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<br />Section 9. That the bonds shall be callable for payment
<br />prior to maturity in accordance with the terms set out in the face of
<br />the bond form in Section 5 of this Ordinance.
<br />Section 10. That the Treasurer of the City is hereby
<br />ordered and directed to place on deposit with the Paying Agent, at
<br />least five (5) days before the date that any bond or interest
<br />coupon issued hereunder is due, whether at maturity or redemption
<br />prior to maturity, an amount from the funds herein appropriated
<br />equal to the amount of such bonds or coupons, for the sole purpose of
<br />paying the same, together with the customary Paying Agent's fee.
<br />Such deposit shall be at the risk of the City and shall not operate
<br />as a payment of the bonds or coupons until so applied. This instruction
<br />to the Treasurer is irrevocable and may be enforced by mandamus.
<br />INTEREST
<br />PRINCIPAL
<br />INTEREST
<br />YEAR
<br />BOND
<br />NOS.
<br />RATE
<br />AMOUNT
<br />MARCH 1
<br />SEPT. 1
<br />TOTAL
<br />1978
<br />1 -
<br />6
<br />4%
<br />$ 6,250
<br />$3,602.25
<br />$3,6'02.25
<br />$13,454.50
<br />1979
<br />7 -
<br />12
<br />40
<br />6,000
<br />3,477.25
<br />3,477.25
<br />12,954.50
<br />1980
<br />13 -
<br />18
<br />4.250
<br />6,000
<br />3,357.25
<br />3,357.25
<br />12,714.50
<br />1981
<br />19 -
<br />25
<br />4.25°
<br />7,000
<br />3,229.75
<br />3,229.75
<br />13,459.50
<br />1982
<br />26 -
<br />32
<br />4.250
<br />7,000
<br />3,081.00
<br />3,081.00
<br />13,162.00
<br />1983
<br />33 -
<br />39
<br />4.500
<br />7,000
<br />2,932.25
<br />2,932.25
<br />12,864.50
<br />1984
<br />40 -
<br />46
<br />4.50%
<br />7,000
<br />2,774.75
<br />2,774.75
<br />12,549.50
<br />1985
<br />47 -
<br />53
<br />4.50%
<br />7,000
<br />2,617.25
<br />2,617.25
<br />12,234.50
<br />1986
<br />54 -
<br />60
<br />4.50%
<br />7,000
<br />2,459.75
<br />2,459.75
<br />11,919.50
<br />1987
<br />61 -
<br />68
<br />4.500
<br />8,000
<br />2,302.25
<br />2,302.25
<br />12,604.50
<br />1988
<br />69 -
<br />76
<br />4.50%
<br />8,000
<br />2,122.25
<br />2,122.25
<br />12,244.50
<br />1989
<br />77 -
<br />84
<br />4.500.
<br />8,000
<br />1,942.25
<br />1,942.25
<br />11,884.50
<br />1990
<br />85 -
<br />93
<br />4.40%
<br />9,000
<br />1,762.25
<br />1,762.25
<br />12,524.50
<br />1991
<br />94 -
<br />102
<br />4.40%
<br />9,000
<br />1,564.25
<br />1,564.25
<br />12,128.50
<br />1992
<br />103 -
<br />112
<br />4.40%
<br />10,000
<br />1,366.25
<br />1,366.25
<br />12,732.50
<br />1993
<br />113 -
<br />122
<br />4.25%
<br />10,000
<br />1,146.25
<br />1,146.25
<br />12,292.50
<br />1994
<br />123 -
<br />133
<br />4.250
<br />11,000
<br />933.75
<br />933.75
<br />12,867.50
<br />1995
<br />134 -
<br />144
<br />4%
<br />11,000
<br />700.00
<br />700.00
<br />12,400.00
<br />1996
<br />145 -
<br />156
<br />4%
<br />12,000
<br />480.00
<br />480.00
<br />12,960.00
<br />1997
<br />157 -
<br />168
<br />4%
<br />12,000
<br />240.00
<br />240.00
<br />12,480.00
<br />Section 9. That the bonds shall be callable for payment
<br />prior to maturity in accordance with the terms set out in the face of
<br />the bond form in Section 5 of this Ordinance.
<br />Section 10. That the Treasurer of the City is hereby
<br />ordered and directed to place on deposit with the Paying Agent, at
<br />least five (5) days before the date that any bond or interest
<br />coupon issued hereunder is due, whether at maturity or redemption
<br />prior to maturity, an amount from the funds herein appropriated
<br />equal to the amount of such bonds or coupons, for the sole purpose of
<br />paying the same, together with the customary Paying Agent's fee.
<br />Such deposit shall be at the risk of the City and shall not operate
<br />as a payment of the bonds or coupons until so applied. This instruction
<br />to the Treasurer is irrevocable and may be enforced by mandamus.
<br />
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