Laserfiche WebLink
the original principal amount of $8,535,000 (the "1993 COPs"), maturing in principal amounts <br /> and bearing interest as follows: <br /> Maturity Years Principal Interest <br /> (March 1) Amounts Rates <br /> 2003 $ 620,000 5.20% <br /> 2004 655,000 5.30 <br /> 2005 690,000 5.40 <br /> 2006 730,000 5.50 <br /> 2007 775,000 5.55 <br /> 2008 820,000 5.60 <br /> ; and <br /> WHEREAS, the 1993 COPs maturing on and after March 1, 2004 (the "1993 Refunded <br /> COPs") are callable for prepayment at any time on or after March 1, 2003, in whole or in part, on <br /> any interest payment date, at a price of par plus accrued interest to the date of prepayment; and <br /> WHEREAS, the City now has outstanding its Limited Tax General Obligation Bonds, <br /> 1993, issued pursuant to Ordinance No. 1924-93 under date of January 1, 1993, in the original <br /> principal amount of $1,470,000 (the "1993 Bonds"), maturing in principal amounts and bearing <br /> interest as follows: <br /> Maturity Years Principal Interest <br /> (December 1) Amounts Rates <br /> 2003 $ 110,000 5.50% <br /> 2004 115,000 5.60 <br /> 2005 125,000 5.70 <br /> 2006 130,000 5.70 <br /> 2007 140,000 5.75 <br /> WHEREAS, the 1993 Bonds maturing on and after December 1, 2004 (the "1993 <br /> Refunded Bonds") are callable for redemption at any time on or after December 1, 2003, in <br /> whole or in part, on any interest payment date, at a price of par plus accrued interest to the date of <br /> redemption; and <br /> -2- P:\CMW\CMW5IL 12/06/02 <br />