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Ordinance 830-81
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Ordinance 830-81
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6/7/2018 11:46:54 AM
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6/7/2018 11:46:46 AM
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Ordinances
Ordinance Number
830-81
Date
12/30/1981
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and pay from the Revenue Fund into the 2002 Sinking Fund Account <br /> those amounts necessary, together with such other funds as are on <br /> hand and available in the 2002 Sinking Fund Account, to pay the <br /> principal of the outstanding Bonds which are Term Bonds. Such <br /> payment shall be made on or before the twentieth day of each month <br /> as follows: <br /> 1 . Beginning with the month of July, 1993, and con- <br /> tinuing through the month of June, 1994, an amount equal to <br /> one-twelfth of the lesser of $405,000 or the principal amount of <br /> the Bonds numbered 516-1714, inclusive, which are outstanding on <br /> July 1, 1993 . <br /> 2 . Beginning with the month of July, 1994, and con- <br /> tinuing through the month of June, 1995, an amount equal to <br /> one-twelfth of the lesser of $455,000 or the principal amount of <br /> the Bonds numbered 516 to 1714, inclusive, which are outstanding <br /> on July 1, 1994. <br /> 3 . Beginning with the month of July, 1995, and con- <br /> tinuing through the month of June, 1996, an amount equal to <br /> one-twelfth of the lesser of $505, 000 or the principal amount of <br /> the Bonds numbered 516 to 1714, inclusive, which are outstanding <br /> on July 1, 1995 . <br /> 4. Beginning with the month of July, 1996, and con- <br /> tinuing through the month of June, 1997, an amount equal to <br /> one-twelfth of the lesser of $565, 000 or the principal amount of <br /> the Bonds numbered 516 to 1714, inclusive, which are outstanding <br /> on July 1, 1998. <br /> 5 . Beginning with the month of July, 1997, and con- <br /> tinuing through the month of June, 1998, an amount equal to <br /> one-twelfth of the lesser of $635, 000 or the principal amount of <br /> -11- BD338 81/12/22 <br />
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