities, any registered form or bearer form, with or without interest coupons, or in any combination thereof, with or without the right of conversion to another form, and in any denomination or denominations, with or without the right of conversion to any other denomination, subject to such conditions for transfer, all as may be provided in the instrument authorizing the public securities. As used in this section, "the instrument authorizing the public securities" means the ordinance of the city council, the order of the manager of public works or the resolution of the board of water commissioners, or other appropriate action, whichever is applicable, which authorizes the sale and issuance of such public securities.

(b)

The instrument authorizing the public securities shall appoint the manager of finance or any other officer of the city or any retained corporate agent as registrar or registrars to perform such duties with respect to the registration, custody, conversion, exchange and transfer of the city's public securities as may be provided therein.

(c)

Public securities may be made registrable, transferable and payable by the registrar under such terms and conditions as may be provided in the instrument authorizing the city's public securities. Payment at designated due dates or in installments may be by check, draft, warrant or other order for payment or medium of payment and under such other conditions as may be provided in the instrument authorizing the public securities.

(d)

The instrument authorizing the public securities shall stipulate the form of the securities. If the instrument requires the delivery of securities in physical form, such securities shall contain the manual or facsimile signatures of any city official stipulated in the instrument authorizing the public securities. Any registrar may hold in custody any partially or fully executed public securities if provided by, and to the extent permitted by, the instrument authorizing the public securities.

(e)

Records with regard to the ownership or pledge of public securities are not subject to public inspection or copying under any law of the City and County of Denver or of this state relating to the right of the public to inspect or copy public records. Registration records of the City and County of Denver may be maintained at such locations within the United States as may be determined by the instrument authorizing the public securities.

(Ord. No. 1013-02, § 3, 12-9-02; Ord. No. 775-07, § 49, 12-26-07)