Ordinance 1065-84 - Laserfiche WebLink

Maturity Interest Years Amounts Rates 1986 $15, 000 9 .25% 1987 15 ,000 9 .25 1988 15,000 9 .25 1989 20,000 9 .25 1990 20,000 9 .25 1991 20, 000 9 . 50 1992 25, 000 9 . 50 1993 25,000 9 .75 1994 30, 000 10 .00 1995 30, 000 10 .00 1996 35, 000 10 .00 1997 40,000 10 .00 1998 45,000 10 .10 1999 50,000 10 .20 2000 50,000 10 .30 2001 55,000 10 .40 2002 65,000 10 . 50 2003 70, 000 10 . 50 2004 75 , 000 10 . 50 Upon surrender thereof to the Bond Registrar , Bonds are interchangeable for Bonds in any authorized denomination of an equal aggregate principal amount and of the same maturity. Bonds may be transferred only if endorsed in the manner provided thereon and surrendered to the Bond Registrar . Such exchange or transfer shall be without cost to the owner or transferee. The Bonds shall be issued only in registered form as to both principal and interest on books or records maintained by the Bond Registrar (the "Bond Register " ) . Such Bond Register shall contain the name and mailing address of the owner of each Bond or nominee of such owner and the principal amount and number of Bonds held by each owner or nominee. Both principal of and interest on the Bonds shall be pay- able in lawful money of the United States of America . Interest on the Bonds shall be paid by check or draft mailed to the registered owners or nominees at the addresses appearing on the Bond Register on the 15th day of the month preceding the inter- est payment date . Principal of the Bonds shall be payable upon presentation and surrender of the Bonds by the registered owners at the principal offices of the Bond Registrar . - 3 -