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Ordinance 1681-90
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Ordinance 1681-90
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10/3/2017 10:29:29 AM
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Ordinances
Ordinance Number
1681-90
Date
2/21/1990
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1 of $8 , 131 , 874 . 10 . The Bonds shall be dated March 15 , 1990, and <br /> 2 shall be numbered from 1 to 1626 , inclusive, in the manner and <br /> 3 with any additional designation as the Bond Registrar <br /> 4 (collectively, the fiscal agencies of the State of Washington <br /> 5 located in Seattle, Washington, and New York, New York) deems <br /> 6 necessary for the purpose of identification. Bond No . 1 shall <br /> 7 be in the denomination of $6 , 874 . 10 and Bonds Nos . 2 to 1626 , <br /> 8 inclusive, shall be in the denomination of $5 , 000 each. The <br /> 9 Bonds shall mature on March 15 in years and amounts as follows : <br /> 10 Maturity Bond Numbers <br /> Year_s_ (Inclusv_e) Amounts <br /> 11 2009 1 to 997 $4 , 986 , 874 . 10 <br /> 12 2010 998 to 1466 2 , 345 , 000 . 00 <br /> 13 2012 1467 to 1626 800 , 000 . 00 <br /> 14 The Bonds shall bear interest (computed on the basis of a <br /> 15 360-day year of twelve 30-day months) , payable annually <br /> 16 beginning March 15 , 1991, in accordance with the following <br /> 17 schedule : <br /> 18 Bond Numbers Interest <br /> (Inclusive) Amounts Rates_ <br /> 19 1 to 89 $ 446, 874 . 10 6 . 30% <br /> 20 90 to 178 445 , 000 . 00 6 . 50 <br /> 179 to 268 450, 000 . 00 6 . 60 <br /> 21 269 to 358 450, 000 . 00 6 . 70 <br /> 359 to 449 455 , 000 . 00 6 . 80 <br /> 22 450 to 539 450 , 000 . 00 6 . 90 <br /> 540 to 630 455 , 000 . 00 7 . 00 <br /> 23 631 to 721 455 , 000 . 00 7 . 10 <br /> 722 to 813 460 , 000 . 00 7 . 25 <br /> 24 814 to 905 460 , 000 . 00 7 . 40 <br /> 906 to 997 460 , 000 . 00 7 . 60 <br /> 25 998 to 1466 2 , 345 , 000 . 00 7 . 75 <br /> 1467 to 1626 800 , 000 . 00 7 . 80 <br /> - 3 - <br />
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