Laserfiche WebLink
'+r.r <br />In <br />being redeemed plus accrued interest to the redemption date. <br />(2) The principal of this bond is subject to mandatory redemption <br />prior to maturity according to the provisions of Section 504 of the Indenture <br />pertaining to Sinking Fund redemption on April 1 in each of the years 1986 to <br />1994, inclusive at a redemption price of the principal amount being redeemed <br />plus accrued interest to the redemption date. <br />(3) The principal of this bond is also subject to redemption prior to <br />maturity, at the option of the City, from funds from any other source, on any <br />interest payment date on and after April 1, 1985, at a redemption price of <br />the principal amount of bonds being redeemed plus accrued interest to the <br />redemption date and plus a premium of the principal amount of bonds being <br />redeemed as follows: <br />30/,, if redeemed April 1, 1985 to October 1, 1986, inclusve; <br />2% if redeemed April 1, 1987 to October 1, 1988, inclusve; <br />1% if redeemed April 1, 1989 to October 1, 1990, inclusve; <br />No premium if redeemed after October 1, 1990. <br />Partial redemption, including Sinking Fund redemption, of the principal <br />of this bond shall be in multiples of $5,000 identified to correspond to the <br />coupon bonds (which are numbered consecutively from 1 to 200, inclusive), <br />and handled by lot in such manner as the Trustee shall determine, to the end of <br />identifying the corresponding coupon bonds to be cancelled as a result of <br />such redemption. <br />Notice of redemption shall be mailed by registered or certified mail to <br />the registered owner of this bond addressed to such registered owner at his <br />registered address and placed in the mails not less than thirty (30) days prior <br />to the date fixed for redemption. Each notice shall specify the amount of the <br />principal being redeemed and the redemption date. After the date specified, the <br />amount of principal being redeemed will cease to bear interest provided funds <br />for payment have been deposited with the Trustee, and, except for the purpose of <br />