Ordinance 2237-97 - Laserfiche WebLink

Maturity Year (September 1) Principal Amount Interest Rate 2001 $ 380,000 4.350% 2002 400,000 4.450 2003 420,000 4.550 2004 440,000 4.650 2005 460,000 4.750 2006 485,000 4.800 2007 510,000 4.850 2008 535,000 4.850 2009 560,000 5.000 2010 590,000 5.050 2011 620,000 5.150 2012 655,000 5.200 2013 690,000 5.250 2014 725,000 5.300 2015 765,000 5.350 2017 1,665,000 5.125 Both principal of and interest on the Bonds shall be payable in lawful money of the United States of America. Interest on the Bonds shall be paid by check or draft mailed on the date such interest is due to the Registered Owners at the addresses appearing on the Bond Register as of the 15th day of the month preceding the interest payment date. Principal of the Bonds shall be payable upon presentation and surrender of the Bonds by the Registered Owners at either principal office of the Bond Registrar in Seattle, Washington, or New York, New York, at the option of such Registered Owners. Section 3. Registration. A. Bond Registrar. The City hereby specifies and adopts for the Bonds the system of registration approved by the Washington State Finance Commission, pursuant to which the fiscal agencies of the State of Washington in the cities of Seattle, Washington, and New York, New York, shall act as registrar, authenticating agent, transfer agent and paying agent for the Bonds (collectively, the "Bond Registrar"). The Bond Registrar shall keep, or cause to be kept, at its principal corporate trust office, sufficient books for the registration and transfer of the Bonds, which shall at all times be open to inspection by the City. The Bond Registrar is authorized, on behalf of the City, to authenticate and deliver the Bonds transferred or exchanged in accordance -4- DOTOM6.DOC 97/08/20