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1992 Resolutions
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1992
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1992 Resolutions
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Last modified
2/6/2009 3:37:04 PM
Creation date
6/13/2001 5:25:41 PM
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Ord/Resolutions
Year
1992
Ord/Resolutions - Type
Resolutions
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-4- <br /> <br />opposite each such year below, with the Bonds maturing in each such year bearing interest <br />at the rate per annum set forth opposite such year, as follows: <br /> <br /> Principal Interest Principal Interest <br />Year Amount Rate Year Amount Rate <br /> <br />1993 $380,000 5.50% 2003 $ 380,000 5.80% <br />1994 380,000 5.50 2004 380,000 5.90 <br />1995 380,000 5.50 2005 380,000 6.00 <br />1996 380,000 5.60 2006 380,000 6.125 <br />1997 380,000 5.60 2007 380,000 6.25 <br />1998 380,000 5.60 2008 380,000 6.30 <br />1999 380,000 5.60 2009 380,000 6.375 <br />2000 380,000 5.60 2010 380,000 6.375 <br />2001 380.000 5.60 2011 380,000 6.375 <br />2002 380,000 5.70 2012 395,000 6.375 <br /> <br /> The Bonds of each issue matunng on and before August 1, 2001 shall not be <br />subject to redemption prior to their stated maturities. The Bonds of each issue maturing <br />on and after August 1, 2002 (or portions thereof in installments of $5,000) shall be subject <br />to redemption at the option of the City prior to their stated maturities on or after August <br />1, 2001 in whole at any time, or in part from time to time on any ~nterest payment date in <br />any order determined by the City (except that if tess than all of the Bonds of a given <br />maturity of either issue are called for redemption, the particular Bonds or portions thereof <br />in installments of $5,000 of such maturity of such issue to be redeemed shall be selected by <br />lot), upon payment of the following redemPtion prices (expressed as a percentage of <br />principal amount of Bonds to be redeemed), together with the interest accrued on the <br />principal amount to be redeemed to the date fixed for the redemption thereof: <br /> <br />Redemption Dates <br />(Both Dates Inclusive] <br /> <br /> Redemption Prices <br />(Percentage <br />of Principal Amount) <br /> <br />August 1, 2001 to July 3I, 2002 <br />August 1, 2002 to July 31, 2003 <br />August 1, 2003 to July 31, 2004 <br />August 1, 2004 to July 31, 2005 <br />August 1, 2005 and thereafter <br /> <br />102 % <br />101 1/2 <br />101 <br />100 1/2 <br />100 <br /> <br /> If any Bond of either issue (or any portion of the principal amount thereof in <br />installmems of $5,000) shall be called for redemption, notice of the redemption thereof, <br /> <br /> <br />
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