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Ordinance 982-83
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Ordinance 982-83
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4/24/2018 11:41:47 AM
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4/24/2018 11:41:45 AM
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Ordinances
Ordinance Number
982-83
Date
11/9/1983
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1984 . The Bonds shall bear interest and mature on December 1 of <br /> each year in accordance with the following schedule : <br /> Bond Numbers Interest Maturity <br /> (Inclusive) Amounts Rates Years <br /> 1 $ 1, 814 .30 7 . 60% 1984 <br /> ** ** ** ** <br /> 2 to 11 50, 000 .00 8 .25 1986 <br /> 12 to 21 50,000 .00 8 .75 1987 <br /> 22 to 31 50,000 .00 9 .00 1988 <br /> 32 to 41 50,000 .00 9 .25 1989 <br /> 42 to 51 50,000.00 9 . 50 1990 <br /> 52 to 61 50, 000.00 9 .75 1991 <br /> 62 to 71 50, 000.00 9 . 90 1992 <br /> 72 to 81 50, 000 .00 10 .05 1993 <br /> 82 to 91 50, 000 .00 10. 20 1994 <br /> 92 to 101 50, 000 .00 10. 35 1995 <br /> 102 to 111 50, 000 .00 10 . 50 1996 <br /> ** ** ** ** <br /> 112 to 139 140, 000.00 7 . 60 2000 <br /> 140 to 168 145, 000 .00 8 .00 2000 <br /> 169 to 187 95, 000.00 8 . 50 2000 <br /> 188 to 206 95,000 .00 9 .00 2000 <br /> 207 to 225 95, 000 .00 9 .40 2000 <br /> 226 to 244 95, 000 .00 9 . 60 2000 <br /> 245 to 264 100,000 .00 9 . 80 2000 <br /> 265 to 283 95 , 000.00 10 .00 2000 <br /> 284 to 303 100, 000 .00 10. 15 2000 <br /> 304 to 322 95 , 000.00 10 . 30 2000 <br /> 323 to 342 100, 000 .00 10 .45 2000 <br /> 343 to 362 100, 000 .00 10 . 60 2000 <br /> 363 to 382 100, 000 .00 10 .70 2000 <br /> 383 to 404 110, 000 .00 10 . 80 2000 <br /> The Bonds shall be issued only in registered form as to <br /> both principal and interest on books or records maintained by <br /> the Bond Registrar (the "Bond Register" ) . Such Bond Register <br /> shall contain the name and mailing address of the owner of each <br /> Bond or nominee of such owner and the principal amount and <br /> number of Bonds held by each owner or nominee . <br /> Bonds may be transferred only if endorsed in the manner <br /> provided thereon and surrendered to the Bond Registrar . The <br /> transfer of a Bond shall be by the Bond Registrar ' s receiving <br /> the Bond to be transferred, cancelling it and issuing a new <br /> certificate in the form of the Bonds to the transferee after <br /> registering the name and address of the transferee on the Bond <br /> Register . The new certificate shall bear the same Bond number <br /> as the transferred Bond but may have a different inventory <br /> - 2 - <br />
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